The Hindu Business Line : Centre clears Dish TV’s FCCB proposal

The decision is based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on July 24, an official release stated here on Tuesday.

“It is an enabling decision. We will be issuing the bonds in September-October which will then get listed in the Singapore exchange”, Mr Jawahar Goel, Managing Director of the company told Business Line.

The Centre also approved K.S. Oils’ proposal for issuance and allotment of warrants for a sum of Rs 97.99 crore.

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