Profit

Demystifying the new FDI norms

PUBLISHED ON: February 11, 2009 | Duration: 3 min, 02 sec

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Cabinet Committee of Economic Affairs (CCEA) on Wednesday approved revised FDI norms for calculating the total foreign investment in Indian companies. According to Commerce Minister Kamal Nath, the separation of ownership from control may open the floodgates for foreign investment.
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