Government Clears 21 FDI Proposals Worth Rs 281 Crore

New Delhi: The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 per cent. "The government has approved 21 proposals of foreign direct investment (FDI) amounting to Rs 280.70 crore," a finance ministry statement said on Monday. FDI proposals under approval route are cleared by the Foreign Investment Promot...