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of <h1>Government Approves Six Foreign Direct Investment Proposals Worth Rs. 1810.25 Crore; Volkswagen Finance's Proposal Rejected.</h1> The government approved six foreign direct investment proposals totaling approximately Rs. 1810.25 crore, as recommended by the Foreign Investment Promotion Board. Key approvals include Agile Electric for equity share swaps, Sharekhan for post-facto approval of various investments, Serap India for issuing equity shares, Monsoon Capital for investment in an alternative investment trust, SeQuent Scientific for acquiring shares in Alivira Animal Health, and IIFL Holdings for increasing foreign equity. A proposal from Volkswagen Finance for investment in Indian securities was rejected.
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