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Government Approves Six (6) Proposals of Foreign Direct Investment (FDI) Amounting to ₹ 1810.25 Crore Approximately

Dated:- 18-11-2015 - Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 226th meeting held on 30th October 2015, the Government has approved 6 (six) proposals of Foreign Direct Investment (FDI) amounting to ₹ 1810.25 crore. The following 6 (six) proposals have been approved: No Item No Name of the applicant Gist of the proposal Sector FDI (Rs in crore) 1 1 Agile Electric Sub Assembly Pvt Ltd, Post-facto approval has been sought by Agile Electric Drives Technol .....

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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 Nil 3 3 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 ₹ .....

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