Bugworks Research India's foreign investment proposal worth Rs 35 lakh was cleared by the board, the Finance Ministry said in a statement.
The board, headed by Economic Affairs Secretary Shaktikanta Das, also cleared investment proposals of Willmar Schwabe lndia Pvt Ltd and SAET India Pvt Ltd.
The seven proposals which were defered included that of Sharekhan, BNP Paribas Asset Management India, Entrepreneur India Media, Bashundhara Paper Mills India, Whizdm Innovations and Harbour Services.
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