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HDFC to sell 9% stake in HDFC Life to UK firm for over Rs 1700 crore

Last Updated: Friday, August 14, 2015, 23:47

HDFC on Friday said it will sell 9 percent stake in HDFC Life to its British joint venture partner Standard Life for a little over Rs 1,700 crore.

Govt clears FDI proposals worth Rs 10,379 crore

Last Updated: Thursday, August 13, 2015, 21:45

"The government has approved 23 proposals of foreign direct investment amounting to Rs 10,378.92 crore," the Finance Ministry said.

FDI in agri sector at Rs 37.64 crore in April-May

Last Updated: Tuesday, August 11, 2015, 15:57

The country received Rs 37.64 crore foreign direct investment (FDI) in agriculture services in the April-May period of this fiscal, Parliament was informed Tuesday.

PM Modi's foreign visits helped India received FDI worth $19.78 billion

Last Updated: Wednesday, August 5, 2015, 21:30

India received USD 19.78 billion foreign direct investment (FDI) from 12 countries visited by Prime Minister Narendra Modi in financial year 2014-15, Parliament was informed Wednesday.

Govt considering 19 proposals entailing Rs 30,552 cr investment

Last Updated: Wednesday, August 5, 2015, 18:43

As many as 19 proposals with an estimated investment of Rs 30,552.45 crore is under the consideration of the government, Parliament was informed Wednesday.

Permit FDI in e-retailing: Manufacturing associations to Govt

Last Updated: Monday, August 3, 2015, 22:24

Three associations from textiles, MSME and gems and jewelery sector have asked the government to permit foreign direct investment (FDI) in e-retailing.

10-time jump in FDI in petroleum and gas sector

Last Updated: Monday, August 3, 2015, 15:21

Union Minister Dharmendra Pradhan, while replying to questions, said the government is encouraging foreign investment to supplement domestic investment and technological capabilities.

India got $185 mn FDI in insurance from March-May

Last Updated: Friday, July 31, 2015, 18:36

India received USD 184.97 million (about Rs 1,186 crore) foreign direct investment (FDI) in the insurance sector during March to May this year, Parliament was informed on Friday.

FDI inflows rose in 2014-15 from 3 countries visited by Modi

Last Updated: Thursday, July 30, 2015, 19:59

FDI inflows increased in 2014-15 from three countries out of four major investing nations visited by Prime Minister Narendra Modi last fiscal with Australia showing a decline, government said Thursday.

Govt notifies composite cap for foreign investment

Last Updated: Thursday, July 30, 2015, 19:50

Sectors like insurance, pension, retail and pharmaceuticals will benefit from introduction of composite cap in the FDI policy which came into effect from Thursday.

Govt clears seven FDI proposals worth Rs 981 crore

Last Updated: Wednesday, July 29, 2015, 18:16

Government on Wednesday said it has cleared seven foreign investment proposals, including that of Hathway Cable and Datacom, totalling over Rs 981 crore.

FDI rises to 4-month of $3.85 billion in May

Last Updated: Wednesday, July 22, 2015, 19:45

Foreign direct investment (FDI) in the country rose to four-month high of USD 3.85 billion in May 2015, up by 7 percent compared to the same month of last year, official data showed.