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    <title>Government approves Six (6) Proposals of Foreign Direct Investment (FDI)</title>
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    <description>Government action on foreign direct investment proposals includes approval of six proposals across pharmaceuticals, publishing, manufacturing and wholesale trading; recommendation of one major pharmaceutical acquisition to the Cabinet Committee on Economic Affairs for CCEA clearance; deferment of eleven proposals pending further consideration (covering telecom, amalgamation, post-facto regularisation and sectoral compliance issues); rejection of five proposals that did not meet approval criteria; and a finding that three proposals do not lie before the FIPB.</description>
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