Indian minister: discussing Apple's request for FDI rules waiver
By Manoj Kumar NEW DELHI (Reuters) - The Indian government on Monday said it was discussing Apple Inc's foreign direct investment application that seeks a waiver from a local sourcing rule. Nirmala Sitharaman, commerce and industry minister in the federal cabinet, told reporters her ministry would discuss the issue with the finance ministry. The finance ministry's foreign investment promotion board (FIPB), which clears foreign direct investment applications, has asked the iPhone maker to sell at
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