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ARTICLE · 02 AUGUST 2016

Regulatory Alerts

Nishith Desai Associates, continuing with its practice of highlighting important regulatory changes, is bringing you this alert which provides a brief overview of certain key regulatory announcements...

IndiaFinance and Banking
  • Union Cabinet increases the limit for foreign investments in stock exchanges from 5% to 15% for selected foreign institutions.
  • Union Cabinet allows the foreign portfolio investors to acquire shares of a stock exchange through initial allotment.

In continuation of its endeavour to liberalise the existing foreign direct investment ("FDI") regime in India, the current government has announced numerous important policy related clarifications / directives relating to the FDI in India. Nishith Desai Associates, continuing with its practice of highlighting important regulatory changes, is bringing you this alert which provides a brief overview of certain key regulatory announcements with our comments.

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