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FDI in Indian Real Estate
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Are foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) allowed to invest in Indian companies? Ans: Yes, they are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. Q2). What are the maximum overall investments one FII, NRI or PIO?
Ans: The upper limit for overall investment for FIIs is 24%, of the paid up capital of the Indian company,…