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13 FDI proposals worth Rs 657 cr approved |
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Finance Minister P Chidambaram has approved13 foreign direct investment proposals on the recommendations of the Foreign Investment Promotion Board that will bring in Rs 657.01 crore, including Rs 199 crore by US-based financial services provider Goldman Sachs.
The proposal of Goldman Sachs, a non-banking financial company, is for subscribing to preferential equity shares or compulsorily convertible preference shares.
Among the approved proposals, Bangalore-based logistics and courier service ...
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