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    <title>16 FOREIGN DIRECT INVESTMENT PROPOSALS APPROVED</title>
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    <description>Approval of 16 foreign direct investment proposals across multiple ministries is announced, covering equity inductions, joint ventures, wholly owned subsidiaries, downstream and holding company investments, and share transfers; aggregate reported inflow is Rs. 647.47 crore. Ten additional proposals are recommended for deferral, involving holding company formations, share swaps, removal of trading prohibitions, FDI into telecom-related holding structures, FCCB issuances, and conversions to operating cum holding companies. Two proposals were withdrawn concerning transfers from an erstwhile OCB to non residents, and one proposal was advised to proceed under the automatic route.</description>
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    <pubDate>Tue, 04 Dec 2007 16:51:00 +0530</pubDate>
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      <title>16 FOREIGN DIRECT INVESTMENT PROPOSALS APPROVED</title>
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