Govt approves 11 FDI proposals amounting to Rs 1,567.91 cr approximately
Updated: Oct 08, 2015 12:18:40pm
The decision has been taken based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 11th September 2015.
Some of the proposals that have been approved are of - MicroVentures Investment S.A. SICAR, Amar Ujala Publications Limited, Eros International Media Limited and more.
In addition, two proposals of M/s Sistema Shyam TelServices Ltd involving an FDI of Rs. 10,000 crore, and M/s IIFL Holdings Limited involving an FDI of Rs. 3201.5 crore, have also been recommended for consideration of Cabinet Committee on Economic Affairs. (KNN Bureau)