News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Business
Centre clears 18 FDI proposals
NEW DELHI: The Central Government on Friday cleared 18 foreign direct investment (FDI) proposals worth Rs. 1,553.26 crore. This includes Essar Capital’s plans to acquire the status of holding company to make investment in downstream finance and non-banking financial sector and induction of equity shares by Essar Global for Rs. 560 crore. The proposals also include Bharat Connect’s plan to change the status of an operating company into an operating-cum-holding company to make downstream investment in NBFC companies for Rs. 250 crore.
Redington India’s proposal for induction of foreign equity by a holding company in a company by way of acquisition of shares for Rs. 195 crore was also approved by the Government.
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Updates:
Breaking News |
|
