FIPB to consider Jet Airways` foreign fund raising plans

Private carrier Jet Airways` plan to raise funds from international institutional investors will come up for approval by the Foreign Investment Promotion Board this week.

FIPB defers recommendation on giving telecom licence to Bycell

The Foreign Investment Promotion
Board has again deferred its recommendation on the revised
Rs 2,500-crore proposal of Swiss telecom company ByCell to
start telecom services in India.

FIPB clears Telenor`s proposal to up stake in Unitech Wireless

FIPB is believed to have cleared the proposal of Norwegian telecom firm Telenor to hike its stake in its Indian telecom joint venture Unitech Wireless, putting an end to a two-month long wait by the telco.

FIPB approves Inditex-Trent JV

The FIPB has approved a proposal by the Spanish apparel player, Industria de Diseno Textil, Sociedad Anonima (Inditex SA), to set up a joint venture with the Tata group subsidiary, Trent Ltd with an investment of Rs 23.58 crore.