Please verify otp which is sent on :
Overseas Direct Investment (ODI) means Direct investment outside India means investments, either under the Automatic Route or the Approval Route, by way of contribution to the capital or subscription to the Memorandum of a foreign entity or by way of purchase of existing shares of a foreign entity either by market purchase or private placement or through stock exchange, signifying a long-term interest in the foreign entity (JV or WOS). The same is to reported to RBI as per prescribed guidelines
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1. Preparation of ODI-Part I
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