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    <title>26 FDI PROPOSALS APPROVED</title>
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    <description>FIPB approved twenty-six FDI proposals across multiple ministries and sectors using mechanisms including share swaps, cash acquisitions, fresh equity issuance, transfers to non residents, joint ventures, and conversions of operating companies into operating cum holding or investing companies to enable downstream investments; some approvals invoke Press Note 1 of 2005. Separately, nine proposals were deferred for further scrutiny, three were rejected, eight were advised to use the automatic route, and two were withdrawn by applicants.</description>
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