overs Gomer aprcis FO var Rs 46 ree phama is - The Erni Times Indatmes |The Times of na The EeonemieTnes | More Log doin FoLLower: Drm ryra ATION SAONSORS coup sronsons Tur Economic Tite dem ~.. am, Vatika Pharmaceuticals PROPERTY EXPO taeaw yoru, EVE Sexsex we OLD (MEH (10g) | USO waver cneare MARKETSTATS ¥ 27,919.33 4 138.50 8,418.30 2 4950 26,490.00 a 19.00 63.63 «0.08 DASHBOARD PORTFOLIO Not all Greek for India Home ¥ 7 Industry 7 Auto ¥ Banking/Finance ¥ Cons.Products ¥ Energy ¥_ Ind Goodsi/Svs ¥ Forget Greece and US Fed, India is the bigger story ifthe government's capex investment. continues, industrials will perform better this year. That's a big story indian investors should not miss. + Experts predict a rebound on Greece, Nifty could bounce 3-4% ipulecanorictimes insatimes. comvindustryealtncarebitech/pharaceuticalsgoverrmert-appr oes vert rs-40D0-cove-byfour-pharma-frmartcleshowA7707261 cms Tcuntrios French FM GREECE CRISIS: Goal is Greece accor sountries': French FM | GREECE CRISIS: Goal is Greece accor Government approves FDI worth Rs 4,000 crore by four pharma firms Tcommonts |Posta Comment ByPTH| 18 Jun, 2015, 04 46AMIST READ MORE ON » Torrent Pharmaceuticals | Syngene | Stericat Gut Stings Pvt.Ltd | Pharma | Foreign Investment Promotion Board | FIPB | FDI NEW DELHt Proposals for foreign direct investment amounting to around Rs 4,000 crore by four pharma and medical devices Torrent Pharmacouticals Ltd. BSE NSE Services ¥ More ¥ (1.92%) ti rt Prices | Financials | Companylnfo | Reports 21.55(1 66%) Vol 48185 shares traded government The government, however, rejected proposal of drug firm Strides Arcolab to issue shares to nonresident and resident equity shareholders of Shasun Pharmaceuticals and deferred three proposals from other firms. ET SPECIAL: Love visual aspect of news? Enjoy this exclusive slideshows treat! aowor015 + Howdebt default impacts equity index | iad PE | Most | Most Most Read | Shared — Commented Sleepless nights at Nestle, as staff and executives try to find what went wrong How Baba Ramdev has built a Rs 2,000 crore ayurvedic FMCG empire & plans to take on ‘multinational giants Hyundai Creta SUV set for launch in H2 2015; to take on Ecosport, Duster, Scorpio Why Alibaba's Jack Ma and Paytm's Vijay Shekhar ‘Sharma are best fiends now 18 top Ranbaxy executives including Indrajit Banerjee, Yugal Sikri, get marching orders as part of integration plan with Sun Pharma More » Not to be Missed Here are stocks that investors should stay away from Chinese military research academy praises India's ipulecanorictimes insatimes. comvindustryealtncarebitech/pharaceuticalsgoverrmert-appr oes vert rs-40D0-cove-byfour-pharma-frmartcleshowA7707261 cms (Government approwes FOI werth Rs 4,000 crore by four pharma rms - The Economic Times Ahmedabad-based Torrent Pharmaceuticals’ Rs 3,000 crore proposal for increasing Fil investment limit to 35 per cent from 13.09 per cent was the biggest in terms of value approved by the government today based on the recommendations of Foreign Investment Promotion Board ( FIPB) ints meeting held May 28, 2015. Syngene International's proposal to raise FD! of around Rs 930 crore by raising the foreign investment to 44 per cent from the approved percentage of 10 per cent was the second biggest in the pharma sector approved by the government today. The company plans to raise the sum by way of intial public offering of equity shares to Fils, FP\s and NRIs. Approval was also given to FDI of Rs 43.52 crore for to sell 77.5 per cent stake to Groupe Peters Surgical via share swap), an official statement said Ordain Health Care Global Pvt Ltd also got the nod fo} purchase certain assets pertaining to Alkems Fertica hun Aner Lavurawwies Liu The government, however, rejected proposal from Strides Arcolab for issuing shares to non- resident and resident equity shareholders of Shasun Pharmaceuticals Ltd under a scheme of merger. The other FDI proposals in the pharma sector which were deferred include Celon Laboratories, Shantha Biotechnics and Sparsha Pharma Intemational Stay on top of business news with The Economic Times App. Download it Now! @& i @ DON'T MISS any stories, falow us on TwitterFallowowo72015 Agjun tank IMF counters Raghuram Rajan’s comment about world facing Great Depression-tike } problems Samsung Galaxy $4 @ Rs.17999 Sponsored by amazonin Nominating a kin for life insurance? Know the new rules Fat pay packages: Crorepatis in Wipro gone up from 38 to 70 in the past year ea How PM Modi's Beti Bachao, Selfie Banao ‘campaign became a rage to rewrite gender- skewed script in Haryana ea PM Narendra Modi to review highway projects on July 2 Government approwes FI worth Rs 000 crore by four pharma rms - The Economic Times. Promoted Stories + Instant Mediclaim Policy Religare Heath + Free Trading + Demat A/c Sharekhan + Be famous KWIKLY Few Kwik + Easily adding capacity on demand Financial Times + HowXiaomi Ruined My Life ‘gadgets.ndtvcom + You Should Do This As Soon As You Get Your Salary! MyUniverse More from The Economic Times + Go climb a tree, save green cover Economic Times + Value picks yield high in volatile markets Economic Times + Wait for more signals before turing positive Economic Times + EU criticises Greece for rejecting reform package Economic Times + Ind:globally competitive? Economic Times + Gold rises with creditors, Economic Times Recommended by READ MORE ON » Torrent Pharmaceuticals | Syngene | Stericat Gut Stings Pvt Ltd | Pharma | Foreign Investment Promotion Board | FIP | FDI Follow this section for latest news on Pharmaceuticals Have something to say? Post your comment (Comments are moderated and willbe alow ed if they are about the topic and not abusive Characters remaing (1500) ipulecanorictimes insatimes. comvindustryealthcarabitech pharmaceuticals overrmert-apr oes-{- vert rs-40D0-core-byfour-pharma-frmartcleshowA7707261 cmsowor015 5s S33 8 Government approwes FOI worth Rs 4 000 crore by four pharma rms - The Economic Times. World economy may be slipping into 1930s Great Depression problems: RBI's Raghuram Rajan Eight cool smartphones coming to India soon Insurance to ease burden of liabilities for newly weds P&G India’s new MD & CEO Al Rajwani takes charge today How grievance redressal for insurance policies work y Flipkart offers attractive maternity package to retain women employees, plans to pay 50% of day care charges ipulecanorictimesinsatimes. comvindustryealtncarabitech/pharmaceuticalsigoverrmert-appr oes ert rs-40D0-rore-byfour-pharma-frmartcleshowA7707261 cms Readers’ opinions (7) NEWEST | OLDEST | MosToIscussED | AGREE Manu) Khurana (Deli) 115 Followers 130ays ago Gold 124K GEG Folis goa, ee bare Rect atten Stu aan (re ‘9 Followers 7 “ FDlis aways god or te cou. e000 Daagre( ecard) ottenve soumenara isu) T Followers: 2 * [2 413Days. ago Silver: 1941 uu an upsurge in orents share prices i sxpaceg in near e000 baagre record) tenve ve 9 ‘Scns a0 Lol noe fo good very ood Lol nice ol good very good Lol nie ol good very good Lo ee ref ood vey good Lol ioe good very god Dasare( Recommend (0)owor015 Government approwes FI worth Rs 4.000 crore by four pharma irs - The Economic Times. 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