https://www.taxtmi.com/news?id=273 The authority cleared thirty four foreign direct investment proposals across multiple ministries authorising induction of foreign equity, formation of joint ventures or wholly owned subsidiaries, issuance of convertible instruments, and conversion of operating companies into operating cum holding companies to enable downstream investments; approvals include fresh inflows, post facto regularisations, share swaps, offshore fund contributions and permitted use of FCCBs, while certain proposals were deferred, one was referred for higher level consideration and three were rejected. en-us Thu, 31 Jan 2008 10:26:00 +0530 Tue, 24 Jun 2008 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=273 The authority cleared thirty four foreign direct investment proposals across multiple ministries authorising induction of foreign equity, formation of joint ventures or wholly owned subsidiaries, issuance of convertible instruments, and conversion of operating companies into operating cum holding companies to enable downstream investments; approvals include fresh inflows, post facto regularisations, share swaps, offshore fund contributions and permitted use of FCCBs, while certain proposals were deferred, one was referred for higher level consideration and three were rejected. News - Thu, 31 Jan 2008 10:26:00 +0530 https://www.taxtmi.com/news?id=273