New Delhi: Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 226th meeting held on 30th October 2015, the Government has approved 6 (six) proposals of Foreign Direct Investment (FDI) amounting to Rs. 1810.25 crore.
The following 6 (six) proposals have been approved:
The following 01 (one) proposal has been rejected:
No |
Item No |
Name of the applicant |
Gist of the proposal |
Sector |
1 |
4 |
Volkswagen Finance Private Limited |
Approval has been sought by Volkswagen Finance Private Limited with 100% existing foreign equity for investment in Indian government treasury bills and / or Indian government securities and / or liquid mutual funds and / or high quality corporate debt securities |
NBFC |
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.