Proposals

Central Government Approves 12 FDI Proposals

Based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on July 5, 2013, the Central Government has approved twelve (12) Proposals of Foreign Direct Investment amounting to Rs. 343.39 crore approximately. Details of the proposals considered in the aforesaid Meeting of the Foreign Investment Promotion Board(FIPB) are as follows: Following twelve (12) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. In crore) 1 M/s Total Prosthetics & Onthotics India Pvt. Ltd. Haryana An Indian company to acquire… Read More

Tags: BNP ParibasFIPBforeign direct investmentForeign Investment Promotion BoardIndiaNew DelhiNon-banking financial companyProposals

Government Approves Eight FDI Proposals

Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 12.04.2013      Following eight (8) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. in crore) 1 M/s McKinsey & Company Inc. India, USA To set up an LLP to be engaged in providing management consultancy services. 0.99 2 M/s AWS TruepowerLLC, USA Induction of foreign equity to carry out the business of consultancy… Read More

Tags: FIPBforeign direct investmentForeign Investment Promotion BoardIndiaLimited liability partnershipNew DelhiNMEProposals

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