Government has approved four proposals of Foreign Direct Investment, FDI, amounting to Rs 384.45 crore. An official statement said Foreign Investment Promotion Board, FIPB, in its meeting held on 19th of last month, had recommended these proposals including that of pharma firm Lupin. <br/><br/>The proposal of Lupin pertained to grant of Empolyee Stock ownership Plans to non-resident employees of the company amounting to over Rs 331 crore. Besides, proposals of Eucare Pharmaceuticals and Hanon Systems were cleared by the board.