Foreign investments worth $108 Million approved
Facebook Twitter google+ RSS Feed

Foreign investments worth $108 Million approved

Tuesday, 28 April 2009, 02:42 Hrs   |    2 Comments
Printer Print Email Email
New Delhi: The government has cleared 22 foreign investment proposals worth 541 crore($108 million), including a 237.2-crore project of Mumbai-based telecom company Tikona Digital Networks, the finance ministry said Monday.

Kolkata-based water infrastructure company Electrosteel Castings and Anant Raj Industries are also among the companies whose projects got the government nod.

Electrosteel will pump in 157.47 crore, while Anant Raj will invest 90.2 crore, the government said.

The Foreign Investment Proposal Board (FIPB), the nodal agency for approving foreign direct investments in the country, also gave the nod to the investment proposal of Walt Disney to enter home entertainment, printing and publishing business.
Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
Reader's comments(2)
1: Its good to find once again the FDI's .But now they should create more oppurtunities for our nation.
At this time stability is required at any cost
Posted by:Anupam Rout - 28 Apr, 2009
2: good. it would be a relief for recession-hit sector
Posted by:Hari - 27 Apr, 2009
SPOTLIGHT