Finance Ministry approves three other agencies

The Finance Ministry has given approval AMP Solar India Pvt Ltd which will invest Rs.500 crore in Indian operating companies.

It has also give approval to Aditya Birla Capital Ltd to issue and allotment of equity shares to foreign equity shareholders and GDR holders in Grasim Industries Limited.

Approval has also been given to Firstspace Development Management Pvt Ltd for rendering Investment Advisory Services to an overseas fund manager.

CVC Asia has also received approval for setting-up an investment advisory. fii-news.com