Cabinet approves increase of foreign investment in M/s. Axis Bank Limited

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..... Cabinet approves increase of foreign investment in M/s. Axis Bank Limited - News and Press Release Dated:- 5-7-2016 - News - The Cabinet Committee on Economic Affairs, chaired by the Prime Minister .....

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..... Shri Narendra Modi, has approved increase in foreign investment from the current approved level of 62% to 74% of the total paid up share capital of the Axis Bank on a fully fungible basis. The foreign .....

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..... investment will be by way of Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) / Non-Resident Indians (NRIs), Foreign Director Investment covering ADRs / GDRs and Indirect F .....

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..... oreign Investment. With the approval, foreign direct investment to the tune of ₹ 12,973.14 crore will be received in the country with an estimated creation of 6000 to 7000 jobs over the next .....

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..... three years. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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