Guidelines for foreign investment in Commodity Exchanges

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..... nges Government of India had laid the guidelines for foreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008. As per the guidelines, a composite ceiling for foreign investment of 49% was allowed with prior Government approval subject to the condition that investment under the Portfolio Investment Scheme will be limited to 23% and that under the FDI Scheme will be .....

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..... ised to adhere to the conditions of Press Note 2(2008) by 30.6.2009. 4 All Commodity Exchanges shall furnish a compliance report informing the foreign investment in the Commodity Exchange as on 30.6.2009, along with details of equity structure, to the Department of Industrial Policy Promotion, Department of Consumer Affairs, Foreign Investment Promotion Board, the Forward Market Commission and .....

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