He Has Acted Almost Immediately

O
Outlook News Desk
Updated on:
Updated on:
He Has Acted Almost Immediately
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  • Buyback of shares has been permitted.
    •
  • Government approval for inter-corporate investments has been abol ished.
  • Promoters can now acquire five per cent of the company’s equity from the market, up from the previous level of two per cent.
  • A repeat of the old promise made at the CII annual meet. No progress.
  • Both the Companies Bill and FEMA have seen virtually no progress.
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