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Govt to soon clear Amazon's FDI in food retail: Badal

The government will soon clear the US retail giant Amazon's proposed USD 500 million investment in retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said.

Amazon likely to get soon official nod for FDI in food retail

Amazon likely to get soon official nod for FDI in food retail

US retail giant Amazon's proposed USD 500 million investment in retail of food products in India would soon get official nod, an official said.

Ministries to decide on FDI proposals within 60 days: FinMin

The government on Tuesday said post the abolition of the FIPB, ministries will have to decide on FDI proposals within 60 days of the application and any rejection will need concurrence of the DIPP.

Cabinet approves abolition of 25-year-old Foreign Investment Promotion Board

Cabinet approves abolition of 25-year-old Foreign Investment Promotion Board

The FIPB was initially constituted under the Prime Minister's Office in the wake of economic liberalisation in the early 1990s.

Karti Chidamabaram, facing CBI probe, leaves for London;  father says he will return soon

Karti Chidamabaram, facing CBI probe, leaves for London; father says he will return soon

Former Finance Minister and senior Congress leader P Chidambaram's son Karti, who is facing a CBI probe in connection with an alleged case of bribery and corruption, has left for London, reports said on Friday.

Chidambaram has no choice but cooperate with CBI: Ravi Shankar Prasad

Union Law Minister Ravi Shankar Prasad on Tuesday, while defending the Central Bureau of Investigation (CBI) said, 'nothing else can be expected from him'.

FIPB abolition in final stages: Jaitley

FIPB was initially constituted under the Prime Minister's Office in the wake of economic liberalisation in the early 1990s.

Gave approval to Aircel-Maxis deal in normal course of biz: P Chidambaram

Gave approval to Aircel-Maxis deal in normal course of biz: P Chidambaram

Chidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various aspects of the Aircel-Maxis deal.

Defence sector receives only $1 million of FDI in 3 years

The defence sector received only USD 1 million in terms FDI equity inflow in the last three years, the Lok Sabha was informed on Friday.

Give evidence to back allegation against Chidambaram in Aircel-Maxis deal: SC to Swamy

The Supreme Court on Friday asked BJP leader Subramanian Swamy to place before it concrete evidence backing his plea for probe into the role of then Finance Minister P. Chidambaram into alleged breach of norms committed by the Foreign Investment Promotion Board (FIPB) in approving the Aircel-Maxis deal in 2006.

Foreign direct investment zooms 60% to $4.68 billion in November

Foreign direct investment zooms 60% to $4.68 billion in November

With the government taking steps to improve ease of doing business and relax regulations, foreign direct investment into the country surged by 60 percent to USD 4.68 billion in November 2016.

Winding up FIPB to make ease of doing business better: Nirmala Sitharaman

Winding up FIPB to make ease of doing business better: Nirmala Sitharaman

Disbanding FIPB will further improve ease of doing business and the respective regulators of the ministries concerned are "sufficient" to take care of investment proposals, Commerce and Industry Minister Nirmala Sitharaman today said.

FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das

FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das

In another two months, the government hopes to put in place a new mechanism to replace the existing Foreign Investment Promotion Board (FIPB), which will further improve ease of doing business, Economic Affairs Secretary Shaktikanta Das has said.

7 FDI proposals worth Rs 100 crore get FIPB approval

7 FDI proposals worth Rs 100 crore get FIPB approval

Inter-ministerial body FIPB on Thursday cleared seven proposals envisaging foreign investment of Rs 100 crore.

 FIPB defers decision on Idea Cellular, clears Rs 2,300 

FIPB defers decision on Idea Cellular, clears Rs 2,300 

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said.

Government clears 11 FDI proposals worth Rs 2,325 crore

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.

FIPB to take up 15 foreign investment proposals on Sep 26

FIPB to take up 15 foreign investment proposals on Sep 26

 FIPB will decide on 15 foreign investment proposals, including that of Idea Cellular Infrastructure Services and Sharekhan, on September 26.

 6 insurers get FIPB nod for Rs 2,566-crore FDI till Feb 2016

6 insurers get FIPB nod for Rs 2,566-crore FDI till Feb 2016

As many as six private insurers have got FIPB approval for foreign investment proposals worth Rs 2,566 crore till February after the government increased the FDI cap in the sector to 49 per cent from 26 percent.

FIPB clears FDI proposals worth Rs 13,000 crore

FIPB clears FDI proposals worth Rs 13,000 crore

The FIPB on Friday cleared FDI proposals worth Rs 13,000 crore including Rs 12,900-cr proposal of Axis Bank to raise foreign holding to 74 percent.

LeEco seeks FIPB nod for single-brand retail stores

Chinese device maker LeEco Monday said it has filed an application with the FIPB for opening single-brand retail stores to sell its electronic products.