Government clears FDI proposals worth Rs 3,250 cr
New Delhi, May 11: The Finance Ministry on Friday said it cleared an FDI proposal last month which will bring total foreign investment worth Rs 3,250 crore.
The proposal sought Foreign Direct Investment (FDI) in Hindustan Infralog Pvt Ltd, a proposed investing company, by Netherlands-based DP World Global Investment BV.
The investment will amount to 65 per cent of paid-up share capital of Hindustan Infralog, the Economic Affairs Department said in a statement.
It said that in the same month, the government disposed off a total of five FDI proposals approving three and rejecting one while one was sent back to the applicant.
While a proposal for acquisition of up to 100 per cent share capital in a non-operational investment holding company called Vadodara Stock Exchange Ltd was sent back to Northvale Capital Partners Pvt Ltd on the ground of being "premature", another proposal was rejected seeking post facto approval for the cumulative investments made in Kora Research Advisors India by two US-based companies Kora Management LP and Kora LLC.
However, the Economic Affairs Department approved a proposal by Alcon Laboratories (India) Pvt Ltd seeking to undertake financial lease of ophthalmic surgical equipment in India in addition to the existing business of wholesale trading.
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Bad timing: Fraudsters call senior Indore cop during press briefing to pull off 'digital arrest'
Indore, Nov 24: Some online fraudsters got their target and timing horribly wrong on Sunday after they attempted to "digitally arrest" a senior police official with an automated call over "credit card misuse" while he was addressing a press conference in Indore in Madhya Pradesh.
"The caller informed that I had misused my credit card and as a result a case had been registered with Andheri West police station in Mumbai. I was having a press briefing at the time. I was told my bank account would be blocked and was asked to visit the police station in two hours," Additional Deputy Commissioner of Police (ADCP) of Indore crime branch Rajesh Dandotia told PTI.
The official said he told the caller he would not be able to make it to Mumbai from Indore at such short notice.
"The caller told me he would be connect me to someone from the police station. He then connected me to another person, who asked me to wait. He said he would talk to his senior officer to see if my statement could be recorded via video call. When he saw me in police uniform, he immediately disconnected the video call," the official narrated.
Dandotia said he asked media persons to record a video so that people can be made aware of such cyber crimes and digital arrest.
Digital arrest is a modus operandi of cyber criminals who threaten a person with arrest, force the person to remain confined in a room while keeping him or her under electronic surveillance and then extort money on the pretext of "clearing" him or her of charges.
जब एडीसीपी क्राइम इंदौर को ही आ गया डिजिटल अरेस्ट के लिए कॉल pic.twitter.com/H965PKz1Mo
— SanjayGupta_Journalist (@sanjaygupta1304) November 24, 2024
