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Companies Bill Sends Positive Signals To FIIs: Venugopal Dhoot

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August 8: With India needing to attract fund flows, how will the Companies Bill, 2012, passed by the Rajya Sabha today, affect foreign investor sentiment? Videocon CMD Venugopal Dhoot says, “There will be more transparency, which will ensure better reporting. This will attract flows from both foreign and domestic investors.” The bill signals the government is moving quickly to attract foreign investment, he adds.