https://www.taxtmi.com/news?id=15943 The Government approved fifteen FDI proposals totalling approximately 7261.6 crore and recommended one major proposal to the Cabinet Committee on Economic Affairs under the FDI Policy. Approved transactions cover equity subscriptions, share transfers and increases in foreign shareholding across insurance, pharma, defence, manufacturing, IT/ITES and asset reconstruction, including post-facto regularisations and requests to remove compounding conditions. Separately, eight proposals were deferred, ten were rejected for non-compliance or incomplete conditions, and one application was withdrawn. en-us Mon, 21 Mar 2016 15:56:16 +0530 Mon, 21 Mar 2016 15:56:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15943 The Government approved fifteen FDI proposals totalling approximately 7261.6 crore and recommended one major proposal to the Cabinet Committee on Economic Affairs under the FDI Policy. Approved transactions cover equity subscriptions, share transfers and increases in foreign shareholding across insurance, pharma, defence, manufacturing, IT/ITES and asset reconstruction, including post-facto regularisations and requests to remove compounding conditions. Separately, eight proposals were deferred, ten were rejected for non-compliance or incomplete conditions, and one application was withdrawn. News - Mon, 21 Mar 2016 15:56:16 +0530 https://www.taxtmi.com/news?id=15943