FDI-related bid on CCEA table | delhi | Hindustan Times
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FDI-related bid on CCEA table

The cabinet committee on economic affairs (CCEA), will discuss two FDI-related proposals in the entertainment and power sector in its meeting on Wednesday.

delhi Updated: Dec 06, 2011 23:57 IST
HT Correspondent

The cabinet committee on economic affairs (CCEA), will discuss two FDI-related proposals in the entertainment and power sector in its meeting on Wednesday.

The first proposal relates to Walt Disney Co.(Southeast Asia)’s plan to buy out UTV software communications Ltd. Currently, it has 48.02% stake in the UTV software communications Ltd. The CCEA will also discuss Haryana-based Grid Equipments’ proposal to raise Rs 4,500 crore through FDI.