The government is actively evaluating a revamped framework for Press Note 3 (PN3)—the foreign investment rule issued in 2020 that mandates prior approval for FDI from neighbouring countries, including ...

Press Note 3 made government approval mandatory to curb opportunistic takeovers of domestic companies and increase scrutiny of investment, especially from China. India may allow automatic approval for ...

Both securities were priced at 100% of their nominal value, with the 6-year notes carrying a fixed rate of 3.136%. J.P. Morgan Securities plc served as the stabilisation coordinator for the ...