$\"\"$ NEW DELHI: The Cabinet will tomorrow consider UK-based telecom player Vodafone's Rs 10,141 crore foreign investment proposal to buy out minority shareholders in its Indian arm.
\n
The proposal of CGP India Investment Ltd for increasing foreign equity in Vodafone India Ltd<\/a> is listed on the agenda for the meeting of Cabinet Committee on Economic Affairs, sources said.
\n
The Foreign Investment Promotion Board had on December 30, 2013, cleared the proposal of CGP India, an indirect Mauritian subsidiary of Vodafone International Holdings BV<\/a>, to hike stake to 100 per cent from the present 64.38 per cent.
\n
\nSince the proposal was worth more than Rs 1,200 crore it had to be referred to the Cabinet.
\n
\nThe telecom major, which holds a 64.38 per cent stake in the Indian unit, will buy remaining outstanding shares from minority shareholders like Ajay Piramal and Analjit Singh.
\n
\nPiramal holds an 10.97 per cent stake in India's second- largest telecom company by subscribers, while Singh, who is Vodafone India's non-executive chairman, holds 24.65 per cent.
\n
Vodafone Group Plc<\/a> will pay Analjit Singh Rs 1,241 crore and Piramal Enterprises Rs 8,900 crore for their stakes in Vodafone India as part of the proposal.
\n
\n\n<\/body>","next_sibling":[{"msid":29913491,"title":"Bids of around Rs 50,000-cr received: Government","entity_type":"ARTICLE","link":"\/news\/policy\/bids-of-around-rs-50000-cr-received-government\/29913491","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":29934408,"entity_type":"ARTICLE","title":"CCEA to consider Vodafone's Rs 10,141 cr FDI proposal today","synopsis":"The Cabinet will tomorrow consider Vodafone's Rs 10,141 crore foreign investment proposal to buy out minority shareholders in its Indian arm.","titleseo":"policy\/ccea-to-consider-vodafones-rs-10141-cr-fdi-proposal-today","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2014-02-06 09:42:54","lastupd":"2014-02-06 09:44:38","breadcrumbTags":["Vodafone India Ltd","policy","M&A","Vodafone Group Plc","Vodafone International Holdings BV","FDI","Tax"],"secinfo":{"seolocation":"policy\/ccea-to-consider-vodafones-rs-10141-cr-fdi-proposal-today"}}" data-authors="[" "]" data-category-name="Policy" data-category_id="19" data-date="2014-02-06" data-index="article_1">

政策

协作组考虑沃达丰的Rs 10141 cr今天FDI的建议

内阁明天将考虑沃达丰10141卢比外国投资提议收购少数股东在其印度业务。

PTI

更新于2014年2月6日09:44点坚持

新德里:明天的内阁将考虑英国电信玩家沃达丰10141卢比外国投资提议收购少数股东在其印度业务。

本金保证产品的建议印度增加外资股权投资有限公司沃达丰印度有限公司上市议程上的经济事务内阁委员会的会议,消息人士说。

外国投资促进委员会12月30日,2013年,印度清除本金保证产品的建议,一个间接的毛里求斯的子公司沃达丰(Vodafone)国际控股BV,提高持股比例从目前的100%降至64.38%。

自从提议是价值超过1200卢比向内阁提交。

电信专业,拥有印度子公司64.38%的股份,将购买剩余的已发行股票等少数股东的Ajay Piramal Analjit辛格。

皮拉马尔持有其10.97%的股份在印度第二大电信公司用户,尽管辛格,沃达丰印度的非执行主席,持有公司24.65%的股份。

沃达丰集团将支付Analjit辛格1241卢比和皮拉马尔企业8900卢比的股份沃达丰印度作为提案的一部分。

发布于2014年2月6日09:42点坚持

$\"\"$ NEW DELHI: The Cabinet will tomorrow consider UK-based telecom player Vodafone's Rs 10,141 crore foreign investment proposal to buy out minority shareholders in its Indian arm.
\n
The proposal of CGP India Investment Ltd for increasing foreign equity in Vodafone India Ltd<\/a> is listed on the agenda for the meeting of Cabinet Committee on Economic Affairs, sources said.
\n
The Foreign Investment Promotion Board had on December 30, 2013, cleared the proposal of CGP India, an indirect Mauritian subsidiary of Vodafone International Holdings BV<\/a>, to hike stake to 100 per cent from the present 64.38 per cent.
\n
\nSince the proposal was worth more than Rs 1,200 crore it had to be referred to the Cabinet.
\n
\nThe telecom major, which holds a 64.38 per cent stake in the Indian unit, will buy remaining outstanding shares from minority shareholders like Ajay Piramal and Analjit Singh.
\n
\nPiramal holds an 10.97 per cent stake in India's second- largest telecom company by subscribers, while Singh, who is Vodafone India's non-executive chairman, holds 24.65 per cent.
\n
Vodafone Group Plc<\/a> will pay Analjit Singh Rs 1,241 crore and Piramal Enterprises Rs 8,900 crore for their stakes in Vodafone India as part of the proposal.
\n
\n\n<\/body>","next_sibling":[{"msid":29913491,"title":"Bids of around Rs 50,000-cr received: Government","entity_type":"ARTICLE","link":"\/news\/policy\/bids-of-around-rs-50000-cr-received-government\/29913491","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":29934408,"entity_type":"ARTICLE","title":"CCEA to consider Vodafone's Rs 10,141 cr FDI proposal today","synopsis":"The Cabinet will tomorrow consider Vodafone's Rs 10,141 crore foreign investment proposal to buy out minority shareholders in its Indian arm.","titleseo":"policy\/ccea-to-consider-vodafones-rs-10141-cr-fdi-proposal-today","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2014-02-06 09:42:54","lastupd":"2014-02-06 09:44:38","breadcrumbTags":["Vodafone India Ltd","policy","M&A","Vodafone Group Plc","Vodafone International Holdings BV","FDI","Tax"],"secinfo":{"seolocation":"policy\/ccea-to-consider-vodafones-rs-10141-cr-fdi-proposal-today"}}" data-news_link="//www.iser-br.com/news/policy/ccea-to-consider-vodafones-rs-10141-cr-fdi-proposal-today/29934408">