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14 FDI proposals worth Rs 1,584 cr cleared
From April to June, Apple shipped 26 million iPhones, well below the 28 million to 29 million that Wall Street analysts had predicted, even taking into account a pause in buying ahead of the iPhone 5. It was a far cry from the 35.1 million that moved in t
24 Jul 2012, 08:00 PM IST 
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Anand Shimpi (Image courtesy: theverge.com)
The government on Tuesday said it has approved Rs 225 crore foreign investment in Indian operations of Asian equity research major CLSA, besides 13 other FDI proposals totaling Rs 1,584 crore."Based on the recommendations of the Foreign Investment Promotion Board (FIPB)... the government has approved 14 proposals of FDI amounting to Rs 1,584.11 crore approximately," the Finance Ministry said in a statement.CLSA is an Asian unit of Eu...
