Govt clears 24 FDI proposals

NEW DELHI: The government has cleared 24 foreign direct investment proposals, including that of Sweden-based Astra Pharmaceuticals, worth Rs 37.86 crore.
The major investment proposals pertain to wholesale trading in chemicals, pharmaceuticals, dyes and general merchandise, power generation, telecommunications and software development, an official press release said here on Friday.
These 24 proposals were recommended by the Foreign Investment Promotion Board.