Wednesday 1 January 2014

Govt clears four FDI proposals worth Rs. 502 cr

Four foreign direct investment proposals, including that of Mahle Holding India and HBO India, totalling Rs 502 crore have been cleared by the government.
“Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on December 9, 2013, government has approved four proposals of Foreign Direct Investment amounting to Rs 502 crore,” the Finance Ministry said.

In the broadcast industry HBO India Pvt. Ltd. has received approval for its investment in the activities of down-linking none-news and current affairs television channels.

Source:
http://cablequest.org/news/government-news/item/3933-govt-clears-four-fdi-proposals-worth-rs-502-cr.htmlSource: http://cablequest.org/news/government-news/item/3933-govt-clears-four-fdi-proposals-worth-rs-502-cr.html

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