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Aug 24, 2016
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FIPB clears seven FDI proposals worth Rs 290 crore
Foreign Investment Promotion Board (FIPB) has cleared seven FDI proposals worth Rs 290 crore, while it deferred decision on other seven applications including that of a wholly-owned subsidiary of Idea. Tikona Digital Networks' Rs 267-crore proposal to increase foreign equity to 76.73 per cent through issuance of CCDs was approved by the government.
Source -
http://economictimes.indiatimes.com
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