https://www.taxtmi.com/news?id=613 The Finance Minister approved sixteen FDI proposals across multiple sectors on FIPB recommendations, covering post-facto regularisations, establishment of wholly owned subsidiaries, issuance and conversion of warrants and convertible instruments, and conversion of operating companies into operating-cum-holding companies to enable downstream investment; the release specifies which transactions involved fresh foreign inflow and which did not, notes applicability of Press Notes to certain proposals, and records seven deferred proposals, one rejection, two advised for the automatic route, and one proposal sent to CCEA due to investment size. en-us Wed, 08 Oct 2008 18:11:46 +0530 Wed, 08 Oct 2008 18:11:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=613 The Finance Minister approved sixteen FDI proposals across multiple sectors on FIPB recommendations, covering post-facto regularisations, establishment of wholly owned subsidiaries, issuance and conversion of warrants and convertible instruments, and conversion of operating companies into operating-cum-holding companies to enable downstream investment; the release specifies which transactions involved fresh foreign inflow and which did not, notes applicability of Press Notes to certain proposals, and records seven deferred proposals, one rejection, two advised for the automatic route, and one proposal sent to CCEA due to investment size. News - Wed, 08 Oct 2008 18:11:46 +0530 https://www.taxtmi.com/news?id=613