https://www.taxtmi.com/news?id=2506 Approval was granted for a proposal involving foreign direct investment into an Indian engineering company to finance downstream investment by the promoter group into electricity transmission and distribution activities, and to permit transfer of the entire equity from resident nominee shareholders of the existing foreign parent to a foreign finance affiliate and other foreign collaborators and nominees. en-us Thu, 08 Dec 2011 09:48:31 +0530 Thu, 08 Dec 2011 09:48:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2506 Approval was granted for a proposal involving foreign direct investment into an Indian engineering company to finance downstream investment by the promoter group into electricity transmission and distribution activities, and to permit transfer of the entire equity from resident nominee shareholders of the existing foreign parent to a foreign finance affiliate and other foreign collaborators and nominees. News - Thu, 08 Dec 2011 09:48:31 +0530 https://www.taxtmi.com/news?id=2506