https://www.taxtmi.com/news?id=773 Foreign Direct Investment approvals were granted for twenty-nine proposals across multiple ministries and sectors, amounting to approximately Rs. 616.08 crore. Approvals include induction of foreign equity, conversions of operating companies into operating cum holding companies to permit downstream investments, issuance of convertible instruments, post facto regularisations, and sector specific permissions subject to Press Note constraints. Nineteen proposals were deferred for further scrutiny, one was rejected for impermissible repatriation of original investment, one withdrawn, and one investment was noted ex post facto absent a policy at the time. en-us Wed, 04 Mar 2009 19:05:49 +0530 Wed, 04 Mar 2009 19:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=773 Foreign Direct Investment approvals were granted for twenty-nine proposals across multiple ministries and sectors, amounting to approximately Rs. 616.08 crore. Approvals include induction of foreign equity, conversions of operating companies into operating cum holding companies to permit downstream investments, issuance of convertible instruments, post facto regularisations, and sector specific permissions subject to Press Note constraints. Nineteen proposals were deferred for further scrutiny, one was rejected for impermissible repatriation of original investment, one withdrawn, and one investment was noted ex post facto absent a policy at the time. News - Wed, 04 Mar 2009 19:05:49 +0530 https://www.taxtmi.com/news?id=773