NRI Real Estate and Property Investment in India
 |  WWW.NRIREALTYNEWS.COM
 
Finance Ministry Approves 17 New FDI Projects
Wednesday, June 13, 2007

A fresh round of FDI approvals came in from the Finance Ministry on Tuesday, upon the recommendation of the Foreign Investment Promotion Board. All of 17 FDI projects were cleared, involving an investment of Rs. 122.3 crore.

The FDI approvals include projects by Starlight Real Estate and Carlson Hotels. The latter’s Asia Pacific division will set up a joint venture with Elbrus Builders, Unitech and Lavenders for a hotel in Noida at an equity investment of Rs.2.6 crore.

Starlight Real Estate will utilize the start-up capital of Rs.42 crore to invest in hotels, hospitals and SEZs in India.

Other proposals accorded approval include First Flight Couriers, Quipo Telecom Infrastructure, Kerstin Rohrig Bendrof, Amalgamated Plantations, Shantha Biotechnics Delta Energy Systems, Nord Drive Systems, Value Source Technologies, I-Velozity, Inverness Medical Innovations, Khanna Speciality Retail and Distributors and DE Shaw Composite Investment.

Related Readings

17 FDI Proposals Meet FIPB Approval
Cabinet Approves Largest FDI in PSU refinery
FDI Welcome in Indian Infrastructure Sector
Kerala Seeks Foreign Investment
Indian Government Clears 23 FDI Proposals
Single cap for FDI, FII on the cards

Add to your Social Bookmarks:
ADD TO DEL.ICIO.US ADD TO DIGG ADD TO FURL ADD TO NEWSVINE ADD TO NETSCAPE ADD TO REDDIT ADD TO STUMBLEUPON
ADD TO TECHNORATI FAVORITES ADD TO SQUIDOO ADD TO WINDOWS LIVE ADD TO YAHOO MYWEB ADD TO ASK ADD TO GOOGLE  

Related Websites
Personalized Gifts
Personalized newspaper headlines & personalized book jackets make great personalized gifts for any occasion: anniversary gifts, boss gifts, unusual birthday gifts, engagement gift, retirement gag gift, employee gift, client appreciation gift, etc.
Pheasant Hunting
Midwest premier hunt club and kennel in the scenic Loess Hills with close to 10,000 acres of prime hunting ground, the natural habitat provides unlimited challenges for groups of all sizes.
Alaska Halibut Fishing
Exhilarating Alaska fishing charters for trophy salmon, halibut and giant lingcod. Master Guide Steve Zernia gives all out effort. Experience heart-pounding sportfishing action.
Rogue River Salmon Fishing
Rogue River Salmon and Steelhead Fishing. Southern Oregon Steelhead Fishing on the Rogue, Chetco, Elk and Sixes River, drift boat and powerboat trips. Owner Name Denny Hughson
 

 

Return to India

NRI INSURANCE

NRI SERVICES

 

Indian Cities Guide

DELHI   NOIDA   GHAZIABAD
         
GURGAON   MUMBAI   AHMEDABAD
         
KOLKATA   CHENNAI   HYDERABAD
         
BANGALORE   PUNE   CHANDIGARH
         
..More cities »
NRI Communities in Different Countries  
Indian Embassies & Consulates in Different Countries
 
NRI Newsletters  
NRI Feeds - Syndications