Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

New FDI policy unveiled

Monday, 08 Apr 2013
Share this on :

The Department of Industrial Policy and Promotion (DIPP) has unveiled the new consolidated foreign direct investment (FDI) policy effective from 05 April 2013. The New FDI Policy supersedes the earlier version of the consolidated FDI policy of 2012 and also the press notes that were issued by DIPP prior to 05 April 2013.

As per new policy, 51 per cent FDI in multi brand retail sector will be allowed with government approval. However, the policy mandates some conditions have to be fulfilled before applying to the DIPP.

In the case of Asset Reconstruction Companies (ARCs), the ceiling limit for FDI in ARCs has been increased to 74 per cent from 49 per cent with government approval. The new policy permits 49 per cent (FDI & FII) in Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 will be permitted after government approval (for FDI).

In the Broadcasting Sector, FDI cap has been raised to 74 per cent in various services such as Direct to Home services and Cable Networks (Multi System operators (MSOs) operating at National or State or District level and undertaking upgradation of networks towards digitalization and addressability). Investment upto 49 per cent will be allowed in the automatic route whereas for investment beyond 49 per cent, approval of the government will be required.

As per the new policy, NBFCs having foreign investment more than 75 per cent and up to 100 per cent, and with a minimum capitalisation of US$ 50 million, can set up step down subsidiaries for specific NBFC activities, without any restriction on the number of operating subsidiaries and without bringing in additional capital. Foreign Capital participation in LLPs will be allowed only by way of cash consideration, received by inward remittance, through normal banking channels or by debit to NRE/FCNR account of the person concerned, maintained with an authorized dealer/authorized bank.


Post Your Comments


Sign up to start your free trial

Are you...


Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services