FIPB MEETING (No.19/2000)

DATED 12.06.2000



S.No

Name of the applicant

Activity

 Percentage of FDI/NRI equity FDI/NRI Amount

(Rs. In crores)

1 M/s. Hybrid Rice International Ltd Agricultural research, growing, raising, processing and selling of high yielding hybrid paddy seeds Change in special condition No inflow involved
2 M/s. Max G.B. Ltd Mfr of Bulk drugs Increase in equity from 50% to 74.9% by way of

Conversion of debentures into equity

 25.31
3 M/s. MCCPTA India Corporation Ltd Mfr, mktg, sale and distribution of purified terephthalic acid permission for additional lumpsum payment No fresh inflow involved
4 M/s. Cadillac Plastics Pacific Group Pty Ltd., Australia To undertake production, manufacture, conversion and distribution of semi-finished products of plastics 100% 0.018
5 M/s. Quintiles Transnational, USA Clinical Research 50% 0.32
6 M/s. Stiefel Laboratories Inc., Mfr & Distribution of dermatological products 74% 3.33
7 M/s. Salomon Brothers Holding Company, Inc., USA NBFC activities 75% 2.15
8 M/s. Satyam Computer Services Ltd Software Development ADS Issue 1700
9 M/s. Bruker AG., Switzerland Mktg, installing & servicing of sophisticated scientific equipments 100% 0.18
10 M/s. South African Breweries Ltd Setting up of a holding investment company to make investments in the Brewery sector Permission for down stream investment No fresh inflow involved
11 Note reg. M/s. Himalaya International Ltd (SIA No.EO:521/93) Mushroom Canned fruits & vegetables 5.96% 1.04
12 M/s. SM-Cyclo of India Pvt Ltd Mfr. Gear less speed reducers and other mechanical power transmission products Expansion of activities No fresh inflow involved
13 M/s. Schwing Stetter (India) Pvt Ltd Design, mfr and mkt construction machinery Amendment in activity clause No fresh inflow involved
14 M/s. News Television (India) Pvt Ltd Sourcing & exporting of commercial/ television programme software, cinematograph films etc. Change in the foreign collaborator 11
15 M/s. Samsung India Electronics Ltd Mfr of washing machines, air conditioners, etc Expansion of Activities No inflow of FDI
16 M/s. Hotline Wittis Electronics Ltd Electronic Tuner and Inductor Coil Expansion of Activities No additional Inflow
17 M/s. Netbase Computing (I) Ltd Software development 10% 0.075
18 M/s. Accel ICIM Systems & Services Ltd Software development 5% 6.50 inclusive of premium
19 M/s. IMI Software Ltd Software development 27% 2.5
20 M/s. India.com Inc., USA Software development 100% 4.48
21 M/s. Global Groupware Solutions Pvt Ltd Software development 10% 4.32
22 M/s. Lucent EN International LLC, USA Software development 100% 0.99
23 M/s. Albion Solutions Pvt Ltd Software development 93.70% 16.62
24 M/s. Idea 2 net Inforsys Pvt Ltd Software development 96.25% 0.19
25 M/s. ECOMM IT Labs Pvt Ltd Software development 99.80% 0.01
26 M/s. GVK Industries Ltd To set up and operate 235MW mixed fuel combined cycle gas based power plant Expansion to validity of FC approval No inflow involved
27 M/s. Hughes Ispat Ltd Cellular Mobile Telephone Services and Basic Telecom Services Inclusion of additional subscriber of the foreign equity No additional Inflow of FDI involved
28 M/s. Bharti Cellular Ltd Cellular Mobile Telephone Services Expansion of activity No additional inflow
29 M/s. Communications Ventures India Pvt Ltd To provide value added telecom software services 22% 8
30 M/s. Libra Advisors LLC., USA Telematic services, software development services etc 49% 1.6
31 M/s. Adnova Technologies Pvt Ltd Business of Internet portal 54% 4.7
32 M/s. Jaamba Entertainment Pvt Ltd Entertainment Canters 100% 2
33 M/s. Interplex Electronics India Ltd Gold/Silver flashed/alloyed/plated contacts for piece of relays & switches, relays connectors & switches components. Permission for issue of preference shares 3.6
34 M/s. Turner International India Pvt Ltd To engage in trading activities for accessing the vast library of turner & time warner group films in India Expansion in activity clause No inflow involved
35 M/s. MSA (India) Ltd To mfr various mine safety pollution control equipments Increase from 48.50% to 50% 0.005
36 M/s. Goodlass Nerolac Paints Ltd To mfr of Paints and coatings Increase from 64.52% to 66.51% 0.305
37 M/s. Armstrong World Industries Ltd., UK Production, mfg,& mktg of Vinyl flooring tiles & sheets 100% 0.36
38 M/s. Eastern King Granites Cut cranite size blocks 48% 0.12