The government has approved 13 foreign direct investment (FDI) projects, including a proposal of Dish TV, entailing total overseas investment of Rs 393.62 crore.

“Based on the recommendations of the Foreign Investment Promotion Board (FIPB)... (the) government has approved 13 FDI proposals amounting to Rs 393.62 crore,” an official statement said today.

Click here for Cloud Computing

Also Read   Related Stories News Now - Govt okays 13 FDI proposals worth Rs 393 cr - Nazara plans new games for festive season - FinMin not opposing new FDI norms - With two more, US bank failures reach 94 in 2009: FDIC - FDI inflows into India to slip as TNCs rework investment plans - Global FDI to fall 30% this year: Unctad

Also Read   Related Stories News Now - Markets surge in opening trades - Rupee flat in early trade - US jobs, factory data strengthen growth outlook - Wall Street ends higher on economic data - World stocks, euro rally on data, Greek hopes More

Sterlite Technologies’ Rs 103.95-crore proposal to issue and allot warrants on a preferential basis has also been granted.

TM International Logistics of Kolkata is likely to bring in foreign funds of Rs 40 crore to issue shares against consideration other than cash.

Other approved proposals are those of Sistema Shyam TeleServices, General Motors Acceptance Corp, S&S Media (India) Enterprises of Bangalore, Taneja Aerospace, Ramboll Singapore Pte, Kludirak India, InfxQ Knowledge Services, L Occitane Singapore, Strata Geosystems and Devas Multimedia.

The government has rejected two proposals, including that of ICICI Investment Management Company. which plans to make investment by a foreign fund company into an Indian fund company.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets surge in opening trades - Rupee flat in early trade - US jobs, factory data strengthen growth outlook - Wall Street ends higher on economic data - World stocks, euro rally on data, Greek hopes

Tags : FDI | Dish TV | FIPB   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  We live for our family. have you secured them? -  Earn fuel worth Rs.2400 with Citi -  India's No. 1 Property Site. Click here to know more.. -  Get 5% cashback on telephone bills with Citi -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Medium-sized businesses are the engines of a smarter planet. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...