{"id":2344,"date":"2016-06-12T10:44:18","date_gmt":"2016-06-12T10:44:18","guid":{"rendered":"https:\/\/sunkrish.com\/?p=2344"},"modified":"2017-03-08T06:47:10","modified_gmt":"2017-03-08T06:47:10","slug":"fipb-clears-fdi-proposals-worth-rs-710-crore","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/06\/12\/fipb-clears-fdi-proposals-worth-rs-710-crore\/","title":{"rendered":"FIPB clears FDI proposals worth Rs 710 crore"},"content":{"rendered":"<figure id=\"attachment_3365\" class=\"thumbnail wp-caption alignleft\" style=\"width: 300px\"><a href=\"https:\/\/sunkrish.com\/index.php\/2016\/07\/31\/fdi-inflows-rise-7-to-10-55-bn-in-q1\/fdi-4\/\" rel=\"attachment wp-att-3365\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3365\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/FDI-300x150.jpg\" alt=\"\" width=\"300\" height=\"150\" srcset=\"https:\/\/sunkrish.com\/wp-content\/uploads\/FDI-300x150.jpg 300w, https:\/\/sunkrish.com\/wp-content\/uploads\/FDI-150x75.jpg 150w, https:\/\/sunkrish.com\/wp-content\/uploads\/FDI.jpg 318w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption class=\"caption wp-caption-text\">The proposals approved included Advanced Enzyme Technologies&#8217; foreign investment worth Rs 480 crore, a Finance Ministry official said.<\/figcaption><\/figure>\n<p>Foreign Investment Promotion Board (FIPB) today approved four FDI proposals entailing overseas investment of about Rs 710 crore.<\/p>\n<p>The proposals approved included Advanced Enzyme Technologies&#8217; foreign investment worth Rs 480 crore, a Finance Ministry official said.<\/p>\n<p>The Board also cleared proposals of Corona Remedies, Macmillan Publishers International and Ordain Health Care Global.<\/p>\n<p>The FIPB, headed by Economic Affairs Secretary Shaktikanta Das, today considered 14 investment proposals.<\/p>\n<p>Three proposals, which were rejected included that of Flag Telecom Singapore Pte Ltd and Star Den Media Services Pvt Ltd.<\/p>\n<p>Also, eight proposals, including that of IBM India Ltd, were deferred.<\/p>\n<p>FIPB can clear FDI proposals envisaging investment of up to Rs 5,000 crore and those involving higher investment are approved by the Cabinet Committee on Economic Affairs (CCEA).<\/p>\n<p>FDI in most sectors are allowed through an automatic route but in certain sectors proposals have to go through the FIPB.<\/p>\n<p>Source: <a href=\"http:\/\/economictimes.indiatimes.com\/articleshow\/52690601.cms\" target=\"_blank\">http:\/\/economictimes.indiatimes.com\/articleshow\/52690601.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign Investment Promotion Board (FIPB) today approved four FDI proposals entailing overseas investment of about Rs 710 crore. The proposals approved included Advanced Enzyme Technologies&#8217; foreign investment worth Rs 480 crore, a Finance Ministry official said. The Board also cleared &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2016\/06\/12\/fipb-clears-fdi-proposals-worth-rs-710-crore\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":4118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,497,493,5],"tags":[332,298,305,304,829,340,294],"class_list":["post-2344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-cross-border-transactions-mas-joint-ventures","category-economy-business-updates-corporate-affairs","category-india-international-corporate-updates","tag-capital","tag-ease-of-doing-business","tag-economy","tag-foreign-direct-investment","tag-foreign-investment-promotion-board-fipb","tag-global","tag-investment"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=2344"}],"version-history":[{"count":4,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2344\/revisions"}],"predecessor-version":[{"id":4155,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2344\/revisions\/4155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/4118"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=2344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=2344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=2344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}