https://www.taxtmi.com/news?id=1896 The Central Government approved 16 FDI proposals totalling approximately Rs. 923.55 crore across diverse sectors, including ex post facto approvals and issuances of warrants, preference shares or equity for activities ranging from food processing and broadcasting to road transport, petroleum and defence. Fourteen proposals were deferred for further scrutiny due to sectoral or structural issues; seven proposals were rejected for reasons including contested share swaps and conversions; four proposals were withdrawn; and one large proposal was recommended to the Cabinet Committee on Economic Affairs because the investment exceeded the delegated threshold. en-us Tue, 07 Jun 2011 17:52:40 +0530 Wed, 08 Jun 2011 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1896 The Central Government approved 16 FDI proposals totalling approximately Rs. 923.55 crore across diverse sectors, including ex post facto approvals and issuances of warrants, preference shares or equity for activities ranging from food processing and broadcasting to road transport, petroleum and defence. Fourteen proposals were deferred for further scrutiny due to sectoral or structural issues; seven proposals were rejected for reasons including contested share swaps and conversions; four proposals were withdrawn; and one large proposal was recommended to the Cabinet Committee on Economic Affairs because the investment exceeded the delegated threshold. News - Tue, 07 Jun 2011 17:52:40 +0530 https://www.taxtmi.com/news?id=1896