Government has approved five proposals of Foreign Direct Investment -FDI amounting to over 1,133 crore rupees. According to the Finance Ministry, those FDI proposals cleared include around 682 crore rupees proposal of Tesco Overseas Investments Ltd. to acquire 50 percent of the equity share of the Indian company to engage in the multi brand retail trading products. Besides, 248 crore rupees proposal of Tikona Digital Networks Pvt. Ltd. and 200 crore rupees proposal of Fresenius Kabi India Pvt. Ltd have also been cleared.