Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary
The Cabinet Committee on Economic Affairs approved the proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company with a foreign equity of 100% subscribed by Ms. Reckitt Benckiser (Singapore) Pte. Limited, Singapore (entire equity except 10 shares) and M/s R&C Nominees Limited (10 shares) to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equity.
The approval is expected to result in FDI amounting to Rs.3300 crore approximately in the Wholly owned Subsidiary of M/s. Reckitt Benckiser Plc. UK. Last Update Tuesday 29th March 2011
IASPASSION is all about success in Civil Services Examination.
With an eye on coveted Indian Administrative Service aspiring youngsters chase their dreams and give their best to achieve success.
We are passionately working on making their journey uncomplicated and enjoyable and our mission is to dispel the myths and wrong notions that surround this big examination.
It is our continuous endeavor to bring in relevant information and inspiring stories that instill confidence and help you persevere as it is a fierce competition that sometimes requires just sticking to the GOAL.