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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.

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 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 3 FDI proposals worth Rs 160 crore

FIPB clears 3 FDI proposals worth Rs 160 crore

The foreign investment promotion board today cleared three FDI proposals worth Rs 160 crore.

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.

FIPB clears Tata-AgustaWestland chopper facility proposal in Hyderabad

FIPB clears Tata-AgustaWestland chopper facility proposal in Hyderabad

In a significant development, the Foreign Investment Promotion Board (FIPB) has cleared the proposal for chopper assembling unit up by the Indian Rotorcraft Ltd (IRL), a joint venture between AgustaWestland and Tata Sons Limited.

CCEA to decide on two FDI proposals worth Rs 13,200 crore

Cabinet will take a final call on Rs 13,200-crore FDI proposals of Sistema Shyam TeleServices and IIFL Holdings, which have been referred to it for consideration by Foreign Investment Promotion Board (FIPB).

FIPB clears 18 FDI proposals worth Rs 5,000 crore

FIPB clears 18 FDI proposals worth Rs 5,000 crore

FIPB Tuesday cleared 18 foreign investment proposals, including that of Aegon Religare Life Insurance and Aditya Birla Nuvo, worth about Rs 5,000 crore.

FIPB to take up 31 FDI proposals on Tuesday

Inter-ministerial body FIPB on September 29 will take up 31 foreign investment proposals including that of Cipla, Aditya Birla Nuvo and HDFC Capital Advisors.

FIBP clears 14 FDI proposals out of 23, rejects 4

India`s Foreign Investment Promotion Board (FIPB) on Friday cleared 14 foreign direct investment (FDI) proposals, including that of Shyam Sistema Teleservices, IIFL Holdings and Eros International Media.

Assembling of AgustaWestland choppers by IRL likely to be delayed

 The proposed chopper assembling unit by IRL, a joint venture between AgustaWestland and Tata Sons Ltd, may further be delayed as the FIPB has once again deferred its decision on the proposal.

FIPB clears Bandhan, 22 other FDI proposals

The foreign investment promotion board (FIPB) Monday cleared 23 FDI proposals including those of Bandhan Financial Services and Catholic Syrian Bank.

FIPB to take up 47 foreign investment proposals tomorrow

Bandhan Financial Services has been granted universal banking licence by the Reserve Bank. The bank will be launched next week.

Syngene gets nod to raise foreign investment to 44%

Syngene gets nod to raise foreign investment to 44%

Syngene, a subsidiary of Biocon, on Monday said it has received the Foreign Investment Promotion Board (FIPB) approval for raising foreign investment in the company to 44 percent from the earlier approved 10 percent.

Kotak Mahindra Bank shares down 2%

The stock slipped 1.83 percent to Rs 1,266 at the BSE.

FIPB again defers Kotak bank proposal for raising FII limit

The Foreign Investment Promotion Board (FIPB) had taken up the application in its meeting, but the decision was deferred in want of comments from the Department of Financial Services (DFS), sources said.

FIPB can recommend FDI proposals up to Rs 3,000 crore

With an aim to increase FDI inflows, the government Wednesday enhanced FIPB's powers to recommend foreign investment proposals of up to Rs 3,000 crore.

FIPB defers Kotak Mahindra Bank proposal for raising FII limit

An inter-ministerial panel Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.