Foreign direct investors, keen on pumping money in merchant banking or asset management, have to bring in a minimum of $20 million. The Centre has fixed a threshold of $20 million for foreign direct investments (FDIs) in unregistered fund-based activities such as merchant banking, underwriting, portfolio management services, stockbroking, and asset management.
Source - http://www.business-standard.com
Engaging Consultant Chartered Accountant
Bids are invited from reputed experienced Chartered Accountants firms to conduct Investment Risk Management Systems and Process (IRMS&P) Audit of Inv ...