S. No
|
Item No
|
Name of the
applicant
|
Gist of the
proposal
|
Sector
|
FDI (Rs.
crore)
|
1
|
3
|
M/s Atria Convergence Technologies Private Limited
|
Approval
has been sought for: (i) Transfer of 0.99% of shares currently
held by resident shareholders to the existing foreign investors M/s Argan
(Mauritius) Limited, Mauritius and M/s TA FVCI Investors Limited, Mauritius
and
(ii)
Acquisition of up to 100% shares of the investee company by the foreign
investors M/s Argan (Mauritius) Limited and TA FVCI Investors Limited, in
future depending upon the exigencies of the remaining Indian resident
shareholders.
|
Telecom
|
35.00
|
2
|
8
|
M/s Venus Aesthetics LLP
|
Approval
has been sought for extension of additional 60 days time period to apply for
compounding with RBI, which was lapsed at the time of making application to
RBI by the applicant.
|
LLP
|
Nil
|
3
|
10
|
Dr. Reddy’s Laboratories Limited
|
Post
facto approval has been sought for grant of 1,05,808 ESOPs
|
Pharma
|
0.05
|
4
|
11
|
M/s Franklin Templeton Asset Management India Private Ltd
|
Post
facto approval has been sought for downstream investment into M/s MF
Utilities India Private Limited, which is registered with SEBI for acting as
registrar to an issue in Category II (to carry on the activity either as a
registrar to an issue or as a share transfer agent).
|
Financial
Services
|
No fresh
inflow
|
5
|
14
|
M/s Solairedirect Energy India Pvt. Ltd (SD India)
|
SD
India, a wholly owned subsidiary of Solairedirect, SAS, France has sought
approval for discontinuing its current activities of Engineering,
Procurement, and Construction and Operation and Maintenance Business, and to
act only as an investing company in terms of Paragraph 3.8.3.1 of the extant
FDI Policy.
|
Investing
Company
|
Nil
|
6
|
19
|
M/s JCDecaux Advertising India Private Limited
|
M/s
JCDecaux Advertising India Private Limited, an existing foreign owned
company, presently engaged in the activity of Out-of-Home advertising, has
sought approval for expansion of its business into telecom sector as a
telecom infrastructure service provider.
|
Telecom
|
35.00
|
7
|
22
|
M/s You Broadband India Limited
|
Post
facto approval has been sought for acquisition of 9,79,875 equity shares of
its downstream company M/s Digital Outsourcing Private Limited (DOPL) in lieu
of issue of 20,58,759 equity shares to its resident shareholders by way of
swap of shares.
|
Telecom
|
No fresh inflow
|
8
|
23
|
M/s Netmagic Solutions Private Limited
|
Approval
has been sought for increase in the foreign shareholding of the company from
81.63% to 100% by NTT Communications Corporation, Japan
|
Telecom
|
533.83
|
9
|
24
|
M/s Vodafone India Limited
|
Approval
has been sought by Vodafone India Ltd, a 100% foreign owned company, for
acquisition of 100% shares M/s You Broadband India Limited by way of transfer
from resident shareholders and non-resident shareholder
|
Telecom
|
55.09
|
S. No
|
Item No
|
Name of the
applicant
|
Gist of the
proposal
|
Sector
|
FDI (Rs.
crore)
|
1
|
5
|
M/s Apollo Hospitals Enterprise Limited
|
Approval has
been sought by M/s Apollo Hospitals Enterprise Limited for: (i) Grant of a
‘reasonable period of time’ to finalize & implement the proposed transfer
of retail part of the pharmacy business of company in compliance with FDI
Policy (ii) Deletion of the direction to apply to RBI for compounding as past
foreign investments in the company have been with government approval and
(iii) Permission to proceed with proposal for foreign investment through
issue of fresh equity shares to the existing shareholders on a rights basis
of upto Rs. 750 crore subject to foreign shareholding in the Company not
exceeding the existing percentage of foreign investment in Company; proceeds
to be used solely for their hospital business.
|
Pharma
|
750.00
|
2
|
18
|
M/s Twin Star Technologies Limited
|
M/s Twin
Star Technologies Limited, a wholly owned subsidiary of M/s Twin Star
Overseas Limited, Mauritius, has sought approval to act as an investing
company for undertaking downstream investments in its 100% subsidiary
company, M/s Twinstar Display Technologies Limited and other Indian companies
engaged in activities eligible to raise foreign investment under automatic
route.
|
Investing Company
|
9000.00
|
3
|
21
|
M/s Flag Telecom Singapore Pte Limited
|
M/s Flag
Telecom Singapore Pte Limited, Singapore an indirect wholly owned subsidiary
of Reliance Communications, India, has sought approval to acquire 100% shares
of M/s Reliance Global Cloud Xchange Limited.
|
Telecom
|
789.00
|