Government on Thursday cleared 57 Foreign Direct Investment (FDI) proposals worth Rs 3,115 crore including Rs 2,250 crore investment by Dutch company digital future investment RND and over Rs 130 crore investment by Bharti Group of Companies.
Commerce and Industry Minister, Murasoli Maran approved the 57 cases based on the recommendations of the Foreign Investment Promotion Board (FIPB), an official statement said in New Delhi. Digital future would make 100 per cent FDI in India over a period of five years in the areas of Telecommunication and Broadcasting.

The company is likely to construct, design, install, operate and maintain engineering facilities and provide third party technical services to duly licensed broadcasters, telecom operators and public authorities among others.
Bharti Aqua net's proposal to infuse Rs 122.5 crore, a 49 per cent FDI, for laying of optical fibre cable under water along oceans and sea beds has also been cleared by the ministry.
Bureau Report