9911796707
TMI Blog13 FDI Proposals ClearedX X X X Extracts X X X X X X X X Extracts X X X X ..... 13 FDI Proposals Cleared X X X X Extracts X X X X X X X X Extracts X X X X ..... dustrial Policy & Promotion, Information & Broadcasting, Urban Development, Tourism and Economic Affairs. Details of proposals approved are as follows: Sl. No. Name of the applicant Particulars of the proposal FDI/NRI inflows (Rs. In crore) COMMERCE 1 M/s. Socomec SA, France Induction of foreign equity up to 100% in Indian Company to make it as its 100% WOS and to change the activities f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom retail trading to wholesale cash and carry trading. Proposal attracts Press Note 1 of 2005. Nil 2 M/s Arcelor Mittal India Ltd., Ranchi Conversion of operating company into an operating cum holding company for making further downstream investment. 0.41 ECONOMIC AFFAIRS 3 M/s Deutsche Bank Aktiengesellschaft Acquisition of up to 5% equity shares of the Delhi Stock Exchange. Proposal at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tracts Press Note 1 of 2005. 13.47 HEALTH 4 M/s Apollo Health Street Ltd., Hyderabad Induction of foreign equity by issuing IPO and Pre-IPO placement of equity shares or compulsorily convertible preference shares. 60.69 POWER 5 M/s Indiabulls Power Generation Ltd., Mumbai Conversion of operating company into an operating cum holding company for making further downstream investment. 0.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 ROAD TRANSPORT & HIGHWAYS 6 M/s Gayatri Infra Ventures Ltd., Hyderabad Induction of foreign equity up to 49% for making further downstream investment. 200.00 INFORMATION & BROADCASTING 7 M/s Dish TV Issue of right issue of its partly-paid up equity shares. Nil FOOD PROCESSING 8 M/s Demerara Distilleries Conversion of operating company into an operating cum holding company for makin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g further downstream investment. Nil ECONOMIC AFFAIRS 9 M/s Peak Database Solutions Pvt. Ltd., Mumbai Issue of shares in lieu of capitalization of pre-incorporation/preliminary expenses Nil 10 M/s Peak Database Solutions Pvt. Ltd., Mumbai Issue of shares in lieu of capitalization of pre-incorporation/preliminary expenses Nil 11 M/s DLF Limitless Developers Pvt. Ltd., New Delhi Issue o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f shares in lieu of pre-incorporation expenses Nil 12 M/s Golboot Holdings Ltd., Cyprus Induction of foreign equity by way of subscribing to unsecured fully and compulsorily convertible debentures. Proposal attracts Press Note 1 (2005 series) 700.00 13 M/s India Rizing Fund, Mumbai To accept contribution from overseas investors and to issue units against the money received for making inves ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tment in Defence SME sector as per FDI Policy. 550.00 Total Rs.1524.70 The following 3 (three) proposals have been deferred: Sl.No Name of the applicant Particulars of the proposal 1 M/s Top Security Ltd., Mumbai Downstream Investment in its 10 Subsidiaries and Preferential allotment of equity shares. 2 M/s RISH PTE Ltd., Cock Islands Post-facto approval for the FDI already brought ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in under automatic route, which otherwise requires FIPB approval.
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M/s RISH PTE Ltd., Cock Islands
Post-facto approval for the FDI already brought in under automatic route, which otherwise requires FIPB approval. X X X X Extracts X X X X X X X X Extracts X X X X
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