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    <title>Government Approves Two Proposals of Foreign Direct Investment (FDI) Amounting to About Rs. 97.85 Crore</title>
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    <description>Approval was granted for two Foreign Direct Investment proposals - additional foreign investment including post facto approval into a pharma company and a 50:50 joint venture to operate duty free retail - while one housing finance proposal was deferred for non compliance with minimum capitalization norms, one applicant was asked for clarification on shareholding limits in a joint venture, and one proposal was kept in abeyance.</description>
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