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    <title>Government Approves Five Proposals of Foreign Direct Investment (FDI) Amounting to About Rs. 1133.41 Crore</title>
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    <description>The Government approved five foreign investment proposals permitting increased foreign equity participation and related issuances across telecom, ISP, multi brand retail and pharmaceutical companies, using mechanisms such as equity purchase and conversion of compulsorily convertible debentures; one approved merger involved no fresh inflow. Several other proposals were deferred, held in abeyance, one withdrawn, and a high value proposal was referred for higher executive consideration.</description>
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