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    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
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    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
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    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
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    August 14, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
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    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
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    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
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    August 13, 2026
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    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.

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      Corp. Laws, SEBI & IBC

      9 FDI Proposals approved

      September 8, 2009

      Contents
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      Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on August 28, 2009, Government has approved 09 Proposals of Foreign Direct Investment amounting to Rs. 74.61 Crore approximately.               

      Following 09 (Nine) proposals have been approved.

      Sl. No.

      Name of the applicant

      Particulars of the proposal

      FDI/NRI inflows (Rs. In Crore)

      ECONOMIC AFFAIRS

      1

      M/s Mundus Real Estates Pvt. Ltd., Margao 

      To repatriate the amount received from the foreign investor to undertake construction development activities, as the foreign investor cannot provide the balance amount to meet the minimum capitalization norms.

      No Fresh Inflow

      2

      M/s Ramboll Whitbybird Holdings Ltd., UK

      Ex-Post-facto approval of the prior foreign equity participation by virtue of the acquisition in 2007 subject to Press Note 1/2005.

      16.00

      3

      M/s Alpari Forex (India) Pvt. Ltd.,Ahmedabad

      To undertake commodity broking and currency future derivatives.

      No physical inflow.

      HEAVY INDUSTRY

      4

      M/s Rescal S.A.S France

      To undertake the activities of Test Marketing of fabricated metal products, parts and accessories for electrical industrial machinery and apparatus. 

      0.01

      MICRO SMALL AND MEDIUM ENTERPRISES

      5

      M/s Amann Sewing & Embroidery Threads Pvt. Ltd., Chennai 

      To set up a Wholly Owned Subsidiary to undertake Test Marketing activities of Sewing threads.

      13.6

      PETROLEUM & NATURAL GAS

      6

      M/s Ramboll Singapore Pte. Ltd., Singapore

      To set up a Wholly Owned Subsidiary to provide engineering consultancy services in the field of Oil and Gas.  The proposal attracts Press Note 1/2005.

      22.00

      INDUSTRIAL POLICY & PROMOTION

      7

      M/s Housing Development Finance Corporation Ltd.

      To issue and allot warrants and to QIBs on a QIP basis in accordance with the provisions of Chapter XIII- A of the SEBI. 

      Not indicated

      8

      M/s High Mark Credit Information Services

      To increase the foreign equity participation from 40% to 49%.

      23.00

      9

      M/s Marconi Telecommunications (India) Pvt. Ltd.

      To issue shares to its parent company against trade payable  by it.

      Nil

      The following 13 (Thirteen) proposals have been deferred:

      Sl. No

      Name of the applicant

      Particulars of the proposal

      1

      M/s Maharishi Solar Technology (P) Ltd., New Delhi  

      Induction of investment from Indian company on behalf of a Foreign company on account of an arbitration proceeding.

      2

      M/s Shree Meenakshi Food Products Pvt. Ltd., Mumbai 

      To issue equity shares to undertake manufacturing of Pan Masala and other tobacco Products.

      3

      M/s Futuristic Diagnostic Imaging Centre Pvt. Ltd., Bangalore

      Ex-post facto approval for foreign investment in the company engaged in manufacturing of medical radioisotopes & Nuclear Medicine/Cancer Imaging Centre.

      4

      M/s Nova Integrated Systems Ltd., Mumbai

      To issue fully and Compulsorily Convertible Debentures (CCDs)/ Equity Shares, for undertaking manufacturing and marketing of defence equipment.

      5

      Mr. Alan Ian Sanderson & Mrs. Sandra Lesley Diane Day, UAE

      To acquire 100% capital for the business of advertisement along with publication of Directories, Yellow Pages, Journals.

      6

      M/s Jaipur IPL Cricket Pvt. Ltd., (JIPL), Mumbai

      To induct 100% foreign equity by way of issue of shares for consideration other than cash inflow.

      7

      M/s Opto Circuits (India) Limited, Bangalore

      Preferential issue of Convertible Warrants under SEBI (DIP) guidelines.

      8

      M/s Vyoneesh Technologies Pvt. Ltd., Delhi

      To set up a Joint Venture Company with 26% foreign equity for manufacturing, designing, etc. of Defence related equipment.

      9

      M/s Shanghai Urban Construction (Group) Corporation, (SUCG), China 

      To set up a Wholly Owned subsidiary in the field of construction activities, project construction, industrial investment, trade, etc.   The proposal attracts Press Note 1/2005.

      10

      M/s Monsanto India Ltd

      For amendment of the extant approval to enable the company to  undertake business activities involving the use of genetically engineered cells and material. 

      11

      M/s Images Multimedia Pvt. Ltd.

      To issue equity shares to foreign investor to undertake publication of speciality magazines in the fashion and retail industry, managements of events focusing on fashion and retail sector.

      12

      M/s D.B. Corp Ltd.

      The company intends to make an initial public offering, including an offer for sale from existing promoters up to 26% of post-IPO paid up share capital.              

      13

      M/s Verint System India Pvt. Ltd.

      To make amendment in the FC approval.

        The following 5 (five) proposals have been rejected:

      Sl. No

      Name of the applicant

      Particulars of the proposal

      1

      M/s Dynamic Alternatives Pty Ltd., Republic of South Africa

      To set up a Wholly Owned Subsidiary to carry out the business of Detective & Protective Services.

      2

      M/s Aer Rianta International cpt

      To set up a holding company to make downstream investment to pursue other duty free opportunities.

      3

      M/s Redington (India) Ltd.

      (i) To extend the time limit for capitalizing the NBFC and (ii) to undertake strategic investments in Indian unlisted and listed companies, and to undertake portfolio investments in Indian listed companies.

      4

      M/s Goldman Sachs (Mauritius) LLC

      To waive of the condition of Press Note 1 of 2005.

      5

      M/s Ventureeast Trustee Company Pvt. Ltd.,

      To accept contributions into the Fund under the foreign direct investment route and to issue Units; and to make investments in securities of the Indian companies.

      The following 3 (Three) proposals have been withdrawn from the agenda.

      Sl. No

      Item No.

      Name of the applicant

      1

      3

      M/s Italia Wood Interiors Ltd., Ahmedabad

      2

      16

      Mr. Gagan Verma

      3

      26

      M/s Gammon Infrastructure Projects Ltd.

      The following 6 (Six) proposals have been advised to access automatic route.

      Sl. No

      Item No.

      Name of the applicant

      Particulars of the proposal

      FDI/NRI inflows (Rs. In Crore)

      1

      6

      M/s Simulmedia Inc. Delaware, USA

      To acquire equity shares either by itself or through its affiliates, subsidiaries or group companies under the provisions of Press Note 4 of 2009 to carry on the business of research, design and development of systems and applications software and hardware relating to emerging TV technologies. 

      0.01

      2

      7

      M/s Network18 Media & Investments Ltd., Delhi

      To induct foreign equity by way of subscribing to equity shares and to permit the non resident investment limit (including FDI, FII, NRIs, ADRs, ADS, GDRs, FCCBs etc.) upto 49% of the fully diluted paid up capital.

      119.63

      3

      10

      M/s Fishman Realty Management Services India Pvt. Ltd., Delhi

      To issue equity shares/fully convertible debentures to carryout the business of advisory services on project construction, project designing, project planning, project marketing and project supervision in India.

      0.019

      4

      11

      M/s Energee Realty Ventures Pvt. Ltd., Mumbai

      To issue equity shares / fully convertible debentures to carryout the business of construction development projects.

      0.96

      5

      18

      M/s Omega Foundry Machinery Ltd., UK

      To set up a new Joint Venture company with a foreign equity of 50% as a small scale industrial unit.

      0.005

      6

      24

      M/s Qatar General Petroleum Corporation

      To increase foreign equity upto 62% for operating and providing Helicopter services

      0.52

      The following 01 (One) proposal has been recommended for the consideration of CCEA, as the initial approval was granted by CCEA.

      Sl. No

      Item No.

      Name of the applicant

      Particulars of the proposal

      FDI/NRI inflows (Rs. In Crore)

      1

      33

      M/s Daimler AG

      Ex-Post-facto approval for increase in the foreign equity participation to 100%.

      78.48

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