Government approves 10 foreign investment proposals
August 18th, 2009 - 10:28 pm ICT by IANS ( Leave a comment )New Delhi, Aug 18 (IANS) The government Tuesday cleared 10 foreign direct investment (FDI) proposals worth Rs.1,123 crore ($230.5 billion), including one by DishTV to raise Rs.750 crore through convertible bonds.
Vijay Mallya-promoted United Breweries’ proposal to issue convertible warrants worth Rs.219 crore also got the Foreign Investment Promotion Board’s (FIPB) approval.
However, nine proposals have been deferred, including those of two telecom companies - Unitech Wireles and ByCell Telecommunication — on security concerns.
The proposal from Forum Synergies (India) Fund Managers has been referred to the Cabinet Committee on Economic Affairs (CCEA) as the investment plan involved proposals worth over Rs.600 crore.
- Foreign investment proposals worth Rs.892 crore cleared - Jul 17, 2009
- 16 FDI proposals worth over $20 million accepted - Jun 07, 2011
- Foreign investment proposals worth Rs.1,361 crore cleared - Oct 22, 2009
- Eight FDI proposals approved - Dec 15, 2010
- Telenor given green signal to up stake in Unitech (Lead) - Oct 19, 2009
- Government okays FDI proposals worth Rs.4,341 crore - Jan 13, 2011
- Eight foreign investment proposals cleared - Sep 03, 2009
- The beer hug: Bihar emerging as brewery hub - Jan 16, 2012
- Finance minister can approve bigger foreign direct investments now - Feb 11, 2010
- 14 FDI proposals worth Rs.733 crore approved - Jan 28, 2010
- Foreign investment proposals worth Rs.524 cr approved - Dec 30, 2009
- Cabinet clears FDI route for development fund - Mar 05, 2010
- FDI proposals of Unitech Wirelss, ByCell put off for security - Aug 18, 2009
- India clears 20 FDI proposals worth $373 million - Jan 10, 2012
- Government okays Telenor's plan to up stake in Unitech - Oct 19, 2009
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