Government Approves 16 Proposals of Foreign Direct Investment Amounting to About Rs.1646.875 Crore
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on May 10, 2013, the Central Government has approved sixteen (16) proposals of Foreign Direct Investment (FDI) amounting toRs.1646.875crore approximately. Details of Proposals considered in the Foreign Investment Promotion Board (FIPB)Meeting held on 10th May, 2013 are as follows: Following sixteen (16) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. In crore) 1 M/s BTI Payments Private Limited, Bangalore To set-up White Label ATMs, …