25 Fdi Proposals Of Rs 1,118 Crore Cleared

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The government today cleared 25 proposals involving foreign direct investment worth Rs 1,118 crore. These include a proposal by Uttam Steel Ltd to induct foreign equity and convertible preferential shares worth Rs 800 crore. Uttam Steel manufactures cold rolled annealed and unannealed sheets and coils.
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First Published: Sep 08 2001 | 12:00 AM IST