Martin Luther King Junior famously said, “Of all the forms of inequality, injustice in health is the most shocking and inhumane.” Echoing this assertion, in the recently concluded parliamentary se...
Published On: 01/09/2015
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The Department of Industrial Policy and Promotion, Government of India vide press note 9 dated September 16, 2015 ("Press Note") amended the definition of 'capital' and also added paragraph 3.3.3 in the Consolidated Foreign Direct Investment Policy Circular of 2015 ("FDI Policy"). This amendment would now make it possible for persons resident outside India to acquire warrants and partly paid shares.
