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S. No.

Item No

Name of the applicant

Gist of the proposal

Sector

1

1

 HDFC Standard Life insurance Co. Ltd

Approval for transfer of its shares currently held by Housing Development Finance Corporation Limited (HDFC) to Standard Life (Mauritius Holdings) 2006 Limited, thereby increasing foreign shareholding in HDFCSLI from 26% to 35%.

Insurance

2

2

Tata Sikorsky Aerospace Limited

Approval has been sought for non- resident to non-resident transfer of 26% of the shares of Tata Sikorsky Aerospace from M/s United Technologies International Corporation - Asia Private Limited to M/s Lockheed Martin Global, Inc. (USA).

Defence

3

9

Jupiter Satellite lndia Limited

Approval has been sought for foreign investment upto 74% of total paid up capital of the applicant from Hughes Network System LLC, USA.

Satellite communication services

4

12

 Financial Times (lndia) Pvt Ltd

(i) Transfer of 99.99% of The Financial Times (India) Private Limited, to  Falstaff Singapore Pte Ltd, currently held by Pearson , Singapore for an aggregate consideration of SGD1
(ii) Transfer of 1 share of The Financial Times (India) Private Limited to Falstaff Singapore Pte Ltd, currently held by Pearson, Amsterdam
(iii) Transfer of entire shareholding of Falstaff Singapore Pte Ltd to Nikkei Inc, currently held by Pearson, Amsterdam for an aggregate consideration of SGD 77,80,000

Print media

5

14

Volvo Asset Finance lndia Pvt Ltd

an NBFC has proposed to offer operating lease to its customers, for which company has been advised to seek FIPB approval.

NBFC

6

19

Aviva Life lnsurance Co lndia Ltd

Approval has been sought by Aviva Life Insurance Company India Limited to increase the foreign shareholding from 26% to 49% by Aviva International Holdings Limited, UK by way of transfer of 23% shareholding currently held by Dabur Investment Corp.

Insurance

7

20

lndus Way Emerging Market Fund Series ll

Indus Way Emerging Market Fund Series II, a fund registered with SEBI has sought approval for :-
I. Accept contributions up to a limit of INR 160 crores from offshore investors into the Fund subject to AIF Regulations under the FDI route and to issue Class A units in the fund to the Offshore Investors.
II. Accept minimum capital commitments as per the SEBI(AIF) Regulations, 2012
III. Permit the Fund to make investments in securities of the Indian companies in which FDI is permitted,
IV. Permit the Fund to distribute income realized on its investment to the offshore investors under the automatic route

AIF

8

21

Ivy Cap Ventures Trust Fund ll

Approval has been sought by M/s IvyCap Ventures Advisors Private Limited (Investment Manager) on behalf of IvyCap Ventures Trust Fund II (Fund), which is registered as a Category I alternative investment fund to accept foreign direct investment into the Fund.

AIF

9

24

 Firefly Networks Ltd

Approval has been sought by M/s FireFly Networks Limited for approval of the existing foreign investment (50% indirect) and to permit commencement of activities as a Telecom Infrastructure Provider Category-I.

Telecom