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HDFC Bank may not get FIPB nod for overseas stake proposal

HDFC Bank may not get FIPB nod for overseas stake proposal

Last Updated: Tuesday, April 22, 2014, 20:44

HDFC Bank is unlikely to get FIPB approval for its proposal to raise the overseas shareholding limit as it might breach the sectoral FDI cap.

No non-compete clause in case of FDI in pharma deals

Last Updated: Monday, April 21, 2014, 22:10

India allows 100 percent FDI in pharma sector.

FDI in defence cos to remain at Aug, 2013 level

Last Updated: Thursday, April 17, 2014, 22:59

The government on Thursday said that companies engaged in defence manufacturing will not be allowed to further increase foreign portfolio investment beyond August last year level.

India's overseas investment in Mar doubles at $5.23 bn

Last Updated: Friday, April 11, 2014, 22:00

Overseas direct investment by Indian companies more than doubled to USD 5.23 billion in March 2014 as compared to same month last year.

New govt to decide on FDI relaxation in construction, railways

Last Updated: Thursday, April 10, 2014, 18:29

The new government is scheduled to be formed next month as the nine-phase general elections for the 16th Lok Sabha has started from April 7 and counting will be held on May 16.

FDI in services sector drops 61% during April-January

Last Updated: Sunday, April 06, 2014, 11:13

Industry experts say foreign investment may increase after the formation of the new government, which is expected in May.

FDI in 2013 dips 3% to $22 billion

Last Updated: Sunday, March 30, 2014, 15:25

Foreign direct investment (FDI) in India dipped by 3 percent to USD 22.03 billion in 2013, according to the official data.

Cong promises 8% growth, generate 10 cr jobs

Last Updated: Wednesday, March 26, 2014, 17:45

Congress on Wednesday promised to push economic growth rate to 8 percent in the next three years, create 10 crore jobs and take firm steps to contain inflation.

India's FDI inflows up 1.5% to $2.18 billion in January

Last Updated: Thursday, March 20, 2014, 17:30

Foreign direct investment (FDI) into India grew by a meagre 1.5 percent to USD 2.18 billion in January, according to the data by the Department of Industrial Policy and Promotion.

FDI in services drops 60% in April-December

Last Updated: Monday, March 10, 2014, 16:50

Foreign direct investment (FDI) into the services sector declined by about 60 percent to USD 1.59 billion in the first nine months of this financial year.

Govt to soon take view on FDI policy in railways: Com Min

Last Updated: Tuesday, March 04, 2014, 19:22

"All the concerned stakeholders including the Railways Ministry are on board. I hope this will happen soon," Sharma told reporters here.

Cabinet note on FDI in rail, construction sectors ready: Sharma

Last Updated: Monday, March 03, 2014, 19:41

"Yes, we have cleared the Cabinet note on the FDI proposal in the railway and construction sectors," he said.