Business news for Mon, 24 Dec 2007 & with word crore. 2 news.

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14:24 Nod for 19 FDI proposals; GBN to sell 26% pie

rediff.com -- Business

The government on Monday gave its approval for 19 foreign direct investment proposals amounting to Rs 726.88 crore (Rs 7.268 billion), which include Global Broadcast News Ltd's proposal to sell 26 per cent stake for Rs 500 crore (Rs 5 billion).

14:24 It's sensors next in Rolta's defence line-up

rediff.com -- Business

Rolta India is planning to set up a sensor manufacturing plant even as it aims to touch the Rs 1,000 crore (Rs 10 billion) turnover mark by the end of financial year 2007-08.