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FIPB may take up HDFC Bank's FDI proposal in next meeting

Last Updated: Tuesday, August 19, 2014, 16:58

The controversial proposal of HDFC Bank to hike foreign holding may be taken up by the Foreign Investment Promotion Board (FIPB) in the next meeting following clarifications submitted by the bank.

Aircel-Maxis case: CBI planning to question FinMin officials

Last Updated: Sunday, August 17, 2014, 21:59

CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to Aircel-Maxis deal even as it plans to file the first charge sheet in the matter this week.

CBI to look into FIPB approval of Aircel-Maxis deal

Last Updated: Thursday, August 14, 2014, 21:25

CBI will look into allegations of approval being given fraudulently by Foreign Investment Promotion Board (FIPB) to the Aircel-Maxis deal but that will not be part of first charge sheet which is likely to be filed soon.

FIPB gives conditional nod to IndiGo's FDI proposal

Last Updated: Friday, August 01, 2014, 19:58

FIPB on Friday gave conditional approval to the proposal of InterGlobe Aviation which would pave the way for fresh foreign direct investment in private air carrier IndiGo.

FIPB clears 19 FDI proposals entailing Rs 2,327 cr investment

Last Updated: Thursday, July 24, 2014, 18:24

FIPB has cleared 19 FDI proposals including that of Walt Disney Company and Reckitt Benckiser (India) entailing total investments of Rs 2,326.72 crore.

'Insurance FDI via FIPB reduces regulator's powers'

Last Updated: Saturday, July 19, 2014, 14:16

The central government`s proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator`s wings and also a face saving measure by the BJP, say insurance officials.

FIPB to take up 32 FDI proposals on June 11

Last Updated: Sunday, June 08, 2014, 21:08

Meeting for the first time after formation of the new government, the FIPB proposes to take up 32 foreign direct investment proposals from the likes of Pfizer, BNP Paribas and Bulgari International Corporation on June 11.

Govt approves 10 FDI proposals worth Rs 140 crore

Last Updated: Tuesday, May 20, 2014, 18:32

The government has cleared 10 foreign direct investment proposal totalling Rs 139.95 crore, including that of Equitas Holding and Ambit Pragma Fund II.

FIPB to take up HDFC Bank's fgn investment proposal on May 13

Last Updated: Sunday, May 04, 2014, 21:18

Sources said the proposal would come up before the FIPB after a meeting of the Department of Economic Affairs (DEA) and the Department of Industrial Policy and Promotion (DIPP) likely next week.

FIPB likely to reject HDFC Bank's proposal to increase FDI

Last Updated: Tuesday, April 29, 2014, 22:02

The FIPB is likely to reject HDFC Bank proposal to allow further foreign holding as it would cross the 74 percent sectoral ceiling, officials sources said.

FIPB fails to take up HDFC Bank's proposal to raise FDI limit

Last Updated: Wednesday, April 23, 2014, 20:36

HDFC Bank had approached the Foreign Investment Promotion Board (FIPB) in the latter half of 2013 to increase the foreign holding in the bank to 67.55 percent from 49 percent.

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.