September 4, 2013 9:21 AM

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Govt nod for FDI proposals worth over Rs 992cr

The government has approved 17 proposals of Foreign Direct Investment, FDI amounting to over 992 crore rupees. The approval was based on the recommendations made by Foreign Investment Promotion Board in its meeting held on 29th July. The Smith & Nephew Private Limited, Singapore, Calyx Chemicals & Pharmaceuticals Ltd and Fresenius Kabi (Singapore) Private Limited are some of the important companies figured in the FDI proposal list.

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