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Investor Interest
FIPB defers decision on UB's proposal to raise Rs7.08 billion

30 July 2009 To bookmark you need to sign in  0
The Foreign Investment Promotion Board (FIPB) has once again deferred its decision on UB Group's proposal to raise Rs7.08 billion through convertible warrants. This is also because the department of revenue (DoR) has not supported it and the department of industrial policy and promotion (DIPP) is still examining it, reports PTI.

According to highly placed sources, while DoR has not...
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