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The Foreign Investment Promotion Board on Wednesday will take up 16 investment proposals including that of Cadila Healthcare and Holcim (lndia). Cadila Healthcare is seeking approval for fresh equity infusion of up to ₹5,000 crore under FDI route through qualified institutional placement. FIPB will also decide on the ₹3,500-crore proposal of Ambuja Cements to acquire 24 per cent stake in its holding company Holcim (India).
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