ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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FOREIGN COMPANIES-Aftermath of FERA

MRD, especially if PPP is able to arrive at an amicable understanding with the other smaller, but nonetheless important constituents. This is a crucial fact determining the nature of the combinations being sought to be established by the other BUSINESS FOREIGN COMPANIES Aftermath of FERA THE financial data for 208 selected foreign controlled rupee companies (FCRCs) for the period 1982-83 to 1984-85, given in the June 1988 issue of the RBI Bulletin, together with similar data for earlier years (RBI Bulletin, August 1984) can provide a few clues about the economic impact of the implementation of the FERA guidelines of 1976. It was expected that dividends remitted abroad as a percentage of total dividends paid by FCRCs would decline significantly with the dilution of foreign equity. Data for the period 1975-76 to 1984-85 are given below:

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