Read
Listen
Watch
Play
Find
Mail

  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos
  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Ads by Google
Moneycontrol.com >> Message Board >> View Messages >> Business Talk
   You are here :     Moneycontrol     MMB      General      Business Talk
India approves foreign investments worth (3)   07-Jul-08 07:48Tracked by (0)  
Posted by:   dineshsahay on ( 07-Jul-08 07:48 )
Fri, Jul 4 06:24 PM
India approves foreign investments worth 8 mln
NEW DELHI (Reuters) - India on Friday cleared 28 foreign direct investment proposals totalling 13.28 billion rupees (8 million), including those of Marks & Spencer and a joint venture involving EID Parry (India) Ltd.

British retailer Marks & Spencer has been permitted to bring in 51 percent of FDI for single-brand retail operations, the finance ministry said in a statement.

Parryware Roca, an equal joint venture between EID Parry and Spain\\`s Roca to produce sanitary products, was permitted to increase foreign holdings to 100 percent from 50 percent, with an investment of 7.41 billion rupees, the government said.

EID Parry said in April it would sell 47 percent of its stake in the venture for 111.15 million euros (4.5 million).

(1 euro = .57)

dinesahay

Feedback

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT

More from General

Politics  |   News Now  |   Odd One Out  |   Quotable quotes  |   Sports/Hobbies/Contests  |   Business Talk  |   Grievances  |   Debates  |   Movies  |   Ideas From You

Poll 

Is this a victory as the Cong says or a surrender as the Left says? What do you think?

Victory Surrender Undecided  
 
View Result  View all comments
To SMS your queries to us Type YS < Your query > SMS to 52622
Stocks to be discussed next:
  Deccan Aviation  |  Austral Coke  |   Alembic  |   Noida Toll Bridge  |   Axis Bank  |  Ranbaxy  |
 view all queries »
Boarder Circle
Platinum
Gold
Silver
Newbie
Popular Boarders 7days
India_bulls
179
radhika_nandlal
173
joetom
145
flashstock05
144
zoombusiness
109
All Time
more
Top Tracked 7days
joetom
823
India_bulls
820
KotakInvestment
724
marketman
687
flashstock05
559
All Time
more
Prolific Boarders 7days
9975797577
307
zoombusiness
299
vkk43
279
radhika_nandlal
276
All Time
more