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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.

98% FDI coming via automatic route: DEA Secretary

98% FDI coming via automatic route: DEA Secretary

Finance Ministry today said 98 percent of foreign direct investment is coming into India through the automatic route and as a "positive sign" the number of applications being routed via the FIPB approval route has started declining

FIPB clears 10 FDI proposals worth Rs 505 crore

An inter-minister panel today cleared 10 foreign direct investment (FDI) proposals worth Rs 505 crore, including that of Singapore-based Helix Investment.

FIPB to take up 16 FDI proposals at April 5 meeting

The foreign investment promotion board at its meeting on April 5 will take up 16 FDI proposals, including that of Cholamandalam MS General Insurance Co and Indian Rotorcraft in defence sector.

FIPB clears 15 FDI proposals worth Rs 7,262 crore

Japanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.

FIPB clears Rs 14,000 crore FDI proposals; Nippon, Yes Bank get nod

FIPB clears Rs 14,000 crore FDI proposals; Nippon, Yes Bank get nod

The Foreign Investment Promotion Board (FIPB) Monday cleared 16 FDI proposals worth Rs 14,000 crore including that of Japan's Nippon hiking stake in Reliance Life Insurance to 49 per cent, as also that of four other foreign insurers

FIPB clears 5 FDI proposals worth Rs 6,050 cr, Cadila gets nod

FIPB clears 5 FDI proposals worth Rs 6,050 cr, Cadila gets nod

Government on Thursday approved five foreign investment proposals involving an inflow of Rs 6,050 crore including a Rs 5,000-crore plan of Cadila Healthcare for fresh equity infusion.

 

FIPB clears Cadila Healthcare, 8 other proposals

Cadila Healthcare was reconsidered by the FIPB following the changes made by the government in foreign direct investment (FDI) policy last month.

Bupa to acquire additional 23% stake in Max Bupa for Rs 191 crore

Bupa to acquire additional 23% stake in Max Bupa for Rs 191 crore

UK's Bupa will increase its stake in Indian health insurance venture Max Bupa by 23 per cent to 49 per cent for Rs 191 crore.

FIPB clears 6 FDI proposals worth Rs 1,810 crore

The board has approved the proposal of IIFL Holdings.