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Tuesday, Mar 30, 2004

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Ma Foi clarifies

This is with reference to "Private companies too attract FDI slice" (Business Line, March 21): Under the tabulation "FDI flows in privately-held companies over the past four months," the FDI investor in Ma Foi Management is mentioned as Mr Appachi Subramaniam. We would like to place on record that the investor is Vedior Asia BV.

Hemalatha Rajan

Whole-time Director

Ma Foi Management Consultants

Business Line replies:

According to the Ministry of Finance's Web site that provides details of FDI, Mr Appachi Subramaniam is listed as the investor in Ma Foi Management Consultants.

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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