| For instance, Mitsubishi Chemicals made a representation to the body pointing the lack of a full-fledged office at Haldia port.The demand was immediately met. |
| Soft drink major Coca-Cola raised concerns over sales tax incentives lapsing after the introduction of VAT and the discriminatory labelling of soft drink products sought to be imposed by a Rajasthan High Court judgment. |
| Coca Cola's proposal to increase its stake in its Indian arm beyond 51 per cent was cleared by the Foreign Investment Promotion Board. |
| In all, the commission successfully managed to resolve or address 11 proposals including the above and companies like Nokia and Nicholas Piramal. In the case of the latter, an investigation by the Narcotics Control Bureau was dropped after the commission intervened. Nokia's special economic zone was also notified after the commission's intervention. |
| Some of the other investment proposals which are being backed by the commission, but are yet to be approved include Wal-Mart and Tesco's proposal of over $200 million in retail, Citigroup Barclays and Royal Bank of Nova Scotia's proposal for $2-3 billion equity in Indian private sector banks which requires changes in the FDI policy pertaining to banks. |
| There were some investments that did not come through despite the commission's intervention. Global port operator P&O said the tariff authority for major ports should not fix the price ceiling and also raised some other issues. The matter did not get resolved. |
| Reliance Energy's 10,000- Mw Hirma power project in Orissa, estimated to be a $12-billion investment, has not met with too much progress despite the commission's intervention. |
| The key issue here is that the Orissa government's draft power policy proposes imposts, especially on the export of power. |
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