Cabinet approves Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for undertaking downstream investment in Indian operating companies

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....abinet approves Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for undertaking downstream investment in Indian operating companies <br>News and Press Release<br>Dated:- 4-5-2017<br><B....

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....R>The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has given its approval for Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for foreign inve....

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....stment upto &#8377; 9000 crore (by on or before March 2025) from Twin Star Overseas Ltd., Mauritius. The investment will be through a combination of equity, compulsorily convertible debentures, compul....

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....sorily convertible preference shares and other FDl compliant instruments for undertaking downstream investment in Twin Star Display Technologies Ltd. and other Indian operating companies engaged in ac....

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....tivities eligible for receiving FDl on the automatic route. Foreign Direct Investment of upto &#8377; 9,000 crore will be received in the country (on or before March 2025) and will provide direct and....

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.... indirect employment to over 30,000 people.<BR> News - Press release - PIB....