The Indian Iris Government Policies | Government Schemes | Government of India | State Government
News:
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The proposals worth Rs 981.15 crore have been cleared by the Finance Ministry following recommendations for the same by the Foreign Investment Promotion Board (FIPB).
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Hathway Cable and Data Com Ltd has got approval for increasing foreign investment limit for FIIs and FPIs, among others under the portfolio investment scheme from the current 49% of its issued and fully paid up share capital to 74%.
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Hyderabad-based Celon Laboratories too has got permission for downstream investment in a brown field pharma company and the investment has been estimated at Rs 16 crore.
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Cyprus-based Lalea Trading, related to real estate, has been granted permission for repatriation of investment.
Source: ET
