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.
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.
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.
Last Updated: Sunday, December 14, 2014, 12:10
The board will consider FDI proposals including those of HDFC Bank, Ratnakar Bank and Novartis Healthcare.
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.
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.
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.
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.
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.
Last Updated: Friday, June 14, 2013, 19:23
"Telenor proposal has been approved," Economic Affairs Secretary Arvind Mayaram said after the meeting of Foreign Investment Promotion Board (FIPB).
Last Updated: Friday, June 14, 2013, 10:08
As per the proposal, Jet Airways plans to sell 24 percent stake to Abu Dhabi-based Etihad for about Rs 2,058 crore.
Last Updated: Thursday, June 13, 2013, 15:02
In March, the FIPB had cleared the Rs 81 crore investment proposal of AirAsia to set up a JV airline company with Tata Sons and another partner.
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