https://www.taxtmi.com/news?id=11893 Government approved thirteen FDI proposals totaling about Rs. 1258.53 crore, authorising foreign equity induction, share transfers, warrants issuance and overseas restructuring across sectors including defence, pharma, microfinance, payments and media. One large banking proposal increasing foreign equity was referred to the Cabinet Committee on Economic Affairs. Additionally, eight proposals were deferred, two rejected, one advised for the automatic route, one found not to require FIPB approval, one outside FIPB's purview, and five were kept in abeyance pending regulatory or structural clarifications. en-us Tue, 29 Oct 2013 14:15:13 +0530 Tue, 29 Oct 2013 14:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11893 Government approved thirteen FDI proposals totaling about Rs. 1258.53 crore, authorising foreign equity induction, share transfers, warrants issuance and overseas restructuring across sectors including defence, pharma, microfinance, payments and media. One large banking proposal increasing foreign equity was referred to the Cabinet Committee on Economic Affairs. Additionally, eight proposals were deferred, two rejected, one advised for the automatic route, one found not to require FIPB approval, one outside FIPB's purview, and five were kept in abeyance pending regulatory or structural clarifications. News - Tue, 29 Oct 2013 14:15:13 +0530 https://www.taxtmi.com/news?id=11893