https://www.taxtmi.com/news?id=13364 Government approved twenty-two FDI proposals on FIPB recommendations authorising inbound equity, ECB conversions into equity, issuance of convertible instruments and delisting-driven acquisitions across pharmaceuticals, telecom, IT, aviation, power, NBFC and other sectors. Approvals regularise prior inflows and increase foreign shareholdings up to proposed levels, with specified conditions. Nine proposals were deferred for additional scrutiny, four were rejected for non-compliance with foreign participation norms, and five were advised as not requiring FIPB approval because they fall under automatic routes or outside FIPB remit. en-us Fri, 05 Sep 2014 18:27:00 +0530 Fri, 05 Sep 2014 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13364 Government approved twenty-two FDI proposals on FIPB recommendations authorising inbound equity, ECB conversions into equity, issuance of convertible instruments and delisting-driven acquisitions across pharmaceuticals, telecom, IT, aviation, power, NBFC and other sectors. Approvals regularise prior inflows and increase foreign shareholdings up to proposed levels, with specified conditions. Nine proposals were deferred for additional scrutiny, four were rejected for non-compliance with foreign participation norms, and five were advised as not requiring FIPB approval because they fall under automatic routes or outside FIPB remit. News - Fri, 05 Sep 2014 18:27:00 +0530 https://www.taxtmi.com/news?id=13364