https://www.taxtmi.com/news?id=11818 Central Government actions on foreign direct investment proposals approved three applications including post facto approval for a wholly owned foreign subsidiary, approval for a foreign owned asset management company to act as investment manager to AIFs and meet SEBI(AIF) contribution requirements, and approval for increased non resident shareholding via resident to non resident share transfer; two proposals were deferred (NR to NR promoter share transfer and capitalisation of collaborator payments for land lease) and one merger proposal was withdrawn by the applicant. en-us Tue, 08 Oct 2013 16:20:20 +0530 Tue, 08 Oct 2013 16:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11818 Central Government actions on foreign direct investment proposals approved three applications including post facto approval for a wholly owned foreign subsidiary, approval for a foreign owned asset management company to act as investment manager to AIFs and meet SEBI(AIF) contribution requirements, and approval for increased non resident shareholding via resident to non resident share transfer; two proposals were deferred (NR to NR promoter share transfer and capitalisation of collaborator payments for land lease) and one merger proposal was withdrawn by the applicant. News - Tue, 08 Oct 2013 16:20:20 +0530 https://www.taxtmi.com/news?id=11818