Government says 78 foreign companies registered in India last fiscal year

"Foreign Company is defined under Section 2 (42) of the Companies Act, 2013 (the Act) as any company or body corporate incorporated outside India which (a) has a place of business in India by itself or through an agent, physically or thorough electronic mode and (b) conducts any business activity in India in any other manner," the minister said.

from Economy-News-Economic Times https://ift.tt/3rALW2v