Tag: Foreign Direct Investment in India
July 2, 2019
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Foreign Liabilities and Assets Information Reporting
The Reserve Bank of India (RBI) vide a 2012 circular, stipulated that Indian companies which have received FDI and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year, should file the annual return on Foreign Liabilities and Assets (FLA) in the soft form which can be duly filled-in, validated and sent by e-mail to the Reserve Bank by July 15 of every year. The coverage was enhanced to reporting of inward and outward foreign affiliate trade statistics (FATS) and reporting by the limited liability partnerships (LLPs) through the subsequent circulars....
May 13, 2019
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Masala Bonds: The Kerala Story
If one were to be asked whether Dim Sum, Matador, Samurai, Kangaroo, Maple and Bull Dog share anything in common, one would be hard-pressed for an appropriate reply.To answer the question posed, the above are all international bonds. International bonds are debt investment instruments issued in a country by a non-domestic entity, in the currency of that non-domestic country. These bonds have been colourfully named, as demonstrated, to evoke an association with their home country. “Dim-Sum” bonds are the Chinese variant, the Japanese version are the lofty “Samurai” bonds, and one can probably guess which countries Matador, Maple and Kangaroo belong to....
April 5, 2019
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Evolution of the Indian ECB Framework
In a caricatured simplified world, there are three broad sources of finance: equity, debt, and borrowing. In each case, in terms of origin, funds can come from domestic and foreign sources. Interestingly, when one looks at Balance of Payments (BoP) representation of a country, it majorly comprises of the following two components: investments and borrowing....
January 3, 2019
Corporate Law
Corporate Law
FDI GUIDELINES FOR E-COMMERCE ENTITIES
On December 26th, 2018 the Department of Industrial Policy and Promotion under the Ministry of Commerce (the "DIPP"),introduced stricter guidelines that govern foreign direct investment ("FDI") in e-commerce firms. The Government through press note 2 (2018) ("Press Note"), provided for guidelines applicable to such e-commerce entities under the consolidated foreign direct investment policy of 2017 (the "FDI Policy"). ...
June 22, 2018
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Indian companies having foreign investment to ensure re...
The Reserve Bank of India (“RBI”) has introduced a system of the Single Master Form (“SMF”) for foreign investment reporting. Significantly, the RBI now requires all Indian entities having foreign investment to provide an update of the total foreign investment by July 12, 2018....
January 15, 2018
Corporate Law
Corporate Law
Changes to the FDI Policy 2017
A number of amendments to the FDI Policy, 2017 have been approved by the Union Cabinet. Single Brand Retail Trading no longer requires government approval for FDI....