FDI proposals totalling Rs 6,500 crore gets cleared by FIPB
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Thirteen The board cleared the proposal of ATC Asia Pacific Pte to acquire majority stake in Viom Networks involving Rs 5,900 crore.
The FIPB had 26 FDI proposals on its agenda today.
The inter-ministerial panel FIPB, chaired by Economic Affairs Secretary Shaktikanta Das, can vet foreign direct investment proposals up to Rs 5,000 crore.
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(Image credits: indiatimes)
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