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    <title>Foreign Investment Promotion Board Approves 14 FDI Proposals Worth Rs.1584.11 Crore.</title>
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    <description>The Central Government, on FIPB recommendations dated 29 June 2012, approved 14 FDI proposals aggregating approximately Rs.1584.11 crore, covering inductions and increases of foreign equity, LLP formations with foreign participation, rights issues, ex post facto regularisations, and activity expansions across defence, telecom/ISP gateways, financial services, pharmaceuticals, and infrastructure engineering; 15 proposals were deferred, 7 rejected, 3 held not to require FIPB approval, and 3 withdrawn.</description>
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