https://www.taxtmi.com/news?id=15471 The Government approved five FDI proposals totaling approximately Rs. 6050.10 crore, including share transfers, incorporation of a Wholly Owned Subsidiary in India for investing and downstream acquisition increasing foreign equity in a pharmaceutical manufacturer, transfer of investor shares to an overseas vehicle in a CIC, and a fresh equity infusion through Qualified Institutional Placement under the FDI route for pharmaceutical expansion; several approvals involve structural changes with nil or nominal immediate foreign inflow. en-us Thu, 14 Jan 2016 12:59:07 +0530 Thu, 14 Jan 2016 12:59:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15471 The Government approved five FDI proposals totaling approximately Rs. 6050.10 crore, including share transfers, incorporation of a Wholly Owned Subsidiary in India for investing and downstream acquisition increasing foreign equity in a pharmaceutical manufacturer, transfer of investor shares to an overseas vehicle in a CIC, and a fresh equity infusion through Qualified Institutional Placement under the FDI route for pharmaceutical expansion; several approvals involve structural changes with nil or nominal immediate foreign inflow. News - Thu, 14 Jan 2016 12:59:07 +0530 https://www.taxtmi.com/news?id=15471