https://www.taxtmi.com/news?id=14775 Seven FDI proposals amounting to approximately Rs. 981.15 crore were approved, covering downstream investment in pharma, redemption of preference shares after lock in, repatriation under the consolidated FDI policy, an increase in permissible foreign portfolio holding under the Portfolio Investment Scheme for a telecom broadcaster, approval for up to 100% foreign equity in a newly incorporated telecom services company via fresh issue and transfers, conversion of an operating/investing company into a holding/investing company, and an increase in aggregate foreign investment in a bank consequent to a merger. en-us Wed, 29 Jul 2015 17:31:26 +0530 Wed, 29 Jul 2015 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14775 Seven FDI proposals amounting to approximately Rs. 981.15 crore were approved, covering downstream investment in pharma, redemption of preference shares after lock in, repatriation under the consolidated FDI policy, an increase in permissible foreign portfolio holding under the Portfolio Investment Scheme for a telecom broadcaster, approval for up to 100% foreign equity in a newly incorporated telecom services company via fresh issue and transfers, conversion of an operating/investing company into a holding/investing company, and an increase in aggregate foreign investment in a bank consequent to a merger. News - Wed, 29 Jul 2015 17:31:26 +0530 https://www.taxtmi.com/news?id=14775