"From July 1 to August 31, the Department of Economic Affairs has given nod to six FDI proposals of Rs 503.40 crore," a Finance Ministry statement said here.
The AMP Solar India's proposal involve FDI of Rs 500 crore and Firstspace Development Management's Rs 8.5 lakh FDI.
CVC Asia's approved proposal involved an FDI of Rs 3.32 crore for setting up an investment advisory entity exempt from registration with Sebi.
The Aditya Birla Capital does not involve any fresh FDI, the statement said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.