https://www.taxtmi.com/news?id=165 Approval of 14 Foreign Direct Investment proposals across multiple sectors was granted, covering induction of foreign equity, formation of wholly owned subsidiaries, conversions to operating cum holding companies for downstream investments, and share swaps; major investments were in new & renewable energy, telecommunications and economic affairs, with aggregate inflows set out. Six proposals were recommended for deferment and one applicant was advised to first seek Reserve Bank of India clearance for post facto conversion to an operating cum holding company. en-us Fri, 19 Oct 2007 14:48:00 +0530 Thu, 26 Jun 2008 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=165 Approval of 14 Foreign Direct Investment proposals across multiple sectors was granted, covering induction of foreign equity, formation of wholly owned subsidiaries, conversions to operating cum holding companies for downstream investments, and share swaps; major investments were in new & renewable energy, telecommunications and economic affairs, with aggregate inflows set out. Six proposals were recommended for deferment and one applicant was advised to first seek Reserve Bank of India clearance for post facto conversion to an operating cum holding company. News - Fri, 19 Oct 2007 14:48:00 +0530 https://www.taxtmi.com/news?id=165