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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.

FIPB clears 12 FDI proposals worth Rs 343 cr

Last Updated: Tuesday, August 06, 2013, 19:57

The Government has cleared 12 FDI proposals worth Rs 343 crore and kept on hold the decision on US-based Mylan Inc's proposal to acquire an Indian pharma company.

FIPB clears 7 pharma FDI proposal, defers 3

Last Updated: Friday, July 05, 2013, 16:10

The Foreign Investment Promotion Board (FIPB) on Friday cleared seven FDI proposals in Indian pharmaceutical companies, while deferring three cases on concerns of ownership control.

FIPB clears 16 FDI proposals worth Rs 1,647 crore

Last Updated: Tuesday, June 18, 2013, 14:56

The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore, while deferring Punj Lloyd's proposals for lack of security clearance.

Telenor gets FIPB nod for hiking stake in Uninor

Last Updated: Friday, June 14, 2013, 19:23

"Telenor proposal has been approved," Economic Affairs Secretary Arvind Mayaram said after the meeting of Foreign Investment Promotion Board (FIPB).

FIPB defers decision on Jet-Etihad deal; Telenor gets go-ahead

Last Updated: Friday, June 14, 2013, 10:08

As per the proposal, Jet Airways plans to sell 24 percent stake to Abu Dhabi-based Etihad for about Rs 2,058 crore.

FIPB to take up Jet-Etihad, Telenor FDI proposals tomorrow

Last Updated: Thursday, June 13, 2013, 15:02

In March, the FIPB had cleared the Rs 81 crore investment proposal of AirAsia to set up a JV airline company with Tata Sons and another partner.

Govt clears 8 FDI proposals worth Rs 696 crore

Last Updated: Friday, May 31, 2013, 19:53

The government on Friday said it has approved eight FDI proposals worth Rs 696 crore, including those of ACME Solar Energy, GETIT Infoservices and McKinsey & Company.

Govt approves 6 FDI proposals worth over Rs 732 crore

Last Updated: Tuesday, March 26, 2013, 14:42

The government on Tuesday approved 6 FDI proposals, including that of AirAsia Investment Ltd, Malaysia, totalling over Rs 732 crore.

Govt approves 12 FDI proposals worth over Rs 2,609 crore

Last Updated: Friday, March 22, 2013, 13:40

The government on Friday said it has approved 12 FDI proposals, including that of pharma firm Claris Otsuka, totalling over Rs 2,609 crore.

Govt clears 9 FDI proposals worth Rs 1,140 crore

Last Updated: Wednesday, February 27, 2013, 22:55

The government on Wednesday said it has cleared nine FDI proposals, including that of Multi Screen Media and Wire and Wireless, totalling over Rs 1,140 crore.

FIPB clears 4 single-brand retail FDI proposals

Last Updated: Wednesday, February 13, 2013, 13:51

The Finance Ministry on Wednesday cleared four foreign direct investment (FDI) proposals in single brand retailing, including that of Decathlon and Fossil Inc, worth about Rs 750 crore, sources said.