Modi government clears FDI proposals worth Rs 1,827.24 crore

Last Updated: Saturday, January 10, 2015, 00:30

The Finance Ministry on Friday said it has cleared 12 FDI applications, including that of Ratnakar Bank to raise foreign equity limit to 74 percent, entailing total investment of Rs 1,827.24 crore.

Govt to take up 36 FDI proposals on Jan 22

Last Updated: Sunday, January 4, 2015, 16:53

The nod from FIPB in the Finance Ministry is required in certain sectors like pharmaceutical and defence, which are considered as sensitive areas.

FIPB clears HDFC Bank and Ratnakar Bank FDI proposals

Last Updated: Friday, December 19, 2014, 21:19

HDFC Bank and Ratnakar Bank today got clearance from government panel Foreign Investment Promotion Board for their respective FDI proposals.

FIPB to consider 31 FDI proposals on Friday

Last Updated: Sunday, December 14, 2014, 12:10

The board will consider FDI proposals including those of HDFC Bank, Ratnakar Bank and Novartis Healthcare.

Govt to consider 31 FDI proposals on Dec 16

Last Updated: Sunday, December 7, 2014, 15:10

The nine proposals include that of Pureplay Investment Partners (Mauritius), INX Music, ASV Europa Security Private Limited, Halyard Health Inc (US) and Beloor Bayir Biotech.

FIPB to decide Monday on GlaxoSmithKline, pharma FDI proposals

Last Updated: Sunday, January 12, 2014, 14:59

The acquisition would result in foreign exchange inflows to the tune of Rs 6,400 crore, they added.

FIPB clears 12 FDI proposals worth Rs 343 cr

Last Updated: Tuesday, August 6, 2013, 19:57

The Government has cleared 12 FDI proposals worth Rs 343 crore and kept on hold the decision on US-based Mylan Inc's proposal to acquire an Indian pharma company.

FIPB clears 7 pharma FDI proposal, defers 3

Last Updated: Friday, July 5, 2013, 16:10

The Foreign Investment Promotion Board (FIPB) on Friday cleared seven FDI proposals in Indian pharmaceutical companies, while deferring three cases on concerns of ownership control.

FIPB clears 16 FDI proposals worth Rs 1,647 crore

Last Updated: Tuesday, June 18, 2013, 14:56

The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore, while deferring Punj Lloyd's proposals for lack of security clearance.