16 FDI Proposals Worth Rs. 923.55 Crore Approved.

 Sl. No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (` In crore)

1

M/s Global Gourmet Pvt. Ltd., Gujarat

Ex-post facto approval for issue of shares on partly paid basis to undertake processing of all kinds of vegetarian foods/ non-vegetarian foods and beverages.

4.8

2

M/s Vogel Business Media India Pvt. Ltd., Mumbai

Induction of FDI up to 100 per cent to carry out the business of publishing/ printing of scientific and technical magazines/ specialty journals/periodicals.

0.01

3

M/s Oasis Shipping Pvt. Ltd., Mumbai

Ex-post-facto approval for conversion of operating company into operating cum investing company.

Nil

4

M/s Tredegar Film Products India Pvt. Ltd., Mumbai

To allot equity shares in lieu of amount paid by the foreign parent company for purchase of plot prior to incorporation of the Indian WoS.  The Indian company is engaged in the manufacturing of non woven laminate films for packaging.

Nil

5

M/s What’s On India Media Pvt. Ltd.

Induction of foreign equity by way of issue of preference shares to carry out the business of TV channel license for up-linking a non-news and current affairs TV channel.

0.99

6

M/s Star News Broadcasting Ltd. (Touch Tele Content (I) Ltd.)

Ex post facto approval on the advice of RBI.  The company is engaged in the business of providing support services to other media companies and to undertake the business of creating owning and distributing non news and current affairs television channels.

No Fresh Inflow

7

M/s Vivimed Labs Ltd., Bangalore

Ex-post-facto approval for issue of warrants to undertake manufacturing of organic chemicals and pharmaceuticals.

3.75

8

M/s Park Controls &Communications Ltd., Bangalore

Ex-post-facto approval for induction of foreign investment to carry out the defence related activity.

0.10

9

M/s Telephoto Entertainments Ltd.,(Name changed to M/s Picture house Media Ltd.) Tamil Nadu

To issue warrants to carry out the business of film and entertainment industry.

5.00

10

M/s Selan Exploration Technology Ltd., Delhi

Ex-post-facto approval for issue of warrant to carry out the business of onshore oil and gas production.

1.81

11

M/s Goshi India Auto Parts Pvt. Ltd., Delhi & Haryana

To convert the Suppliers Credit (Machinery Loan) into equity shares to carry out the business of manufacturing and distribution of spare parts.

No Fresh Inflow

12

M/s Soma Tollways Private Limited, Andhra Pradesh

Induction of foreign investment in an investing company.

500.00

13

M/s Mango Holding Limited, Bangladesh

To subscribe to equity shares of an Indian company engaged in the business of manufacturing and Supply of Wireless Equipment by a company from Bangladesh.

3.33

14

M/s Omega IceHill Pvt. Ltd.

To issue shares for consideration other than inward remittances.

3.76

15

M/s Centum Electronics Ltd., Bangalore

To undertake additional activities related to defence sector.

No Fresh Inflow

16

M/s L&T Finance Holdings Ltd.

Permission for Pre-IPO placement of equity shares with eligible non- resident investors.

400.00

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s Indian Rotorcraft Ltd., Mumbai

Induction of foreign equity to carry out the business of final assembly of both military and civil versions of helicopters.

2

M/s Ashwell Holding Company Pvt. Ltd., Mumbai

Induction of foreign equity to carry out the business of investing company.

3

M/s BNP Paribas S.A. Paris

To set up a WoS to act as an investing company.

4

M/s SightLife USA

To set up a 100 per cent Charitable Company under Section 25 of the Companies Act.

5

M/s Precision Electronics Pvt. Ltd.

To undertake the additional activity in the defence sector.

6

M/s Hughes Communications India Ltd.

To make downstream investment to carry out the activity relating to telecom sector.

7

M/s ASP Sealing Products Ltd.

Ex post facto approval for transfer of shares   from NRI to NR on the advice of RBI.

8

M/s NCBG Holdings, Inc., Cayman Islands

Induction of foreign equity in an Indian company to undertake the manufacturing of wiring sets including wiring sets of a kind used in vehicles, aircraft, ships or other machinery used in defence industry.

9

M/s Natixis Global Asset Management, France

To invest by way of indirect foreign investment in Pension Fund Subsidiary.

10

M/s Pran Beverages (India) Pvt. Ltd., Kolkata

InductionofforeignequitybyacompanyfromBangladesh.

11

M/s Checkmate Services Pvt. Ltd., Gujarat

Inductionofforeignequityin acompanyengagedinprivatesecurityservices.

12

M/s Southern CNG Automobiles India Pvt. Ltd., Kolkata

InductionofforeignequityinbyacompanyfromBangladesh.

13

Mr. M. RezaulHassanand Ms. Monnujan Nargis, Bangladesh

Expostfactoapprovaltosetup a WOS toundertakethebusinessofSoftwaredevelopmentServicesbycitizens of Bangladesh.

14

M/s Interglobe Enterprises Ltd.

To amend Clause 4 of FC approval relating to approval area of activity.

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s Reynders Label Printing India Pvt. Ltd., Delhi & Haryana

To issue Fully and Compulsorily Convertible Bonds against the outstanding amount lying in books as “Advance against Exports’ and “Creditors for capital goods and services- foreign counterpart’ to carry out the business of Printing of labels, booklets, etc.

2

M/s Status Infin (India) Pvt. Ltd., Hyderabad

Induction of foreign equity in an investing company providing finances to companies engaged in power, infrastructure and emerging sectors in India.

3

M/s Anuradha Holdings Pvt. Ltd., Bangalore

Transfer of shares by way of share swap to carry out the business of project development, consultancy and management activities. 

4

M/s AssystemIndiaPvt. Ltd., Bangalore

Conversion of advance for the execution of future project into equity shares to carry out the business of engineering services and application oriented research in various engineering, information and communication technologies primarily in Aerospace, Automotive and Energy.

5

M/s AOS Holding India S.A.S. France

To set up a JV company to undertake the business of Real estate agents, brokers and managers engaged in renting, buying and selling, managing and appraising real estate on a contract or fee basis. Architectural and engineering and other technical consultancy activities.

6

M/s Amrit Jal Venture Pvt. Ltd.

Transfer of shares by way of swapping equity shares  in lieu of  acquisition of existing  investments  of foreign collaborator held in the three SPVs.

7

M/s I-Velozity India Pvt. Ltd.

To make an amendment in clause 2 of existing FC approval to allow for undertaking additional activities.

Sl. No

Name of the applicant

1

M/s Gebr. Ewald GmbH, Germany

2

M/s First Apex Software Technologies Pvt. Ltd.

 Sl. No

Name of the applicant

1

M/s PTC India Financial Services Ltd., Delhi & Haryana

2

M/s Tata Steel Ltd.

Sl. No

Name of the applicant

Particulars of the proposal

FDI/NRI inflows

(` In crore)

1

M/s Cals Refineries Ltd., Delhi & Haryana

To issue equity shares in the form GDRs against supply of refinery equipment.

1425.00

(against import of second hand machinery)