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Saturday, Oct 07, 2006

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Cipla sets up Dubai subsidiary

Our Bureau

Mumbai, Oct. 6

Cipla Ltd has set up a wholly-owned subsidiary, Cipla FZE, at Jebel Ali Free Zone in Dubai, United Arab Emirates. Mr Amar Lulla, Cipla's Joint Managing Director, told Business Line that the subsidiary was to aid logistics, as Dubai was a convenient location to export to international markets. Cipla shares closed marginally down at Rs 255.95 on the BSE.

More Stories on : Overseas Investments | Pharmaceuticals | Cipla Ltd

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