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In light of the ongoing COVID-19 pandemic and with a view to “curbing opportunistic takeovers / acquisitions of Indian companies due to the current COVID-19 pandemic”, the Government has recently announced that investments from an entity based in a country which shares a land border with India, or where the beneficial owner of the investment in India is situated in a country which shares a land border with India, will require prior Government approval.

Click to read more – Foreign Direct Investment