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  • News From Press FIPB to take up Cholamandalam insurance, 15 other FDI proposals on April 5

    FIPB to take up Cholamandalam insurance, 15 other FDI proposals on April 5

    Source: DNA Mar 25, 2016

    The foreign investment promotion board at its meeting on April 5 will take up 16 FDI proposals, including that of Cholamandalam MS General Insurance Co and Indian Rotorcraft in the defence sector.

    FIPB, chaired by the Economic Affairs Secretary, will also consider the proposal of Gulf Quarry General Trading FZC which has sought an approval for investment in an Indian company that is yet to be incorporated.

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