<h1>Foreign direct investment approvals granted for multiple funds and equity investments; several proposals deferred or rejected thereafter.</h1> Government approved seven FDI proposals, permitting AIFs to accept non-resident contributions and issue units under the FDI route, authorising investments in Indian companies where FDI is allowed and distribution of income to offshore investors under the automatic route; also approved equity subscriptions and warrant issuances in a financial holding company, acquisition of shares in a core investment company, and foreign investment into an Indian subsidiary for digital education publishing. Several proposals were deferred, five were rejected, and one was determined not to lie before the Board.