https://www.taxtmi.com/news?id=626 Approval authorised the issue of compulsorily convertible preference shares to P5 Asia Holding Investments (Mauritius) Ltd, increasing the permissible foreign investment ceiling in Aditya Birla Telecom Ltd and designating the company as an operating cum holding company permitted to make downstream investments, including a minority acquisition in Indus Towers Ltd and recognition of post facto full ownership of Idea Cellular Towers Infrastructure Ltd, subject to FIPB conditions. en-us Thu, 16 Oct 2008 16:06:56 +0530 Thu, 16 Oct 2008 16:06:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=626 Approval authorised the issue of compulsorily convertible preference shares to P5 Asia Holding Investments (Mauritius) Ltd, increasing the permissible foreign investment ceiling in Aditya Birla Telecom Ltd and designating the company as an operating cum holding company permitted to make downstream investments, including a minority acquisition in Indus Towers Ltd and recognition of post facto full ownership of Idea Cellular Towers Infrastructure Ltd, subject to FIPB conditions. News - Thu, 16 Oct 2008 16:06:56 +0530 https://www.taxtmi.com/news?id=626