In the previous meeting, FIPB had given its approval to four foreign investment proposals entailing an investment of over Rs2,000 crore. New Delhi: Inter-ministerial body FIPB will this week take up 19 foreign investment proposals, including those of Dr Reddy’s Laboratories and JC Decaux Advertising. The Foreign Investment Promotion Board, headed by economic affairs secretary Shaktikanta Das, is scheduled to meet on 27 October. In the previous meeting, FIPB had given its approval to four foreign investment proposals entailing an investment of over Rs2,000 crore. In the last meeting, FIPB had also deferred decision on three proposals, including that of Idea Cellular Infrastructure Services.

Source: Mint October 23, 2016 08:03 UTC