Supreme Court: Foreign Companies’ Head Office Expenses in India are Capped under Section 44C  ||  SC Directs Trial Courts to Systematically Catalogue Witnesses and Evidence in Criminal Judgments  ||  SC Calls For Sensitising Future Generations on Equality in Marriage to Combat Dowry Practices  ||  SC: Separate Suits Against Confirmed Auction Sales are Barred; Remedy Available under Sec 47  ||  NCLT Mumbai: Oppression Claims Against Majority Shareholders Do not Justify Winding up a Company  ||  J&K&L HC Rules it Illegal and Inequitable to Deny Regularisation to a Daily Wager After 34 Years  ||  J&K&L High Court: Revisional Powers Must Be Used Within Reasonable Time; Merits Don’t Justify Delay  ||  Supreme Court: Compassionate Appointees Cannot Later Claim Entitlement to a Higher Post  ||  NCLAT New Delhi: Insolvency Pleas Cannot Be Admitted When Information Utility Records Show a Dispute  ||  NCLAT: Issuing Cheques For Another Entity’s Liabilities Does not Constitute Operational Debt    

Up to 100 per cent FDI in White Label ATM operations- (Ministry of Commerce and Industry) (01 Oct 2015)

MANU/INDP/0028/2015

Commercial

Government of India has allowed Foreign Direct Investment up to 100 per cent in White Label ATM Operations, under the automatic route. Some other conditions are a minimum net worth of Rs. 100 crores for non-banking entities to partake in operations and, of course, compliance with existing white label ATM guidelines.

Relevant : White Label ATMs (WLAs) in India – Guidelines MANU/RMIC/0233/2012

Tags : ATM   FOREIGN INVESTMENT   HUNDRED   100  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved