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June 2008

A.P. (DIR Series) Circular No. 40, dated 28-4-2008 — Foreign investment in Credit Information Companies — Amendment to the Foreign Direct Investment Scheme.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants

Reading Time 1 mins

New Page 2

Part C : RBI/FEMA

Given below are the highlights of RBI Circulars and
Notifications.

10 A.P. (DIR Series) Circular No. 40, dated
28-4-2008 — Foreign investment in Credit Information Companies — Amendment to
the Foreign Direct Investment Scheme.

Pursuant to Press Note No. 1 (2008) issued by Commerce
Ministry (see April 2008 BCAJ, page 97).

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June 2008

A.P. (DIR Series) Circular No. 40, dated 28-4-2008 — Foreign investment in Credit Information Companies — Amendment to the Foreign Direct Investment Scheme.

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June 2008

A.P. (DIR Series) Circular No. 40, dated 28-4-2008 — Foreign investment in Credit Information Companies — Amendment to the Foreign Direct Investment Scheme.

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You May Also Like

A.P. (DIR Series) Circular No. 39, dated 28-4-2008 — Bids in foreign currency for projects to be executed in India.

A.P. (DIR Series) Circular No. 41, dated 28-4-2008 — Foreign investment in Commodity Exchanges — Amendment to the Foreign Direct Investment Scheme.