Financial Daily from THE HINDU group of publications
Tuesday, Sep 23, 2003
News
Features
Stocks
Port Info
Archives

Group Sites

 Industry & Economy - Foreign Direct Investment


Stanchart plan to invest in NDTV cleared

Our Bureau

New Delhi , Sept. 22

STANDARD Chartered Bank's proposal to invest Rs 52.88 crore in New Delhi Television (NDTV) was among the foreign direct investment proposals cleared by the Government on Monday.

The Minister for Finance and Company Affairs, Mr Jaswant Singh, cleared 18 FDI proposals involving a total FDI worth Rs 118.93 crore.

GMR Vasavi Group's plan to invest Rs 35 crore in GMR Power Corporation for setting up a 200 MW HFO/LSHS power plant has also been cleared.

Shell International has also also got the green signal from the Minister for setting up a wholly-owned subsidiary with an investment of Rs 14 crore for manufacturing and marketing of specalty grade bitumen.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Award for ICSI (Madurai) unit

More World Bank funds likely for infrastructure, social schemes
CM launches Marina Beach beautification
`Tap potential of sub-Saharan Africa market'
Bengal keen on availing aid from overseas institutions
Jaitley, Shourie to discuss SC ruling on oil PSUs
GE, Bechtel file $1.2-b claim against Govt
Attorney General's views sought
Chhattisgarh to have steel plant
Net direct tax collections up 4 pc in Apr-Sept
FICCI to hold meet on tax issues
KCCI urges VAT implementation in States on single day
TN: TU panel seeks 15-30% bonus for textile workers
TN textile unions in fix over demands
Eastern Coalfields likely to come out of BIFR net — Outsourcing production to bring revenues
Star News files fresh papers for uplinking
Student-enabling projects in science being launched in Kerala
`Strengthen IPR norms to lure venture funds into biotech'
ISRO says 2-tonne satellite a safe bet
Insat 3E all set for Sunday launch
Walt Disney seeks nod for setting up arm
Stanchart plan to invest in NDTV cleared
Boeing seeks approval for own subsidiary
Nabard plans to tap postal network to aid SHGs
Govt chalks out rural water scheme
GIS application
Centre to help FCRI to be centre of excellence
TIE meeting on entrepreneurship tomorrow
CII meet on herbal industry next month
Meet on ethanol on Sept 26
Hyderabad engagements
Edible oil imports seen firm
UAE Central Bank offers help in curbing money laundering

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line