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Government Approves 1 Proposal of Foreign Direct Investment Amounting to About Rs.7.00 Crore

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..... Government Approves 1 Proposal of Foreign Direct Investment Amounting to About Rs.7.00 Crore - News and Press Release Dated:- 19-6-2013 - News - Further to para 5 of the Press Release dated May 31, .....

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..... 2013, wherein it was stated that decision of the 2 (Two) proposals will be communicated separately, Government has approved 1 Proposal of Foreign Direct Investment amounting to Rs. 7.00 crore approxim .....

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..... ately. Following 1 (One) proposal has been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRI inflows ( Rs . in cr .....

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..... ore) 1 M/s Hubert Burda Media India Pvt. Ltd WoS of a foreign company to act as an operating cum investing company and to make downstream investment in an Indian company engaged .....

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..... in printing and publishing of speciality magazines. 7.00 2. The following 1 (One) proposal has been deferred : Sl. No Name of the applicant Particul .....

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..... ars of the proposal 1 M/s Bay Capital Investment Ltd, Mauritius Acquisition of shares in a listed Indian Company which is the Core Investment Company of a leading infrastructure .....

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..... developing group of companies. DSM/RS/ka (Release ID :96634) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

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..... TaxTMI - TMITax .....

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