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COVID-19: Government amends extant FDI policy for curbing opportunistic takeovers or acquisitions of Indian companies

COVID-19: Government amends extant FDI policy for curbing opportunistic takeovers or acquisitions of Indian companies

Apr 18, 2020, at 06:23 pm

New Delhi/IBNS: The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para 3.1.1 of extant FDI policy as contained in Consolidated FDI Policy, 2017.