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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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