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of <h1>Singapore Subsidiary Gains Approval to Raise Stake in UTV Software to 100%, Boosting FDI by Rs. 8250 Crore.</h1> The Cabinet Committee on Economic Affairs approved a proposal by a Singapore-based subsidiary of a major entertainment company to increase its shareholding in UTV Software Communications Limited from 48.02% to 100%. This decision follows a recommendation from the Foreign Investment Promotion Board and is anticipated to bring foreign direct investment inflows of Rs. 8250 crore.
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