Last Updated: Monday, June 15, 2015, 17:53
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.
Last Updated: Sunday, June 7, 2015, 16:12
The Foreign Investment Promotion Board, chaired by Finance Secretary Rajiv Mehrishi, can recommend foreign investment proposals worth up to Rs 3,000 crore to the Finance Ministry for approval.
Last Updated: Monday, June 1, 2015, 19:28
The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Adani Ports and Special Economic Zone Ltd (APSEZ) under the Portfolio Investment Scheme (PIS).
Last Updated: Wednesday, May 27, 2015, 16:31
The government has said that FIPB's approval will not be required for merger and acquisitions in sectors where FDI is allowed under automatic route, a move aimed at further improving the ease of doing business in the country.
Last Updated: Friday, May 22, 2015, 17:38
"I hope to utilise this platform to encourage closer economic ties between our two nations and promote Indian investment in South Korea," Goenka said.
Last Updated: Wednesday, May 13, 2015, 10:35
Australia-based company, which specialises in polymer soil stabilisation, will be investing around Rs 100 cr.
Last Updated: Tuesday, May 12, 2015, 22:34
Direct investments by Indian firms abroad fell by 62 percent to USD 2.23 billion in April 2015 compared to that of USD 5.83 billion in the same month last year.
Last Updated: Wednesday, May 6, 2015, 22:22
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.
Last Updated: Monday, May 4, 2015, 23:40
Foreign investors can own no more than 10 percent of Saudi Arabia`s stock market by value, the regulator said on Monday as it announced rules opening the $575 billion bourse to direct foreign investment next month.
Last Updated: Friday, May 1, 2015, 11:37
China`s total investment in Australia for 2012-13 was at Aus$15.8 billion, which had made it the third-largest investor behind the US and Switzerland, with the European nation`s spending driven by a Aus$15.8 billion splurge in mining.
Last Updated: Thursday, April 30, 2015, 18:54
An inter-ministerial panel on Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.
Last Updated: Thursday, April 30, 2015, 18:22
An inter-ministerial panel Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.
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