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    <title>Government Approves Twelve (12) Proposals of Foreign Direct Investment (FDI) Amounting to Approximately 1827.24 Crore</title>
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    <description>Government dispositions following FIPB recommendations approved twelve FDI proposals across pharma, banking, LLPs and manufacturing with varied transactional mechanisms (equity issuance, share transfer, loan-to-equity conversion, IPOs, company-to-LLP conversion) and conditions; twelve proposals were deferred for further scrutiny across telecom, broadcasting, trading, pharma, aviation and investment vehicles; three proposals were approved under the automatic route; four proposals were rejected, one withdrawn, and one large banking-sector proposal referred to the Cabinet Committee on Economic Affairs for higher-level consideration.</description>
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    <pubDate>Sat, 10 Jan 2015 09:52:16 +0530</pubDate>
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      <link>https://www.taxtmi.com/news?id=13833</link>
      <description>Government dispositions following FIPB recommendations approved twelve FDI proposals across pharma, banking, LLPs and manufacturing with varied transactional mechanisms (equity issuance, share transfer, loan-to-equity conversion, IPOs, company-to-LLP conversion) and conditions; twelve proposals were deferred for further scrutiny across telecom, broadcasting, trading, pharma, aviation and investment vehicles; three proposals were approved under the automatic route; four proposals were rejected, one withdrawn, and one large banking-sector proposal referred to the Cabinet Committee on Economic Affairs for higher-level consideration.</description>
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