Acquisition of 51% shareholding by M/s. ATC Asia Pacific Pte. Ltd., Singapore in M/s. Viom Networks Ltd.

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....cquisition of 51% shareholding by M/s. ATC Asia Pacific Pte. Ltd., Singapore in M/s. Viom Networks Ltd. <br>News and Press Release<br>Dated:- 6-4-2016<br><BR>The Cabinet Committee on Economic Affairs,....

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.... chaired by the Prime Minister Shri Narendra Modi, has given its approval to the proposal of M/s. ATC Asia Pacific Pte. Ltd. Singapore for acquisition of 51% of shareholding in M/s. Viom Networks Limi....

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....ted by way of transfer from existing shareholders. The approval would result in a total foreign direct investment inflow of &#8377; 5,856.51 crore into the telecom infrastructure of the country which....

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.... will spur economic growth, besides fostering inclusiveness and equity.<BR> News - Press release - PIB....