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Trent awaiting nod for JV with Tesco: Noel Tata

Last Updated: Monday, March 10, 2014, 18:19

Tata Group firm Trent Hypermarket and Tesco in December last year won approval of the Foreign Investment Promotion Board (FIPB) to open multi-brand retail stores, but the two may have still not got final approval orders owing to inter- ministerial issues over wording of the nod.

Nine foreign investment proposals worth Rs 798.73 cr approved

Last Updated: Sunday, February 09, 2014, 15:57

The Ministry said it approved the nine proposals following recommendations of the Foreign Investment Promotion Board (FIPB).

FIPB to take up HDFC Bank plan to hike overseas stake on Feb 3

Last Updated: Tuesday, January 21, 2014, 15:34

The Foreign Investment Promotion Board (FIPB) will consider a proposal by HDFC Bank to increase the overseas shareholding limit on February 3.

GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

Last Updated: Sunday, January 05, 2014, 13:24

UK-based drug major GlaxoSmithKline is knocking at the FIPB's doors to raise stake in its India arm by acquiring an additional 24.33 percent for around Rs 6,400 crore.

FIPB nod will allow to work on setting up JV with Trent: Tesco

Last Updated: Monday, December 30, 2013, 19:29

The apporval by FIPB to the proposal to invest USD 110 million in the Indian multi-brand retail segment will allow to work on practicalities of setting up a joint venture with Tata group firm Trent, UK-based Tesco Plc said Monday.

FIPB clears Tesco's $110 mn multi-brand retail proposal

Last Updated: Monday, December 30, 2013, 18:00

The Foreign Investment Promotion Board Monday approved UK-based Tesco Plc's proposal to enter the Indian multi-brand retail segment in joint venture with Tata Group company with an initial investment of USD 110 million (about Rs 680 crore).

Vodafone gets FIPB nod to raise stake in India arm

Last Updated: Monday, December 30, 2013, 17:20

UK-based telecom player Vodafone's Rs 10,000 crore proposal to buy out minority shareholders in its Indian arm was on Monday approved by the FIPB.

FIPB defers decision on Vodafone's Rs 10,141 crore proposal

Last Updated: Monday, December 09, 2013, 21:28

The Foreign Investment Promotion Board Monday deferred a decision on Vodafone's Rs 10,141 crore proposal to buy out minority shareholders in its Indian arm as the Ministry of Home Affairs is yet to give its comments.

FIPB to take up Vodafone's Rs 10,141 crore proposal Friday

Last Updated: Thursday, December 05, 2013, 18:34

The Foreign Investment Promotion Board (FIPB) will on Friday consider the Rs 10,141 crore proposal of UK telecom giant Vodafone to acquire the remaining stake in its Indian arm.

12 FDI proposals worth Rs 822 cr cleared: Govt

Last Updated: Monday, December 02, 2013, 22:20

Government Monday said it has cleared 12 foreign investment proposals, including that of Swedish fashion major Hennes & Mauritz, totalling Rs 821.63 crore.

FIPB to take up Vodafone's Rs 10,141 crore proposal on Dec 6

Last Updated: Monday, November 25, 2013, 13:55

The Foreign Investment Promotion Board (FIPB) will on December 6 consider the Rs 10,141 crore proposal of UK telecom giant Vodafone to acquire the remaining stake in its Indian arm.

Analjit sees no hurdle to Voda bid to raise stake

Last Updated: Sunday, November 24, 2013, 14:54

Vodafone India Chairman Analjit Singh, who is also a minority shareholder in the company, expects no hurdle to the British major's application to raise its stake in the local unit to 100 percent.