British retailer Tesco's $110 million investment in Tata-owned Trent Hypermarket has received approval from India's Department of Industry Policy and Promotion (DIPP). This will pave the way for Tesco to get a clearance from the country's Foreign Investment Promotion Board (FIPB).
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Shares for Jet Airways increased dramatically after speculation of FIPB approval of Jet-Etihad deal surfaced.
Actis planned to acquire 25% stake in Symbiotec Pharmalab.
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