<h1>Government Approves Six FDI Proposals Worth Rs. 84.69 Crore; Major Pharma Acquisition Awaits Cabinet Approval.</h1> The government has approved six foreign direct investment (FDI) proposals based on the Foreign Investment Promotion Board's recommendations. These include investments in the pharmaceutical, wholesale trading, manufacturing, and publishing sectors, totaling Rs. 84.69 crore. Additionally, one proposal involving a significant acquisition in the pharmaceutical sector, valued at Rs. 4,315 crore, has been recommended for Cabinet Committee on Economic Affairs approval. Eleven proposals were deferred, five rejected, and three were deemed outside the board's purview. The deferred and rejected proposals span sectors like telecom, financial services, and trading.