S. no.

Name of the applicant

Gist of the proposal

Sector

Proposed FDI (In Rs.  crore)

S.

No.

Name of the applicant

Gist of the proposal

Sector

1.       

M/s Celon Laboratories Limited, Hyderabad, Telangana

Approval has been sought by
M/s Celon Laboratories Limited, a Brownfield pharma company for downstream investment in another brownfield pharma company.

Pharma-ceuticals

2.       

M/s Shantha Biotechnics Limited.

M/s Shantha Biotechnics Limited, an existing Pharma company is seeking FIPB approval for removal of the compounding levied in the approval letter dated 25.04.2012

Pharma-ceuticals

3.       

M/s Sparsha Pharma International Pvt. Ltd.

Post facto approval has been sought by M/s Sparsha Pharma International Pvt. Ltd. for fresh issue and allotment of shares to foreign registered trust towards the receipt of share application money.

Pharmaceuticals

4.       

M/s Goldshield Real Estate Pvt., Ltd

Approval has been sought by
M/s Mercury Pharma group Limited (formerly known as Goldshield Group ltd) for exiting the real estate business by selling out shares to another Indian shareholder at agreed value.

Real Estate

5.       

M/s Keppel Puravankara  Development Private Limited, Bangalore

Approval has been sought by M/s Keppel Puravankara Development Private Limited for redemption of preference shares issued to the foreign investor upon the expiry of minimum lock-in period of 3 years.

Real Estate

6.       

M/s INX Music Private Limited, Mumbai

M/s INX Music Private Limited, a company which aggregates and distributes music content for TV channels, having 70.85% indirect foreign investment; proposes to undertake the additional activity of broadcasting of a non-news and current affairs channels in various Indian languages. As proposed scheme of arrangement, the 9X Jhakaas Marathi Channel shall be merged into M/s INX Music Pvt Ltd.

Broadcasting

7.       

M/s Eros International Media Limited

Approval has been sought by Eros International Media Limited for making  downstream investment by way of acquisition of shares of an Indian company for non-cash consideration, i.e., by issuance of shares of the applicant company to the existing shareholders of the investee company.

Broadcasting

8.       

M/s NTT Communications India Pvt Ltd , Delhi

NTT Communications India Network Services Private Limited (“NewCo”)

Approval has been sought by M/s NTT Communications India Pvt Ltd for downstream investment in an Indian company yet to be incorporated for carrying out the telecom services.

Telecom

9.       

M/s Hathway Cable and Datacom Limited

Approval has been sought for increasing foreign investment limit for FIIs, FPIs, etc. under the Portfolio Investment Scheme from 49% of its issued and fully paid up share capital to 74%.

Telecom & Broadcasting

10.   

M/s DEN Networks Limited

Approval has been sought for increase in foreign investment limit in Den Networks Limited beyond 49% and upto 74% by FIIs, NRIs, FPIs, and other eligible foreign investors through route of Secondary Market/Open Market purchase.

Telecom & Broadcasting

11.   

M/s Reliance Globalcom Ltd., Bermuda

Approval has been sought by M/s Reliance Globalcom Ltd. (RGL) to purchase M/s GCX India Ltd. (GCX India), an Indian owned and controlled company.

Telecom

12.   

M/s O-zone Networks Private Limited

M/s O-zone Networks Private Limited Delhi, engaged in telecom sector and with 33.33% existing FDI from M/s AL Telecom Holdings (India) Limited, Cyprus, seeks approval for upto 100% foreign investment by M/s Ozone BV, Netherlands by way of purchase of the equity share capital existing foreign and domestic shareholders.

Internet services

13.   

M/s Sprint Telecom India Private Limited

 (i) To increase the amount of foreign equity from ₹ 6,25,07,800/- to ₹ 9,62,07,400/-.

(ii) To purchase 13,00,260 shares constituting 26% share capital of M/s Sprint Telecom India Private Limited held by Persistent Systems Limited by way of purchase of 13,00,259 shares of Sprint Telecom India Private Limited by M/s Sprint International Holding Inc., USA being 25.99% and purchase of 1 share of Sprint Telecom India Private Limited by M/s Sprint International Inc., USA being 0.01%.

Telecom

14.   

M/s Chorus Call Conferencing Services India Private Limited

Approval has been sought by M/s Chorus Call INC, USA for increase in the foreign equity from 74% to 100% in M/s Chorus Call Conferencing Services India Private Limited engaged in providing services like transmission of voice, video and data.

Telecom

15.   

M/s Cheetah Communications Private Limited, New Delhi

M/s Cheetah Communications Private Limited, a newly incorporated company, is seeking approval to (i) engage in the internet and telecom related services and (ii) to increase foreign equity participation upto 100% by way of fresh issue of shares and transfer of shares from existing resident shareholders.

Telecom

16.   

M/s Indian Rotorcraft Limited, Mumbai

M/s Indian Rotorcraft Limited, Mumbai (Investee Company) has sought approval for

(i) to incorporate the helicopter model as AW 119Kx in place of AW 119Ke.

 (ii) to undertake final assembly of AgustaWestland’s helicopters for export to global customers or offered to Indian Civil market only and

(iii) to change the foreign investor from M/s Agusta Westland N.V., The Netherlands to M/s Agusta Westland S.p.A, Italy as M/s Agusta Westland N.V., The Netherlands merged into M/s Agusta Westland S.p.A, Italy,  pursuant to an internal re-organization through merger within the Agusta Westland group w.e.f January 01, 2014.

Defence

17.   

M/s MI Cement India Pvt. Ltd. (Proposed), Guwahati

Approval has been sought by M/s MI Cement Factory Ltd., Bangladesh for setting up a business office through a WoS to facilitate pan-India trading.

Manufacturing

18.   

M/s Kotak Mahindra Bank Limited, Mumbai

Gist of the Proposal: Approval has been sought for increasing the aggregate foreign investment in M/s Kotak Mahindra Bank Limited to 55% pursuant to a merger between ING Vyasa and Kotak

Banking

19.   

M/s Destimoney Enterprises Limited

Destimoney Enterprises Limited has sought approval for conversion of from an operating cum investing company to a holding or Investing company.

Investing company

20.   

M/s YourNest Angel Fund (Trust)

Approval has been sought by M/s YourNest Angel Fund to invite up to 49% foreign investment from M/s Tech Entrepreneurship India Company Limited, Mauritius.

Investment

21.   

M/s Monsoon Alternative Investment Trust , Mumbai

M/s Monsoon Capital LLC has sought permission for making investments directly or indirectly in Monsoon Alternative Investment Trust in the form of FDI.

MIsc. - Alternative Investment Fund (AIF)

S. No.

Name of the applicant

Gist of the proposal

Sector

1.    

M/s Strides Arcolab Limited, Mumbai

Approval has been sought by M/s Strides Arcolab Limited, a brownfield pharma company for issuing shares to non-resident and resident equity shareholders of M/s Shasun Pharmaceuticals Limited under a scheme of merger.

Pharma-ceuticals

2.    

M/s Big India Malls Pvt. Ltd.

M/s Big Shopping Centres Ltd Israel, having 24.14% investment in M/s Big India Malls Pvt. Ltd., New Delhi (a construction development company) proposes to repatriate FDI by selling current undeveloped plots for lack of committed funding from LEHMAN (an existing shareholder) and additional funding from other shareholders. The company has also sought permission for waiver of the condition for completion of 50% of the project.

Construction and Development

3.    

M/s Cheekotel Venture Fund Private Limited, Delhi,

M/s Cheekotel Venture Fund Private Limited, Delhi, a domestic VCF company, has sought approval to issue equity upto 40% (of the voting rights) to foreign investors for making investment in M/s SME Capital Market Corporation Ltd. Delhi.

VCF

4.    

M/s SME Capital Market Corporation Ltd. Delhi,

M/s SME Capital Market Corporation Ltd. Delhi, presently a holding company, which proposes to make downstream investment in companies to engage in manufacturing, has sought approval for foreign investment in the company.

VCF

5.    

M/s Quantam Simulators  Pvt Ltd, New Delhi

Foreign companies proposes to set up a JV Company by name of M/s Quantum Simulators Pvt. (Investee Company), for simulation related IT services in defence sector with a foreign equity of 49 percent.

Defence

6.    

M/s IIFL Holdings Limited, Mumbai

Approval has been sought by M/s IIFL Holdings Limited, a NBFC company for increasing the foreign equity from 54.7% to 100% by way of issuing shares to FIIs.

NBFC