No rollback of pharma proposals cleared by FIPB on May 10

According to Finance ministry sources the proposals which were cleared by the FIPB on the 10th of May, will not be deferre

June 25, 2013 / 23:00 IST

26 Aug, 2025 12:21

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CNBC-TV18 learns from sources that there is no threat of a rollback of the pharma proposals already approved by the Foreign Investment Promotion Board (FIPB).

Also Read: Adulterated drugs: SC dismisses PIL against Ranbaxy

According to finance ministry sources the proposals which were cleared by the FIPB on the May 10, will not be deferred.

FIPB will also consider new pharma proposals at its July 5 meeting. The 10 proposals to be considered on July 5 include Mylan and GlaxoSmithKline Pharmaceuticals proposals also.

Also read: GSK Consumer to focus on specialist oral care portfolio

first published: Jun 25, 2013 10:08 pm

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