FIPB to take up 32 investment proposals

Six pharma sector proposals,in addition to 26 others,will come up for approval before the Foreign Investment Promotion Board (FIPB) on Tuesday. The proposals of Jubilant Pharma,Laurus Labs,Premier Medical Corporation and three others are to be taken up on August 27.

Five private airlines owe AAI R337 crore

Five private airlines,including those defunct,have nearly Rs 357 crore as dues pending to the Airports Authority of India (AAI). Jet Airways,Jetlite,SpiceJet,Kingfisher Airlines and defunct Paramount Airways have pending dues of Rs 357.39 crore,says AAI data in response to an RTI application.