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    <title>Government Approves Three (3) Proposals of Foreign Direct Investment (FDI)</title>
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    <description>Government approvals and administrative classifications by FIPB record three FDI proposals approved, seven deferred pending further scrutiny, and two proposals not lying before the Board because they fall under the automatic route or otherwise do not require FIPB consideration. Approved items cover additional manufacturing and distribution activities and share transfers; deferred items range from succession-related share transfers and object changes in a publishing company to downstream investments, proposed mutual-fund distribution activities, divestment and repatriation of proceeds, and complex financial-sector acquisitions. A tabled insurance-broking acquisition was recommended for increased FDI after amendment of transactional documents.</description>
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    <pubDate>Wed, 21 Sep 2016 18:37:11 +0530</pubDate>
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      <title>Government Approves Three (3) Proposals of Foreign Direct Investment (FDI)</title>
      <link>https://www.taxtmi.com/news?id=16642</link>
      <description>Government approvals and administrative classifications by FIPB record three FDI proposals approved, seven deferred pending further scrutiny, and two proposals not lying before the Board because they fall under the automatic route or otherwise do not require FIPB consideration. Approved items cover additional manufacturing and distribution activities and share transfers; deferred items range from succession-related share transfers and object changes in a publishing company to downstream investments, proposed mutual-fund distribution activities, divestment and repatriation of proceeds, and complex financial-sector acquisitions. A tabled insurance-broking acquisition was recommended for increased FDI after amendment of transactional documents.</description>
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      <pubDate>Wed, 21 Sep 2016 18:37:11 +0530</pubDate>
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