The government on Thursday said it has approved three Foreign Direct Investment (FDI) proposals amounting to Rs.135.84 crore, based on Foreign Investment Promotion Board (FIPB) recommendations.
The approved proposals were from Scalene Works People Solutions LLP, GVK Biosciences Pvt Ltd and GMS Pharma (Singapore) Pvt Ltd.
Nine proposals - from HDFC Standard Life Insurance, Tata Sikorsky Aerospace, Jupiter Satellite India, Financial Times (India) Pvt Ltd, Volvo Asset Finance lndia, Aviva Life lnsurance, Indus Way Emerging Market Fund Series ll and Firefly Networks - were deferred, while CAN Cable Pvt Ltd's proposal was the lone one rejected.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app