Two FDI Proposals Amounting to RS. 89.33 Crore Approved by the Government

Two FDI Proposals Amounting to RS. 89.33 Crore Approved by the Government https://www.taxtmi.com/news?id=11103 Foreign direct investment approvals: the Central Government approved two FDI proposals totaling Rs. 89.33 crore-additional foreign equity in a pharmaceutical company (M/s Sunij Pharma Pvt. Ltd., 0.46 crore) and acquisition of shares of an Indian stock exchange by a Mauritius investor (M/s WCP Holdings III, 88.87 crore). One large proposal (M/s Yes Bank Limited) was recommended to the Cabinet Committee on Economic Affairs for consideration; two proposals were deferred for clarification; one was advised as not requiring FIPB approval. en-us Mon, 29 Apr 2013 18:18:14 +0530 Tue, 30 Apr 2013 08:58:00 +0530 TaxTMI RSS Generator Two FDI Proposals Amounting to RS. 89.33 Crore Approved by the Government https://www.taxtmi.com/news?id=11103 Foreign direct investment approvals: the Central Government approved two FDI proposals totaling Rs. 89.33 crore-additional foreign equity in a pharmaceutical company (M/s Sunij Pharma Pvt. Ltd., 0.46 crore) and acquisition of shares of an Indian stock exchange by a Mauritius investor (M/s WCP Holdings III, 88.87 crore). One large proposal (M/s Yes Bank Limited) was recommended to the Cabinet Committee on Economic Affairs for consideration; two proposals were deferred for clarification; one was advised as not requiring FIPB approval. News - Mon, 29 Apr 2013 18:18:14 +0530 https://www.taxtmi.com/news?id=11103