Four FDI Proposals Amounting to Rs. 1286.75 Crore Approved by FIPB

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..... Four FDI Proposals Amounting to Rs. 1286.75 Crore Approved by FIPB
News and Press Release
Dated:- 16-1-2013

Press Information Bureau Government of India Ministry of Finance 15-January-2013 18:06 IST Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on December 31, 2012, the Central Government has approved four (04) proposals of Foreign .....

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..... Direct Investment (FDI) amounting to Rs. 1286.75 crore approximately. The following four (04) proposals have been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRI inflows (Rs. In crore) INDUSTRIAL POLICY & PROMOTION 1 M/s Pran Beverages (India) Pvt. Ltd., Kolkata Change in foreign collaborator and increase in foreign equity participation to carry out the busine .....

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..... ss of manufacture of fruits/vegetables juices and their concentrates, squashes and powders, and manufacture of Beverages n.e.c. 30.25 PHARMACEUTICALS 2 M/s Hospira Inc., USA, M/s Hospira Pte Ltd., Singapore, and M/s Hospira Healthcare India Pvt. Ltd. Induction of foreign equity into Indian company which will acquire manufacturing facilities in the pharmaceuticals sector. 1194.75 3 M/s Perr .....

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..... igo API India Pvt. Ltd., Mumbai Induction of foreign equity to carry out the business of manufacture of pharmaceutical ingredients. 55.00 TELECOMMUNICATIONS 4 M/s InterCall Asia Pacific Holdings Pvt. Ltd., Singapore To set up a WOS to undertake the business of providing audio, video and web conferencing services for business, commercial, banking and other establishments. 6.75 2. The follow .....

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..... ing two (02) proposals have been deferred: Sl.No Name of the applicant Particulars of the proposal 1 M/s Alliance Insurance Brokers Private Limited, Mumbai Induction of foreign equity by way of issue and transfer of equity shares to carry out the business of insurance broking. 2 M/s Aon Holdings B.V., Netherlands Post facto approval for induction of foreign equity to carry out the busines .....

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..... s of Insurance broking, and risk advisory services. 3. The following one (01) proposal has been withdrawn from the Agenda: Sl. No Name of the applicant 1 M/s Ingka Holding Overseas B.V. * * * * * DSM/RS/ka
News - Press release - PIB .....

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