https://www.taxtmi.com/news?id=15130 Government approved sixteen FIPB-recommended Foreign Direct Investment (FDI) proposals totalling approximately Rs. 4,722 crore across sectors including pharmaceuticals, insurance, venture capital funds, construction, IT/ITES, broadcasting and services related to defence. Approvals covered fresh equity subscriptions, rights issue participation, private placements, merger-related share issuances, post-facto regularisation, deletion of prior conditions, LLP set-up permissions and increased foreign shareholding in select companies. The Government also deferred six proposals for further scrutiny and rejected eight others for non-compliance or incompatibility with policy; one proposal was not maintainable before FIPB. en-us Thu, 29 Oct 2015 15:39:13 +0530 Thu, 29 Oct 2015 15:39:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15130 Government approved sixteen FIPB-recommended Foreign Direct Investment (FDI) proposals totalling approximately Rs. 4,722 crore across sectors including pharmaceuticals, insurance, venture capital funds, construction, IT/ITES, broadcasting and services related to defence. Approvals covered fresh equity subscriptions, rights issue participation, private placements, merger-related share issuances, post-facto regularisation, deletion of prior conditions, LLP set-up permissions and increased foreign shareholding in select companies. The Government also deferred six proposals for further scrutiny and rejected eight others for non-compliance or incompatibility with policy; one proposal was not maintainable before FIPB. News - Thu, 29 Oct 2015 15:39:13 +0530 https://www.taxtmi.com/news?id=15130