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FDI in telecom jumps manifold to $1.5 bn in Apr-May

FDI in telecom jumps manifold to $1.5 bn in Apr-May

Last Updated: Tuesday, July 29, 2014, 18:05

After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to USD 1.5 billion in the first two-months of the 2014-15 fiscal.

Home Min opposes hike in FDI caps in telecom, aviation

Last Updated: Tuesday, December 10, 2013, 21:26

Citing security concerns the Home Ministry has opposed hike in Foreign Direct Investment (FDI) caps in sectors like aviation and telecom, Lok Sabha was informed Tuesday.

SingTel to be first to own 100% stake in Indian telecom firm

Last Updated: Thursday, October 24, 2013, 16:55

The SingTel's Global (India) Pvt Ltd's proposal has been cleared, said Department of Economic Affairs Secretary Arvind Mayaram, who heads the FIPB.

Vodafone to invest over $2 billion in local unit: Sibal

Last Updated: Tuesday, October 15, 2013, 18:08

Sibal said the government wants consolidation in India's 12-player telecoms market.

I&B asks TRAI, PCI to expedite recommendations on FDI in media

Last Updated: Wednesday, August 21, 2013, 22:25

The I&B ministry had earlier sought comments from TRAI on a paper prepared by the Finance ministry in which it had suggested raising the FDI limits in the broadcasting sector.

Telecom sector received Rs 58,782 cr FDI in last 13 years

Last Updated: Sunday, August 18, 2013, 13:35

"The telecom sector has attracted FDI inflows of Rs 58,782 crore from April 2000 till May 2013," Minister of State for Communications and IT Milind Deora said.

Cabinet approves 100% FDI in telecom

Last Updated: Thursday, August 01, 2013, 22:20

In a major reform push, government Thursday approved 100 percent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.

100% FDI in telecom to spur interest in upcoming auctions: BofA

Last Updated: Sunday, July 21, 2013, 12:04

Last week, the government permitted 100 percent foreign direct investment in telecom, versus the 74 percent ownership cap earlier.

Telecom stocks wash out gains;down upto 4.3% on profit-booking

Last Updated: Wednesday, July 17, 2013, 12:28

Telecom stocks on Wednesday surged as much as four percent after government allowed 100 percent FDI but the euphoria did not last long as investors booked profits washing out all gains.

FICCI, CII welcome changes in FDI norms

Last Updated: Wednesday, July 17, 2013, 09:12

The government has cleared 100 percent FDI in telecom, raised FDI in insurance to 49 percent, in asset reconstruction from 74 percent to 100 percent and in credit information companies from 49 percent to 74 percent.

Govt announces 2nd round of FDI reforms; 100% in telecom

Last Updated: Tuesday, July 16, 2013, 20:31

The government decided to hike foreign direct investment (FDI) in a dozen sectors, including 100 percent in telecom and higher caps in insurance and defence sectors.

100% FDI has nothing to do with security: Sibal

Last Updated: Tuesday, July 16, 2013, 18:58

The Ministry of Home Affairs in the past has raised concerns on increasing FDI in telecom sector.