100 per cent FDI approved

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100 per cent FDI in Approved in Telecom: Proper Regulations Are Yet to Come

Indian telecom sector which is under the huge Rs 251,000 crore debt have just got a breather as Telecom Commission approved the proposal of foreign direct investment cap to 100% from the present 74 per cent. Commerce and industry minister Anand Sharma announced this after a meeting of the Union Cabinet. At present 74% FDI is allowed in telecom, of which 49% directly and beyond that Foreign Investment Promotion Board… Read More

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