https://www.taxtmi.com/news?id=15491 Approval was granted for M/s Firefly Networks Ltd to regularise 50% indirect foreign investment and commence as a Telecom Infrastructure Provider Category I. The proposal of M/s HDFC Standard Life Insurance Co. Ltd was recommended to the Cabinet Committee on Economic Affairs for approval of a shareholding transfer raising foreign shareholding from 26% to 35%, involving an identified FDI infusion. Four proposals were deferred, one proposal rejected, one found not to lie before FIPB, and one withdrawn. en-us Tue, 19 Jan 2016 16:15:29 +0530 Tue, 19 Jan 2016 16:15:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15491 Approval was granted for M/s Firefly Networks Ltd to regularise 50% indirect foreign investment and commence as a Telecom Infrastructure Provider Category I. The proposal of M/s HDFC Standard Life Insurance Co. Ltd was recommended to the Cabinet Committee on Economic Affairs for approval of a shareholding transfer raising foreign shareholding from 26% to 35%, involving an identified FDI infusion. Four proposals were deferred, one proposal rejected, one found not to lie before FIPB, and one withdrawn. News - Tue, 19 Jan 2016 16:15:29 +0530 https://www.taxtmi.com/news?id=15491