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GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

2014-01-05 16:03:36| Biotech - Topix.net

After purchase, the holding of the promoter group companies in the Indian subsidiary will go up to 75 per cent from the current 50.67 per cent Summary GSK has approached FIPB to hike stake by buying 24.33 pct for an estimated Rs 6,400 cr UK-based pharmaceuticals major GlaxoSmithKline has approached the FIPB to hike stake in its domestic arm by ... (more)

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Category:Biotechnology and Pharmaceuticals

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