The government is looking to amend several laws – from the Companies Act to Sebi Act and Foreign Exchange Management Act (Fema) – to stipulate checks on foreign direct investment (FDI) from China and other neighbouring countries as part of an exercise to strengthen its vigil, while also creating a central database for overseas investments.
from Times of India https://ift.tt/2NnVFWo
from Times of India https://ift.tt/2NnVFWo