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of <h1>Foreign Investment Board Approves 17 FDI Proposals Worth Rs. 1844.32 Crore Across Multiple Sectors; Nine Deferred, One Rejected.</h1> The Foreign Investment Promotion Board approved 17 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 1844.32 crore. These approvals span various sectors including chemicals, commerce, economic affairs, information broadcasting, power, urban development, and telecommunications. Notable approvals include equity investments in companies such as Biotor Industries, Athena Infraprojects, and Quippo Telecom Infrastructure. Nine proposals were deferred, including those from Universal Biofuels and Tata Investment Corporation, while one proposal from Elken International was rejected. Proposals from Aditya Birla Telecom and Daiichi Sankyo were recommended for further consideration due to their significant investment amounts.
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