FIPB MEETING HELD ON 31.07.2000 (No.24/2000)
Cases approved as per Press Release dt. 11.08.2000
| S.No. | Name of the applicant | Activity | Percentage of FDI/NRI equity | FDI/NRI
Amount (Rs. In crore) |
|||||||||
| 1. | M/s.Polypeptide Laboratories BV.,The Netherlands | Mfr. of high value intermidates for pharmaceutical industry | 100% | 3.00 | |||||||||
| 2. | M/s. Acquazur India Ltd | Formulation and Commercialisation of speciality chemicals | Addition of another F.C.and increase in equity from 70% to 100% | 1.50 | |||||||||
| 3. | M/s. Haran Jewellers | Trading in gold jewellery | 100% | 0.1 | |||||||||
| 4. | M/s. Srinala Leathers India Pvt Ltd | Processors, importers, exports etc, of all kinds of leather, hides and skins for all applications | 80% | 0.40 | |||||||||
| 5. | M/s. Unimark Remedies Ltd. | Mfr. Of bulk drugs and providing logistical and distribution services to major multinational companies | 45% | 4.00 | |||||||||
| 6. | M/s. Vysya Bank Ltd. | Commercial Banking Activities | upto 30% | 42.48 | |||||||||
| 7. | M/s. Ritechoice Technologies Pvt. Ltd | Catering Software Solutions to the financial and stock market | Increase from 26.58% to 39.93% | 8.70 | |||||||||
| 8. | M/s. Thaqdees Hospitals Ltd. | establishing a multi super specialities hospital, nursing college, institution for rehabilitation of dumb and deaf and blind etc. | Extn. of validity of FC approval | No fresh inflow involved | |||||||||
| 9. | M/s. Lombardini S.r.l. | Mfr. and Mktg. Of portable diesel and gasoline internal combustion engines of indl. Automotive and agricultural use | 100% | Amount of FDI to be intimated by the applicant later. | |||||||||
| 10. | M/s. Denso India Ltd. | Mfr. of Electrical automotive parts such as starters and alternators | Payment of fee to foreign collaborator(Tech. Agreement) | No fresh inflow involved | |||||||||
| 11. | M/s. MMD (India) Pvt. Ltd | Heavy Duty Mineral sizers/crushers and ancillary equipment for coal, limestone and other minerals | Conversion
of Non-Repatriable equity into Repatriable (Expn. Of activities) |
No fresh inflow is involved | |||||||||
| 12. | Dr. Willamar Schwabe India Pvt. | Mfr. And distribution of Homeopathic and Herbal Medicines | Increase from 85% to 100% | 10.00 | |||||||||
| 13. | M/s. Herbomin Himalayas Ltd | Export of herbal extracts | F.E.
- 30% + NRI Equity - 30% |
0.30 | |||||||||
| 14. | M/s. Intel Technology India Pvt Ltd | Sales and mktg. Support division for selling and mktg. Intel products etc. | Expn. Of activity and Expn. Of capital base | 169.00 | |||||||||
| 15. | M/s. Siemens Nixdorf Information Systems Ltd | Mfr. Of personal computers and UNIX server | Amendment in the existing FC approval | No fresh inflow involved | |||||||||
| 16. | M/s. BPL AFX Information Services Pvt Ltd | Offering web-based real-time financial information services to subscribers in India | 49% | 0.49 | |||||||||
| 17. | M/s. Zee Sites India Pvt Ltd | Design, develop & maintain job portals on the internet and other software services | 100% | 1.00 | |||||||||
| 18. | M/s. Bertek smann Marketing Services India Pvt Ltd | Software Development | 51% | 0.10 | |||||||||
| 19.. | M/s. Usha Gupta | Software Development Data Processing | Increase
in equity in 6.47% to 12.93% |
1.00 | |||||||||
| 20. | M/s. RGC Mining Pvt Ltd | Exploration of mineral sands in India | Extn. Of validity of FC approval | No fresh inflow involved | |||||||||
| 21. | M/s. Ras Laffan Liquefied Natural Gas Company Ltd, Qatar | Setting up of LNG receiving facilites | 10% | 430.00 | |||||||||
| 22. | M/s. Enron International, USA | To develop, construct and own low and medium pressure nature gas pipelines to transport natural gas | down stream investment | 100.00(initially which may go upto 256.00) | |||||||||
| 23 | M/s. Palem Holdings Pvt Ltd | Providing international standards in the sectors of Global logistic and transportation industry etc. | 77% | 7.70 | |||||||||
| 24. | M/s. Li Foong Rahul Engineers and Contractors Pvt Ltd | To undertake construction, contracts of commercial, Indl. Hospitality related and infrastructure projects on turnkey basis | Termination of existing JV of 50:50 and approval for 100% | 0.24 | |||||||||
| 25. | M/s. Global Electroteks Pvt. Ltd. New Delhi | ISP | 49% | 0.49 | |||||||||
| 26. | M/s. Ericsson Communications Pvt Ltd | Mfr. Installation, technical services/support, establishment of regional software development and training | Merger of subsidiaries subject to approval from Court | No fresh inflow involved | |||||||||
| 27. | M/s. L.G. Information Systems & Communications Ltd | Mfr. Of public switching systems,,wireless local loop systems CDMA terminals and other termission products | Increase from 54.52% 100% | 0.01 | |||||||||
| 28. | M/s. n-Louge Communications Pvt Ltd | ISP | 10% | 4.50 | |||||||||
| 29. | M/s. Dhanlaxmi Fabrics Ltd | Textile Process home for processing of cotton rayon and hosiery fabrics | Extn. to the validity of FC approval | No fresh inflow involved | |||||||||
| 30. | M/s. Kumarakom Lake Resort (P) Ltd | Establishment of a Heritage Tourist Resort | Increase in equity from 36% to 56.46% | 4.75 | |||||||||
| 31. | M/s. Euro RSCG Advertising Pvt Ltd | Providing entire range of communication services | Amendment in FC approval for undertaking downstream venture | No fresh Inflow involved | |||||||||
| 32. | M/s. Babcock Borsig Power Systems Ltd /SCS) | Mfr of energy recovery systems like waste heat recovery etc. | Increase in foreign equity of 78% 90% | 6.31 | |||||||||
| 33. | M/s. BHEL-GE Gas Turbines Services Pvt Ltd | setting up of heavy duty gas turbine repair and engineering services facility | Extn. Of validity of FC approval | No fresh inflow involved | |||||||||
| 34. | M/s. KLF - TNO Safety Technology Pvt Ltd | Providing services in the area of Industrial safety, risk management and environment protection | Increase in equity from 50% to 66.67% | 0.20 | |||||||||
| 35. | M/s. VXL Landis & GYR Ltd. | Mfr, calibration, assembly, sale and service of house service and specialized KWH meters and electronic tariff registers etc. | Increase from 74% to 87.26% | No fresh inflow involved | |||||||||
| 36. | M/s. BSH Home Appliances Pvt. Ltd. | Mfr, mkt, trade in the entire range of white goods | Extn. for test marketing | No fresh inflow involved. | |||||||||
| 37. | M/s. Volclay International, USA | Mining and processing of Bentonite and Mfr. Of clay products based on bentonite | Increase from 20.04% to 25.04% | Not indicated since acquisition is from the stock market | |||||||||
| 38. | M/s. Kaizen Institute (India) Pvt. Ltd. | Management consultancy services | 67% | 0.035 | |||||||||