19 Foreign Direct Investment projects approved

New Delhi: The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India). “Based on the recommendations of FIPB in its meeting held on June 11, 2014, government has approved 19 proposals of FDI amounting to Rs 2326.72 crore approximately,” the finance ministry said in a release.

The FIPB rejected an investment proposal of MCX for a post-facto approval of the foreign investment made by Alexandra Mauritius Ltd prior to the period when FDI in commodity exchanges was brought under approval.