FIPB clears 21 FDI projects, rejects Sistema Shyam's proposal

Foreign Investment Promotion Board on Tuesday cleared 21 proposals including that of Bharti Shipyard, but turned down the Sistema Shyam's request to raise foreign holding.

India emerges as fourth-largest investor in UK

UK Trade and Investment (UKTI) published its '2012/13 Inward Investment Annual Report' revealing that 89 Indian FDI projects had helped create as many as 7,255 jobs in Britain.