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The Foreign Investment Promotion Board will take up 31 foreign direct investment (FDI) proposals, including of Aditya Birla Nuvo, Cipla, Sun Pharma Advanced Research and HDFC Capital Advisors, on September 29. Among others, proposals of Strides Arcolab, Reliance Globalcom, Aegon Religare Life lnsurance and Apollo Hospitals are on the agenda. Shares of these companies will react positively, if the government clears their proposals.
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