India amends Foreign Exchange Management Rules to simplify cross-border share swaps

India has updated its Foreign Exchange Management Act (FEMA) rules to streamline cross-border share swaps, making it easier for companies to engage in international mergers and acquisitions (M&A). The new regulations aim to simplify procedures, reduce compliance burdens, and encourage foreign investment. These changes are part of broader efforts to make India a more attractive destination for global capital by aligning its regulatory framework with international best practices.