Department of Economic Affairs, Ministry of Finance disposed of two FDI proposals involving foreign investment worth 532 crore in December, 2017

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....epartment of Economic Affairs, Ministry of Finance disposed of two FDI proposals involving foreign investment worth 532 crore in December, 2017 <br>News and Press Release<br>Dated:- 4-1-2018<br><BR>Du....

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....ring the month of December 2017, the Department of Economic Affairs (DEA), Ministry of Finance has disposed of two FDI proposals involving foreign investment of &#8377; 532 crore. Details are as foll....

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....ows: The following two (02) proposals have been approved: S. No Name of the applicant Gist of the proposal FDI (Rs. in crore) 1 M/s Metaffinity Pvt Ltd (4520) Approval sought for foreign inves....

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....tment of upto 49% in the form of non-voting equity shares by two foreign investors, viz. M/s Canada Pension Plan Investment Board and M/s Pantheon-HK Project Universe, LP, in Metaffinity Private Limit....

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....ed, an investment holding company, which will make downstream investment in Religare Health Insurance Company Limited, an Indian company engaged in health insurance business. 532.00 (approx.) 2 M/....

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....s SMAS Auto Leasing India Pvt Ltd To undertake financial lease business in addition to the existing operating lease business. Nil<BR> News - Press release - PIB....