Foreign investment in Single–Brand Product Retail Trading/Multi-Brand Retail Trading/Civil Aviation Sector/Broadcasting Sector/Power Exchanges - Amendment to the Foreign Direct Investment Scheme

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..... ubject:- Foreign investment in Single Brand Product Retail Trading/Multi-Brand Retail Trading/Civil Aviation Sector/Broadcasting Sector/Power Exchanges - Amendment to the Foreign Direct Investment Scheme Attention of Authorised Dealers Category I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulation .....

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..... 5 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy Promotion, Ministry of Commerce Industry, Government of India. c) Foreign airlines are permitted FDI up to 49% in the capital of Indian companies in Civil Aviation Sector, operating scheduled and non-scheduled air transport, under the automatic/Government route subject to the terms and conditions as stip .....

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..... Note No. 8 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy Promotion, Ministry of Commerce Industry, Government of India. 3. A copy each of Press Note Nos. 4 , 5 , 6 , 7 and 8 (2012 Series) dated September 20, 2012 issued in this regard is enclosed. 4. AD Category - I banks may bring the contents of the circular to the notice of their customers/con .....

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