Government clears 10 FDI proposals of Rs 1,123 cr



Government clears 10 FDI proposals of Rs 1,123 cr New Delhi: The government on Tuesday cleared 10 foreign direct investment (FDI) proposals which will bring in Rs 1,123 crore.

The largest FDI of Rs 750 crore will be brought in by Essel Group-promoted DTH service provider, Dish TV India.

The government has deferred nine proposals, including that of Unitech Wireless (Tamil Nadu) Pvt Limited and ByCell Telecommunication.

Three proposals of Chennai-based Asha Micro Credit, Cholamandalam DBS Finance and Cargil & Financial Services India have been rejected.

Bureau Report