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Government approves proposal of M/s Firefly Networks Ltd and recommends the proposal of M/s HDFC Standard Life Insurance Company Ltd for the approval of CCEA, involving an FDI of ₹ 1705 crore

News and Press Release - Dated:- 19-1-2016 - Based on the recommendations of Foreign Investment Promotion Board in its 230th meeting held on 29th December 2015, the Government has approved the proposal of M/s Firefly Networks Ltd and has also recomme .....

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Gist of the proposal Sector FDI (in Rs. Crore) 1 7 M/s Firefly Networks Ltd Approval has been sought by M/s Fire Fly Networks Limited for approval of the existing foreign investment (50% indirect) and to permit commencement of activities as a Telecom .....

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Gist of the proposal Sector FDI (in Rs. Crore) 1 8 M/s HDFC Standard Life Insurance Co. Ltd Approval for transfer of its shares currently held by Housing Development Finance Corporation Limited (HDFC) to Standard Life (Mauritius Holdings) 2006 Limite .....

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oval to set up a stimulator Manufacturing Company in India for various applications including military and commercial uses in technical collaboration with leading US Company M/s Textron with US $ 15 Billion revenue. Further M/s Quantum Simulator has .....

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n Value Developers Private Limited by BNP Paribas SA France and/or one or more of BNPs French subsidiaries. II. Acquisition of 100% capital of Human Value Developers Private Limited by BNP and/ or one or more of BNPs French subsidiaries. NBFC 3 6 M/s .....

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y held by Dabur Investment Corp. Insurance 4 9 M/s Tata Sikorsky Aerospace Limited Approval has been sought for non-resident to non-resident transfer of 26% of the shares of Tata Sikorsky Aerospace from M/s United Technologies International Corporati .....

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t for infusing fresh funds of up to USD 15 million in its wholly owned Indian subsidiary IT/ITES The following one (01) proposal does not lie before FIPB: S. No. Item No Name of the applicant Gist of the proposal Sector 1 3 M/s P C Ghadiali and Co LL .....

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