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Government Approves Seven (07) Proposals of Foreign Direct Investment (FDI) Amounting to ₹ 5240.35 Crore Approximately

Dated:- 12-12-2015 - Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 227th meeting held on 9th November 2015, the Government has approved Seven (07) proposals of Foreign Direct Investment (FDI) amounting to ₹ 5240.35 crore. The following Seven (07) proposals have been approved: S. No. Item No Name of the applicant Gist of the proposal Sector FDI (in Rs. Crore) 1 2 M/s India Advantage S4 I M/s India Advantage Fund S4 I, a SEBI registered AIF, has sought appr .....

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/s Menterra Venture Advisors Private Limited Approval has been sought by M/s Menterra Venture Advisors Private Limited for 100% foreign investment in Menterra Social Impact Fund (or such other name as SEBI may approve) which is a contributory and determinate trust organized under the Indian Trusts Act, 1882 and in the process of being registered with SEBI as a Category I Alternative Investment Fund - Social Venture Fund AIF 21.2 3 10 M/s Agio Image Limited Approval has been sought by Agio Image .....

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ty share capital of LTFH on a fully diluted basis and (ii) BC Asia Growth Investments subscribing to 6,38,20,990 warrants, with each convertible into one equity share within a period of 18 months from the date of allotment of warrants, constituting 3.51% of the post issue equity share capital of LTFH on a fully diluted basis Financial Services 707 5 13 M/s Paragon Partners Growth Fund Approval has been sought by M/s Paragon Partners Growth Fund for accepting contributions amounting to 80% of the .....

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with Securities and Exchange Board of India. The Strugence Debt Fund 1 is targeting to raise a corpus of INR 200 crores Financial Services 99 7 16 M/s Extramarks Education India Private Limited Approval for investing in its 100% subsidiary Indian company Extramarks Education India Private Limited for undertaking digital publishing of education content and distribution to schools and students through smart classes, test centres and digital medium such as internet subscription, SD cards, Tablets .....

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e of BNPs French subsidiaries. NBFC 2 5 M/s P C Ghadiali and Co LLP P C Ghadiali and Co LLP, a CA firm has been appointed by Mazav Management LLC, USA to apply on their behalf to FIPB for the acquisition of 24% shareholding in Nexus Flight Operation Services India Pvt. Ltd, held by Sovika Aviation Services Private Limited. Ground Handling Services 3 9 M/s SunE Solar BV Approval is sought by SunE Solar B.V. to set up a LLP in India along with SunEdison Energy India Private Limited and SunEdison S .....

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