FIPB MEETING (No.21/2000)

FIPB Approvals as per Press Release dt. 21.7.2000

 

S.No

Name of the applicant

Activity

Percentage of FDI/NRI equity

FDI/NRI Amount

(Rs. In crores)

1

M/s. Shree Krishna Ultramarine & Chemicals Ltd

Mfr. of pigments and ultramarine blue

Increase from 94.30% to 100%

1.2

2

M/s. Dow Chemical (India) Ltd

Establishing a 100% Holding company for the DOW Group=s Investment in India

Expansion of activities

6.6

3

M/s. AtRo Ltd

To engage in the business of trading agrochemicals used as herbicide.

Change in terms of Tech. Agreement

No inflow involved

4

M/s. Science Aids.com Pvt Ltd

E-commerce software solutions

405

4.8

5

M/s. ElectraPartners Asia Pvt. Ltd.

NBFC activities

100%

2.23

6

M/s. HealthQix.com(India) Pvt Ltd

Health & Medical services

100%

0.05

7

M/s. Delphi Automotive Systems Ltd

Mfr. of Automotive components, brakes etc.

Permission for test marketing

No inflow involved

8

M/s. Myrics Piping Systems Pvt Ltd (Pipe Supports India Pvt Ltd.)

Design, Mfr. and Mktg. Of Pipe support materials etc.

Amendment

in terms of Tech. Collaboration Agreement

No inflow involved

9

M/s. Al Hind TV Ltd

Production of serials with latest technology

F.E + NRI Equity = 20%

20.00

10

M/s. Falak TV Ltd

Production of serials with latest technology

F.E + NRI Equity = 20%

20.00

11

M/s. Maya Entertainment Ltd.

Generation of computer graphics etc.

18.75%

3.00

12

M/s. Planetasia. com Ltd

expansion of business opportunities in the field of providing Internet business solutions

Increase from 36% to 46%

0.073

13

M/s. Audiovortex (India) Pvt. Ltd.

Build global business-to-business portal

100%

4.4

14

M/s. Texportal Com Pvt. Ltd.

To building global business-to-business portal

100%

4.4

15

M/s. Asia World Online Inc. British Virgin Islands

Hosting E-commerce, advertisement, designing and hosting web sites etc.

100%

1.8

16

M/s. Mindtrac.com India Pvt Ltd

E-commerce activities

99.99%

4.5

17

M/s. Ariba Inc., USA

E-commerce solutions for all strategic segments of business-to-business, e-commerce etc.

100%

0.7

18

M/s. Empowertel Networks India Pvt Ltd

Computer software

100%

6.88

19

M/s. Pennozoil Products

Blending, Mfg. And Mktg. Of comprehensive line of branded motor oils and related industrial and commercial lubricating products

Amendment in existing FC approval

No fresh inflow involved

20

M/s.Wartsila NSD Corporation, Cayman Islands

Setting up of a Power Project

100%

200.00

21

M/s. GVK Power (Ratlam) Pvt Ltd

Setting up of a Power Project

100%

200.00

22

M/s. Noida Toll Bridge Co. Ltd

Construction of the BoT Bridge project across the river Yamuna

amendment in existing FC approval

No inflow involved

23

M/s. Mitsui O.S.K. Lines Ltd

Recruitment and training and maintaining a pool of seamen

Increase from 50% to 100%

0.025

24

M/s. Adani Wilmar Ltd

Solvent extraction of oil seeds

Amendment in existing FC approval

No fresh inflow involved

25

M/s. Essar Commvision

Basic Telephone Services

Expansion of activities

No inflow involved

26

M/s. Emmsons Infotech Ltd

Provide Internet Services

49%

2.45

27

M/s. TBZ Holdings S.A. Switzerland

Market & sell T-shirts and other knitwear

55%

0.55

28

Ms. Geertruda M.J. Verleg

export of various products of Textile made ups, garments etc.

100%

0.01

29

M/s. Portman Holdings, USA

Setting up of mixed use complexes for downstream activities

 

 

215.00

30

M/s. Meko Group Holding Ltd

To provide information on internet regarding prospecting and real estate

100%

2.21

31

M/s. Timex Watches Ltd

Mfr. of Quartz Analogue Watches

Allotment of shares of Preferential basis

22.00

32

M/s. Merloni Termosanitari

Mfr. and sale of water heater, non-electric water heater, geysers etc.

Expn. of activities

No fresh inflow involved

33

M/s. Watson Wyatt Hong Kong Ltd

Consultancy services in the areas of HRDs

Increase from 70% to 100%

0.65

34

M/s. Cactus Imaging India Ltd.

To do business in large format digital imaging solutions

50%

4.00

35

M/s. Herion Fluidtronic (P) Ltd

Mfr and sale of various designs of valves & accessories

Increase from 51% to 100%

0.046