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Home Ministry vetting names of top bosses of Tata-Singapore airlines

Last Updated: Tuesday, January 14, 2014, 15:01

Tata-SIA have applied to the Civil Aviation Ministry for a NOC to start a full-service airline in India.

FIPB to decide Monday on GlaxoSmithKline, pharma FDI proposals

Last Updated: Sunday, January 12, 2014, 14:59

The acquisition would result in foreign exchange inflows to the tune of Rs 6,400 crore, they added.

GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

Last Updated: Sunday, January 05, 2014, 13:24

UK-based drug major GlaxoSmithKline is knocking at the FIPB's doors to raise stake in its India arm by acquiring an additional 24.33 percent for around Rs 6,400 crore.

'Vodafone payment to Analjit Singh consistent with agreement'

Last Updated: Tuesday, December 31, 2013, 17:35

A day after FIPB cleared Vodafone plc buying out minority stakeholders for Rs 10,141 crore in its India arm, Vodafone India's Non Executive Chairman Analjit Singh Tuesday said payments being made to him were consistent with agreement he had signed with the British telecom giant.

FIPB nod will allow to work on setting up JV with Trent: Tesco

Last Updated: Monday, December 30, 2013, 19:29

The apporval by FIPB to the proposal to invest USD 110 million in the Indian multi-brand retail segment will allow to work on practicalities of setting up a joint venture with Tata group firm Trent, UK-based Tesco Plc said Monday.

FIPB clears Tesco, Vodafone investment proposals

Last Updated: Monday, December 30, 2013, 18:28

UK-based Tesco Plc became the first global retailer to get approval to enter country's multi-brand retail sector from the Foreign Investment Promotion Board that also Monday cleared Vodafone's Rs 10,141 crore plan to buy out minority shareholders in its India arm.

FIPB clears Tesco's $110 mn multi-brand retail proposal

Last Updated: Monday, December 30, 2013, 18:00

The Foreign Investment Promotion Board Monday approved UK-based Tesco Plc's proposal to enter the Indian multi-brand retail segment in joint venture with Tata Group company with an initial investment of USD 110 million (about Rs 680 crore).

Vodafone gets FIPB nod to raise stake in India arm

Last Updated: Monday, December 30, 2013, 17:20

UK-based telecom player Vodafone's Rs 10,000 crore proposal to buy out minority shareholders in its Indian arm was on Monday approved by the FIPB.

FIPB to take up Tesco's multi-brand retail proposal on Dec 30

Last Updated: Thursday, December 26, 2013, 23:11

If the application is approved, Tesco will pick up a 50 per cent stake in Trent Hypermarket Ltd, a wholly owned subsidiary of Trent Ltd, a Tata group company.

FIPB to take up HDFC Bank's proposal to up foreign stake on Dec 30

Last Updated: Tuesday, December 24, 2013, 17:32

The Foreign Investment Promotion Board (FIPB) will consider on December 30 a proposal by HDFC Bank for raising foreign investment holding limit beyond the existing 49 percent in the bank.

MHA may give clearance to Vodafone's FDI proposal soon

Last Updated: Thursday, December 19, 2013, 22:49

The Foreign Investment Promotion Board (FIPB) had last week deferred Vodafone's proposal as the MHA was yet to give its comments.

HDFC Bank approaches FIPB for nod to increase FDI,FII holdings

Last Updated: Thursday, December 19, 2013, 00:10

"Since the total foreign shareholding in the Bank (FII and FDI) has crossed 49 percent, the Bank has filed an application with the FIPB seeking approval for increasing its foreign shareholding limit, in accordance with the now prevailing guidelines," HDFC Bank said in a BSE filing.