| The proposals, cleared by Finance Minister Jaswant Singh on the recommendation of Foreign Investment Promotion Board (FIPB), include the UK-based Henderson Asia Pacific Private Equity partner's plan to pick up 19.23 per cent stake in the Hindustan Times group company HT Media for Rs 124 crore. |
| The FDI plans also include Gabriel Trade & Investment Company's plan to set up a wholly-owned subsidiary with an investment of Rs 900 crore. |
| TCL Overseas Holdings' plan to set up a wholly-owned subsidiary in India to manufacture CTVs and home appliances also falls under the proposal. |
| Reebok International's plan to maintain its holding in its joint venture with Phoenix Overseas at 93.15 per cent was also given the go-ahead as much as it was given to the Netherlands-based Stahl to set up a subsidiary in the country for an initial investment of Rs 9 crore. |
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