Earlier,the FIPB had power to approve foreign investments of up to Rs 6 billion.
Written by Reuters
New Delhi |
1 min read
Whatsapp
Twitter
Facebook
Reddit
Foreign Investment promotion Board FIPB can approve investments of up to Rs 12 billion 259 million,Home Minister P. Chidambaram said on Thursday after a cabinet meeting.
Earlier,the FIPB,an arm of the finance ministry,had power to approve foreign investments of up to Rs 6 billion.
You’ve Read Your Free Stories For Now
Sign up and keep reading more stories that matter to you.
