https://www.taxtmi.com/news?id=1818 Approvals under the Foreign Investment Promotion Board recommendations authorised Foreign Direct Investment into twenty-one proposals across sectors, covering induction or increase of foreign equity, establishment of wholly owned subsidiaries, issuance of shares or warrants, and ex-post-facto regularisation of prior foreign investments. Several approvals record no fresh inward remittances. Separately, seventeen proposals were deferred, nine rejected, and one withdrawn, with outcomes linked to modalities such as share issuance, conversion of liabilities, deferred consideration arrangements and issuance against non-remittance consideration. en-us Tue, 03 May 2011 18:45:27 +0530 Tue, 03 May 2011 18:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1818 Approvals under the Foreign Investment Promotion Board recommendations authorised Foreign Direct Investment into twenty-one proposals across sectors, covering induction or increase of foreign equity, establishment of wholly owned subsidiaries, issuance of shares or warrants, and ex-post-facto regularisation of prior foreign investments. Several approvals record no fresh inward remittances. Separately, seventeen proposals were deferred, nine rejected, and one withdrawn, with outcomes linked to modalities such as share issuance, conversion of liabilities, deferred consideration arrangements and issuance against non-remittance consideration. News - Tue, 03 May 2011 18:45:27 +0530 https://www.taxtmi.com/news?id=1818