https://www.taxtmi.com/news?id=1451 Nineteen foreign investment proposals were approved by the Foreign Investment Promotion Board permitting induction of non-resident equity, issuance of warrants and establishment of wholly owned subsidiaries across multiple sectors, with sector specific conditions noted. Sixteen proposals were deferred pending further scrutiny of foreign equity increases, WOS formations, ex post approvals and participation in sensitive sectors where policy restrictions or factual disputes apply. Two proposals were rejected and one withdrawn under applicability of Consolidated FDI Policy provisions. en-us Thu, 13 Jan 2011 23:46:52 +0530 Thu, 13 Jan 2011 23:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1451 Nineteen foreign investment proposals were approved by the Foreign Investment Promotion Board permitting induction of non-resident equity, issuance of warrants and establishment of wholly owned subsidiaries across multiple sectors, with sector specific conditions noted. Sixteen proposals were deferred pending further scrutiny of foreign equity increases, WOS formations, ex post approvals and participation in sensitive sectors where policy restrictions or factual disputes apply. Two proposals were rejected and one withdrawn under applicability of Consolidated FDI Policy provisions. News - Thu, 13 Jan 2011 23:46:52 +0530 https://www.taxtmi.com/news?id=1451