FIPB clears seven FDI proposals worth ₹100 cr
Inter-ministerial body Foreign Investment Promotion Board (FIPB) on Thursday cleared seven FDI proposals worth ₹100 crore. The proposals of Oxford University Press and Dr Reddy's Laboratories were among those approved by the board, which together entailed an investment of ₹90 crore, reports said. The FIPB, headed by Economic Affairs Secretary Shaktikanta Das, also rejected four proposals.