FIPB to take up 36 proposals today

The Foreign Investment Promotion Board (FIPB) will take up 36 Foreign Direct Investment (FDI) proposals for approval on Tuesday, including applications by Holcim (India), Quickjet Cargo Airlines, INX Music Private Ltd and O-Zone Networks. Nine FDI proposals from the pharmaceutical sector, including submissions by Reckitt Benckiser (India), Agappe Diagnostics, Novalead Pharma, Koye Pharmaceuticals and Ipca Laboratories will also be considered. Some other proposals on the agenda are from India Value Fund IV, SNC-Lavalin Mauritius, Thornton Tomasetti Inc, Thaicom Public Co and CLSA India.