July 6, 2016 9:02 PM

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Govt clears FDI proposals worth Rs 223 crore

The government has approved three FDI proposals amounting to over Rs 223 crore. An official release said, the decision was taken on the basis of recommendation of a Foreign Investment Promotion Board. Of them, Rs 118 crore FDI proposal of a Pharma company Corona Remedies was cleared while over Rs 77 core proposal of another Pharma company was approved.

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