The Indian government has approved a foreign direct investment (FDI) proposal worth Rs. 9,589 crore in Suven Pharmaceuticals Limited. Private equity firm Advent International will acquire a 50.1% stake in the company for Rs. 6,313 crore, with plans to launch an open offer for an additional 26%.
India Business News: The Cabinet Committee on Economic Affairs (CCEA) has approved a foreign direct investment (FDI) of up to Rs 9,589 crore by Cyprus-based Berhyanda Ltd
CCEA clears foreign investment of up to ₹9,589 crore in Suven Pharmaceuticals thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Briefing the media, information and broadcasting minister Anurag Thakur said the e-Courts project is a central scheme that will run for four years starting 2023.