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    <title>Government Approves 12 Proposals of Foreign Direct Investment (FDI) Amounting to Rs. 821.63 crore approximately</title>
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    <description>Approval was given to twelve proposals involving inbound equity, establishment of a wholly owned subsidiary for single brand retail, induction of foreign equity into LLPs, acquisition of listed shares, and issuance of partly paid shares, with several approvals noting no fresh foreign inflow. Separately, four proposals were deferred, four rejected for failure to meet approval requirements or sectoral conditions, one withdrawn from the agenda, one withdrawn by applicant, and one kept in abeyance, highlighting issues of post facto approvals, lock in period restrictions, NR to NR transfers, downstream investment rules, and compounding guidance.</description>
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    <pubDate>Tue, 03 Dec 2013 10:03:37 +0530</pubDate>
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