TaxTMI 
TaxTMI 
Department of Economic Affairs disposes three (3) FDI proposals aggregating to foreign investment of 24.56 crore during October 2017
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....epartment of Economic Affairs disposes three (3) FDI proposals aggregating to foreign investment of 24.56 crore during October 2017 <br>News and Press Release<br>Dated:- 2-11-2017<br><BR>During the mo....
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....nth of October 2017, the Department of Economic Affairs has disposed of three FDI proposals aggregating to foreign investment of ₹ 24.56 crore, as per details attached. The following two (02) p....
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....roposals have been approved: S. No Name of the applicant Gist of the proposal FDI (Rs. in crore) 1 Sterling Commerce Solutions India Pvt Ltd The applicant being an investing company had sought ....
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....approval for issue of shares to the shareholders of three wholly owned subsidiaries of IBM India Pvt Ltd upon their merger with the applicant. 24.56 2 Arval India Pvt Ltd To undertake the activity....
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.... of financial lease in addition to the current activity of operating lease. Nil The following one (01) proposal has been returned to the applicant, as it is premature: S. No Name of the applican....
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....t Gist of the proposal 1 Ivanhoe India Equities Inc. To provide investment advisory services to overseas entities by a yet to be incorporated Indian investee company.<BR> News - Press release - PI....
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....B....