The Foreign Educational Institution Bill, 2010

Government approved a bill to allow foreign education providers set up campuses in India and offer degrees. This paves way for its introduction in Parliament. The bill seeks to regulate the entry and operation of foreign institutions, which will set up centre and offer degrees in India. The proposed law would facilitate the globally- renowned institutes to participate in India’s higher education sector.

Extract from economic times dated 16/03/2010.

Foreign Direct Investment (FDI)

It appears from reading of Master circular , Even housing development companies can invite FDI for their projects, provided it meets the requirement of guideline and as also of press note issued in 2005.

Transfer price in India

There are limited sources of data base in India to find comparable and that to need to be comprehensive.
There can be an alternate if, Institute of chartered accountants of India (being a accounting body) can take a lead in providing reliable source of data base to be used for Members. They can invite financials from their members and maintain a database. That Database maintained by ICAI would be reliable and for easy access by members.