विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 30-July 2014
Date Month Year
  • President's Secretariat
  • The Rashtrapati Bhavan Museum will open for public viewing from August 1, 2014
  • Prime Minister's Office
  • PM condoles loss of lives in landslide in Pune district
  • Sikkim Governor calls on PM
  • Full text of PM's address at 86th ICAR Foundation Day
  • Min for Develop. of North-East Region
  • Developing Ecosystem in North Eastern Region
  • Assistance to North Eastern Region under Special Accelerated Development Programme
  • Min of Commerce & Industry
  • Subsidy Given to Agri Exporters
  • Grant of Infrastructure Status to Hotel Industry
  • No Increase in Import Duty on Apple
  • Relaxation of Conditions for FDI in Different Sectors
  • Effect of Fall in Prices of Natural Rubber
  • Jobs Created Through Manufacturing Units
  • Production of Fine Quality Tea in Uttarakhand
  • US Opposition to Section 3(D) of the Indian Patent Act
  • Min of Culture
  • Funds for World Heritage Sites
  • Restoration and Maintenance of Monuments
  • Min of Defence
  • Air Chief Marshal Arup Raha Takes Over as New COSC
  • Min of Earth Science
  • Doppler Weather Radars
  • Impact of Abnormal Weather Condition
  • COMAPS
  • Min of External Affairs
  • Supply of Uranium for peaceful uses of Nuclear Energy
  • Step Taken by Government to Reduce Delay in Passport Issuance
  • States of Indo-Us civil nuclear deal
  • Ruling on Maritime boundary between India and Bangladesh
  • Land corridor to religious places in Pakistan
  • Indo-UK Ties
  • Hindi as official language in UN
  • Haj Pilgrimage
  • Expulsion of Indian journalists by Pakistan
  • Diplomats in Indian Missions Abroad
  • Ministry of Finance
  • Union Finance Minister to Hold Meeting with the Chief Executive Officers (CEOs) of Public Sector Banks and Financial Institutions on Comprehensive Financial Inclusion Plan and Other Issues Tomorrow
  • Min of Home Affairs
  • Review of Security Cover to VIPs
  • Claims for Freedom Fighter Pension
  • ILLICIT Drug Cultivation
  • Proposal to Restructure NDMA
  • Refugees and Illegal Migrants
  • Bharat Ratna for Major Dhyan Chand
  • Min of Human Resource Development
  • Reforms in Higher Education
  • Reason for Reverting to 3 Years Undergraduate Degree in Delhi University
  • Government to Formulate New Education Policy
  • Decrease in out of School Children
  • Minority Youths in Higher Education
  • Min of Labour & Employment
  • Steps Taken by the Government for Construction Workers
  • Amalgamation of Schemes
  • Revision of EPF Pension
  • Amendment to Archaic Factories Act, 1948
  • Labour Plantation Act, 1951
  • Safety at Workplaces
  • Welfare of Industrial Workers
  • Interest Rate on EPF
  • Min of Micro,Small & Medium Enterprises
  • Funding to MSME
  • Virtual Network for MSME
  • De-Reservation of Items from Small Scale Sector
  • Production in MSME
  • Growth in MSME Sector
  • Impetus to Young Entrepreneurs in MSME
  • Production/Export of Khadi
  • Indian Institute of Entrepreneurship
  • Min of Mines
  • Geological Survey of India
  • Development of Mining Areas
  • Mining of Iron Ore in Maharashtra
  • Min of Overseas Indian Affairs
  • Non- Resident Indians Investment Facilitation through Overseas Indian Facilitation Centres
  • Non- Resident Indians Investment Facilitation through Overseas Indian Facilitation Centres
  • Min of Personnel, Public Grievances & Pensions
  • Officials with Doubtful Integrity
  • Grievances of Pensioners
  • Performance Related Incentives
  • Eradication of Corruption
  • CBI Investigation
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Roadmap for Exploitation of Methane
  • Measures to Increase Exploration of Gas and Oil
  • Steps to Make Cities Kerosene Free
  • Fiscal Subsidy on Domestic LPG
  • Global crude oil price of Indian Basket increased to US$ 106.34 per bbl on 29.07.2014
  • Min of Statistics & Programme Implementation
  • Provisional Results of Sixth Economic Census
  • Min of Steel
  • Iron-Ore Supplied by NMDC
  • Review of Safety and Security of Steel Plants
  • Min of Textiles
  • Santosh Gangwar Launches MIS for Skill Scheme
  • Ministry of Tourism
  • Steps taken to attract Foreign Tourists
  • Countering Negative Publicity of India in International Media
  • Foreign Tourists
  • National Mission to encourage Pilgrimage Tourism
  • Promotion of Cyclopean Walls in Rajgir, Bihar as Tourist Destination
  • India and Australian State of Victoria discuss further strengthening of bilateral cooperation in Tourism Sector
  • Min of Urban Development
  • 16 Former Ministers Served Eviction Notices For Unauthorized Stay; Owe Damage Charges of Rs.21 Lakhs Per Month
  • 16 Former Ministers Served Eviction Notices for Unauthorized Stay; Owe Damage Charges of Rs.21 Lakhs Per Month
  • Min of Youth Affairs & Sports
  • India won 10 medals on day 6 of CWG 2014

Previous Date

 
Ministry of Finance10-February, 2012 18:02 IST
20 FDI Proposals Approved
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on January 20, 2012, Government has approved 20 Proposals of Foreign Direct Investment amounting to ` 1034

 

 

 

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on January 20, 2012, Government has approved 20 Proposals of Foreign Direct Investment amounting to ` 1034.371 crore approximately. 

 

 

Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 20.01.2012     

 

            Following 20 (Twenty) proposals have been approved.

 

Sl. No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (` In crore)

COMMERCE

 

1

M/s Canali Holding S.P.A, Italy

To set up a JV company with 51% foreign equity participation for single-brand retailing.

7.65

2

M/s Timex Garments Pvt. Ltd.

To set up a JV with 50% equity participation to set up single brand retail stores.

0.50

CONSUMER AFFAIRS

 

3

M/s Interactive Brokers (India) Pvt. Ltd., Mumbai

To set up a WoS in India to carry out the business of commodity broking business.

No fresh inflow

ECONOMIC AFFAIRS

 

4

M/s Deltronix India Limited

To allot equity shares in lieu of amount payable for plant and machinery to carry out the business of manufacture of transport equipment and parts.

9.00

5

M/s Chemtrols Samil (India) Pvt. Ltd., Mumbai

Ex-post-facto approval for issue of partly paid up shares to carry out the business of manufacturing of industrial valves, magnetic level gauges and process control equipment.

1.28

6

M/s Kris Sumeru Investments Pvt. Ltd., Bangalore

Post facto approval for issuance and allotment of equity shares, as the company at present, is neither an operating nor an investing company.

4.45

7

M/s Fluke South East Asia Pte. Ltd., Singapore

To incorporate an Investing Company to make downstream investments in other Indian companies engaged in the business of wholesale trading and related activities.

400.00

8

M/s Tata AutoComp GY Batteries Ltd., Pune

Ex-post-facto approval for issue of partly paid up shares to carry out the business of manufacturing, designing, developing and selling of starting lighting-ignition automotive lead acid storage batteries for cars and utility vehicles.

25.00

9

M/s Zipcash Card Services Pvt. Ltd.

Ex-post facto approval for issuance of convertible preference shares for issuance and operations of ‘pre-paid payment instrument’ in India.

Nil

HEALTH & FAMILY WELFARE

 

10

M/s Pharmaceutical Ingredients and Formulations India Pvt. Ltd., Bangalore

Transfer of shares from NRI to NR in pharmaceuticals sector (brownfield investment).

Nil

INFORMATION TECHNOLOGY

 

11

M/s Outsourcepartners International Private Limited, Bangalore

Ex-post facto approval for conversion of equity shares from non-repatriable to repatriable basis to carry out the business of IT and IT Enabled Services.

0.001

12

M/s Cigniti Technologies Ltd., Hyderabad

Transfer of shares by way of share swap to carry out the business of IT Services, software development.

Nil

POST

 

13

M/s Amazon Asia-Pacific Resources Pvt. Ltd., Singapore

To set up a WoS to undertake the business of online market place operator and retailer inter-alia courier services.

15.00

HEALTH & FAMILY WELFARE

 

14

M/s Aptuit Laurus Private Limited, Hyderabad

Increase in foreign equity.  The company is engaged in the pharmaceutical sector.

47.95

15

M/s Akorn Inc, USA.

Acquisition of 100 percent equity shares of a company engaged in pharmaceuticals sector.

0.01

ECONOMIC AFFAIRS

 

16

M/s APF II India Investments Pvt. Ltd., Mauritius

To invest in the units of a FUND.

300.00

FINANCIAL SERVICES

 

17

M/s Oxigen Services (India) Pvt. Ltd., Gurgaon

Ex-post-facto for induction of foreign investment to carry out the business of providing B2B Services like mobile, DTH & Broadband Recharges, Bill payments, Travel and Ticketing, both by rail and air.

1.06

 

INFORMATION & BROADCASTING

18

M/s Alliance Data Pte. Ltd., Singapore

To undertake the additional business of publishing and printing an Indian edition of a foreign specialty magazine.

Nil

PHARMACEUTICALS

 

19

M/s Edict Pharmaceuticals Pvt. Ltd.

Transfer of 100 percent equity to foreign investor.  The company is engaged in the pharmaceutical sector.

171.53

POWER

 

20

M/s Multiples Private Equity Fund I Limited, Mauritius

Acquisition of the equity shares of the company engaged in the operation of India’s first nationwide, automated and online power exchange and offers products that permit trading in electricity and renewable energy certificates.

50.94

 

 

 

 

            The following 15 (Fifteen) proposals have been deferred:

 

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s Ankur Durgs and Pharma Ltd., Mumbai

To issue warrants to carry out the business of manufacturing of pharmaceutical formulations.

2

M/s Ashok Leyland Defence Systems Ltd., Chennai

To undertake defence related activities.

3

M/s Dia Vikas Capital Pvt. Ltd., Gurgaon

Ex-post-facto approval for non-compliance with minimum capitalization norms for limited period of 72 days from July 21, 2010 to September 2010.  The company is engaged in the business of providing financial support to various Micro Finance Institutions in India.

4

M/s Softgel Healthcare Pvt. Ltd., Chennai (No.258/2011-FC.I)

Ex-post-facto approval for allotment of shares in pharmaceuticals sector (brownfield investment).

5

M/s Heinemann Asia Pacific Pte. Ltd., Singapore

To set up a WoS company for the purpose of undertaking the activities of setting up duty free shop at Indian international airports.  Additionally, the proposed Indian company also intends to supply duty free products to other duty free shops in India.

6

M/s ISG Onboard Enterprises US Ltd., New York

To set up a WoS company for the purpose of undertaking the activities of (i) sale of duty free goods to passengers on international flights of India bases airlines; and (ii) sale of duty free goods to India based airlines for onward sale to passengers by such India based airlines on international flights and related activities. 

7

M/s JT International India Pvt. Ltd.

Post facto approval for (i) increase in the paid up capital and (ii) write off of share application amounting received from foreign investor.

8

M/s Catvision Limited, Noida

To increase foreign equity participation to carry out the business of manufacture of CATV equipment, selling CATV equipment like Dish Antenna, other CATV equipment, cables, energy management equipment and repair of apparatus for television transmission, other business services.

9

M/s VRL Logistics Ltd., Karnataka

Induction of foreign equity  to carry ou the business of transportation of goods and passengers (NIC Code 701, 703), Courier services other than postal services, 751, aircraft charter services, 720 and wind power generation, 432 and 439 involving the installation and sale of electricity produced by wind power generators.

10

M/s Jeevan Telecasting Corporation Ltd.

Post-facto approval to ratify the NRI investment.

11

M/s DPD Continental Pvt. Ltd.

Deletion of the condition at Clause 6 (i) of the FC approval dated 4.2.2009.  The company is engaged in the business of courier services other than post.

12

M/s Fine Publishing India Pvt. Ltd.

Induction of foreign equity to carry out the business of publishing specialty technical magazines covering the subject of wine and champagne.

13

M/s Reed Elsevier India Pvt. Ltd.

To undertake the additional activity relating to the business of publishing and co-publishing (in and outside India), including digital publishing, printing, reprinting, adaptation, article reprinting, repackaging, translation, distribution of scientific, technical, medical, specialty and research journals/magazines/periodicals in any media including print media

14

M/s Royale Asia Couriers Pvt. Ltd., Chennai

Induction of foreign equity to carry out the business of international courier operations.

15

M/s Kakade British Realties Private Limited, Pune

Approval for non-compliance with the condition regarding completion of 50 % project within 5 years from the date of obtaining all statutory clearances.                 

 

 

            The following 2 (Two) proposals have been rejected:

 

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s UE Trade Corporation (India) Pvt. Ltd., Delhi

Capitalisation of import payables.

2

M/s Shriprop Housing Pvt. Ltd. and Shriram Properties Ltd., Bangalore

Transfer of shares by the foreign investor before expiry of 3 years from the date of minimum capitalization norms.

 

                The following 1 (One) proposal has been withdrawn from the agenda on the request of the applicant:

 

Sl. No

Name of the applicant

Particulars of the proposal

FDI/NRI inflows

(` in crore)

1

M/s Ordain Health Care Global Pvt. Ltd., Chennai

Induction of foreign equity to carry out the business in pharmaceutical sector.

48.30

 

 

DSM/SS/GN


(Release ID :80252)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy