https://www.taxtmi.com/news?id=17295 Government approved six FDI proposals across pharma, investing company arrangements and telecom, authorising acquisitions, share issuances, implementation of global non compete covenants, and recognition of increased foreign ownership in a telecom subsidiary. Several distinct proposals were deferred pending further scrutiny of large cross border acquisitions, amalgamation schemes and downstream transactions. Three proposals were rejected for seeking post facto regularisation or inappropriate investing company structures, and two proposals were held not to lie before FIPB due to their subject matter. en-us Thu, 19 Jan 2017 18:03:06 +0530 Thu, 19 Jan 2017 18:03:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17295 Government approved six FDI proposals across pharma, investing company arrangements and telecom, authorising acquisitions, share issuances, implementation of global non compete covenants, and recognition of increased foreign ownership in a telecom subsidiary. Several distinct proposals were deferred pending further scrutiny of large cross border acquisitions, amalgamation schemes and downstream transactions. Three proposals were rejected for seeking post facto regularisation or inappropriate investing company structures, and two proposals were held not to lie before FIPB due to their subject matter. News - Thu, 19 Jan 2017 18:03:06 +0530 https://www.taxtmi.com/news?id=17295