Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Government Approves Sixteen (16) Proposals of Foreign Direct Investment (FDI) Amounting to ₹ 4722 Crore Approximately

Dated:- 29-10-2015 - Based on the recommendations of Foreign Investment Promotion Board in its meeting held on 29th September 2015, the Government has approved 16 (sixteen) proposals of Foreign Direct Investment amounting to ₹ 4,722 crore. The following 16 (Sixteen) proposals have been approved: Sl. No. Item No. Name of the applicant Gist of the proposal Sector FDI 1 1 M/s Sun Pharma Research Advanced Company Limited Approval sought to offer, issue and allot equity shares to FIIs, FPIs, NR .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Life Sciences Pvt. Ltd. Approval to accept investment by M/s India Life Sciences Fund II LLC by subscribing to 428,725 equity shares of ₹ 10 each at a premium of ₹ 923 per share under private placement, constituting 30% of the share capital on a fully diluted basis. Pharma ₹ 40 crore 4 5 M/s Strides Arcolab Limited Approval has been sought for issuing shares to non-resident and resident equity shareholders of M/s Shasun Pharmaceuticals Limited under a scheme of merger Pharma n .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ght for deletion of Clause 7(b) of the FIPB Approval Broadcasting nil 8 16 M/s IVF Trustee Company approval of the FIPB for the proposed investments by Indium V and Cayman Fund of upto 2,880 million (approximately US$ 45 million) and 3,200 million (approximately US$ 50 million) respectively in units of IVF V. Venture Capital Fund (AIF) 608 crores 9 18 M/s International Trade and Exhibitions India Private Limited Approval for proposed expansion of the scope of its business activities in printing, .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the transfer of Equity shares of Fully & Compulsorily Convertible Debentures (CCDs) in Valuable Properties Private Limited by the applicant to its WoS i.e. VTMPL. Construction and Development ₹ 139 crors (already brought in ) 12 22 M/s Gulf Packaging Machines JLT Approval for setting up LLP. LLP ₹ 0.65 crores 13 23 M/s Blue Star Infotech Limited approval sought for issuance of ESOPs to non-resident shareholders IT/ITES nil 14 24 M/s HDFC Capital Advisors Limited Approval sought f .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y the way of fresh subscription to shares and purchase of shares by the Investor from the existing shareholders to be issued to India 2020 Fund II, Limited Pharma 75 crores 16 27 M/s AEGON RELIGARE LIFE INSURANCE COMPANY LIMITED Approval sought for the transfer of shares of the company held by Bennett, Coleman & Company to AEGON India Holding B.V thereby raising the foreign shareholding from 26% to 49%. Insurance 559.96 crores The following 6(six) proposals have been deferred: Sl. No. It .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

by IDFC since IDFC was regarded as a foreign owned company from March 2011 till March 2014 III. Investment in Human Value Developers Private Limited by IDFC since IDFC was regarded as a foreign owned company from March 2011 till March 2014 and IV. Downstream investment made by Human Value Developers Private Limited in 2007 in M/s Sharekhan NBFC 3 21 M/s Serap India Pvt. Ltd. Permission for issue of equity shares to with a premium of ₹ 10 per share against total outstanding dues of ₹ .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

India pursuant to the Scheme and to have foreign shareholding of 37.08% (NRI s / OCBs - 0.99% FDI - 12.14% FIIs - 23.95%). Proposal 2: M/s Capricorn Ventures Limited has sought approval to have foreign shareholding for the issuance of shares to the shareholders of Max India pursuant to the Scheme and to have foreign shareholding of 37.08% (NRI s / OCBs - 0.99% FDI - 12.14% FIIs - 23.95%). Miscellaneous(Demerger) The following 08 (eight) proposals have been rejected: Sl. No. Item No. Name of the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of upto 15,66,00,000 by FIL Capital Investments (Mauritius) II Limited in subsequent rounds of Investment in a public limited company (i.e. Cipla Health Limited) in the process of being incorporated by Cipla Limited post the closing of the Initial Investment. Pharma 2 10 M/s Menon Bearings Limited Approval sought to enter defence production. They are currently involved in automobile related manufacturing. Defence 3 11 M/s DW Animation Ireland Limited, Ireland Approval for setting up of an LLP in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version