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

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.

Foreign investment falls sharply in China in July

Last Updated: Monday, August 18, 2014, 18:36

Amid a crackdown on a host of MNCs over alleged violations of the anti-monopoly laws, foreign investments into China slumped in July by 16.95 percent from a year earlier to USD 7.81 billion, the government said Monday.

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.

India in talks to simplify process of foreign investment: RBI

Last Updated: Thursday, August 14, 2014, 13:25

The Reserve Bank of India (RBI) is in talks with market participants to simplify the process of investing into the country`s debt market, deputy governor H.R. Khan said on Thursday, responding to questions about international settlement of securities through Euroclear.

Modi govt selling `desi` dreams through foreign route: Sharad Yadav

Last Updated: Saturday, August 09, 2014, 23:40

JD(U) President Sharad Yadav on Saturday criticised the BJP-led NDA government for its move to invite foreign investment in a host of key sectors saying there was no difference between this and the previous Congress-led UPA government.

Mexico's Congress gives final nod to landmark oil reform

Last Updated: Thursday, August 07, 2014, 11:58

Mexico's Congress gave final approval to a historic energy reform that will open the state-controlled sector to foreign investment for the first time since 1938.

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.

No further FII investment in Persistent Systems: RBI

Last Updated: Friday, August 01, 2014, 00:11

The RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.

Bank of Cyprus approves $1 bn private share placement

Last Updated: Tuesday, July 29, 2014, 15:30

BoC announced late Monday the successful placement of 4.2 billion new ordinary shares at a price per share of 24 euro cents.

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.