https://www.taxtmi.com/news?id=15191 The Government approved six FDI proposals totalling approximately Rs. 1810.25 crore on FIPB recommendations, encompassing post-facto regularisations, equity issuances to settle dues, sponsor contribution confirmation for an AIF Category III vehicle, a share-swap acquisition in the pharmaceutical sector, and an increase of foreign equity in an NBFC via issuance to foreign institutional investors. One proposal from an NBFC seeking permission for investment into government securities and liquid funds was rejected. Approved proposals span manufacturing, NBFC, AIF and pharma sectors. en-us Wed, 18 Nov 2015 14:56:40 +0530 Wed, 18 Nov 2015 14:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15191 The Government approved six FDI proposals totalling approximately Rs. 1810.25 crore on FIPB recommendations, encompassing post-facto regularisations, equity issuances to settle dues, sponsor contribution confirmation for an AIF Category III vehicle, a share-swap acquisition in the pharmaceutical sector, and an increase of foreign equity in an NBFC via issuance to foreign institutional investors. One proposal from an NBFC seeking permission for investment into government securities and liquid funds was rejected. Approved proposals span manufacturing, NBFC, AIF and pharma sectors. News - Wed, 18 Nov 2015 14:56:40 +0530 https://www.taxtmi.com/news?id=15191