https://www.taxtmi.com/news?id=11336 Government action on foreign investment applications: the Foreign Investment Promotion Board recommended approval of eight FDI proposals across sectors-White Label ATMs, downstream commodity broking, additional WLA activity, increased foreign equity infusion, an LLP for software services, duty free operations, a wholly foreign-owned manufacturing entrant, and a telecom joint venture-aggregating approximately Rs.1311.54 crore; ten proposals were deferred, six rejected, two advised to use the automatic route, one withdrawn, one advised to apply for approval, one partially rejected/automatic-route, and one decision pending. en-us Wed, 03 Jul 2013 16:43:54 +0530 Wed, 03 Jul 2013 16:43:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11336 Government action on foreign investment applications: the Foreign Investment Promotion Board recommended approval of eight FDI proposals across sectors-White Label ATMs, downstream commodity broking, additional WLA activity, increased foreign equity infusion, an LLP for software services, duty free operations, a wholly foreign-owned manufacturing entrant, and a telecom joint venture-aggregating approximately Rs.1311.54 crore; ten proposals were deferred, six rejected, two advised to use the automatic route, one withdrawn, one advised to apply for approval, one partially rejected/automatic-route, and one decision pending. News - Wed, 03 Jul 2013 16:43:54 +0530 https://www.taxtmi.com/news?id=11336