Date:24/05/2006 URL: http://www.thehindu.com/2006/05/24/stories/2006052405881601.htm

Business - Briefly

FM clears 12 FDI proposals

NEW DELHI: Finance Minister, P. Chidambaram, has approved 12 Foreign Direct Investment (FDI) proposals totalling Rs. 372 crore, including one by AT & T relating to telecom business. The proposals were cleared at the meeting of the FIPB at its meeting held on May 12.