Ghir Investments' investments in India approved

10 years, 1 month ago - March 24, 2011

The Foreign Investment Promotion Board, the agency that approves foreign investments in India, approved 14 proposals from companies.

The board approved 12.89 billion rupees worth of investments, including that of Mauritius-based Ghir Investments, which proposes to infuse equity worth 5.3 billion rupees into an investment company.

Five proposals were rejected and 27 deferred. These actions were taken at the FIPB meeting on March 11 in New Delhi.

 

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