100% FDI IN SINGLE BRAND RETAIL TRADING

Hello Readers, Hope you are enjoying our corporate law updates and share with your precious circle. Today (10.01.2018) union cabinet approved “100% FDI IN SINGLE BRAND RETAIL TRADING”. Some key points regarding this are:- 100% FDI under automatic route for Single Brand Retail Trading. Clarification that real-estate brooking service does not amount to real estate business and is therefore, eligible for 100% FDI under automatic route. Foreign airlines allowed to invest up to 49% under approval route in Air India. FIIs (Foreign Institutional Investors) /FPIs (Foreign Portfolio Investors) allowed to invest in Power Exchanges through primary market as well...

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