India Mulls Full Disclosure of FDIs

The Indian government plans to put in place a mechanism for monitoring the actual use of foreign direct investments, reports the Economic Times.


Under the plan, companies bringing in foreign equity will be periodically required to disclose the end-use of such funds.


According to the Times, the government wants companies to reveal the full details of ownership, background of promoters, sourcing of funds and investment history.


The Reserve Bank of India had also requested the government to either administrative departments or state governments to monitor end use of FDI inflows, says the Times.




Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern