DoT Allows 100% Direct FDI Under Automatic Route With Certain Conditions
Today, the telecom department amended the unified license agreement that will let 100 percent foreign direct investment (FDI) as per the automatic route. Notably, this was a part of the telecom relief package and it has come right when Vodafone Idea aka Vi is looking forward to fundraising via global investors. As per the Department of Telecommunications (DoT)’s notification that was issued today, FDI up to 100% under the automatic... Read More
