INDIA: Government set to permit India QFIs to invest directly in equity markets

Thursday September 29 2011

It is being reported that the Indian Government is set to permit India (QFIs) Qualified Foreign Investors to buy equities directly in the stock market. The government last month permitted India QFIs to invest up 13 Billion USD in equity and debt schemes of mutual funds in the infrastructure sector. This information will be updated as further details become available.