Thursday, 4 May 2017

CCEA approves foreign investment proposal worth Rs 9,000 crore

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The central government on Wednesday approved a foreign direct investment (FDI) proposal of up to Rs 9,000 crore. The decision to approve the foreign investment proposal of Twin Star Technologies was taken by the Cabinet Committee on Economic Affairs (CCEA), whose meeting was chaired by Prime Minister Narendra Modi. According to the CCEA, the Rs 9,000 crore investment in the name of Twin Star Technologies will be made on or before March 2025 from Twin Star Overseas, Mauritius.

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