Govt to reconsider IKEA's proposal on Jan 18

Last Updated: Sunday, January 6, 2013, 11:09

"Meeting of Foreign Investment Promotion Board (FIPB) is scheduled on January 18 and the IKEA's case may be taken up," a Department of Industrial Policy and Promotion (DIPP) official said.

FIPB seeks more info from IKEA, to take up proposal next week

Last Updated: Monday, December 31, 2012, 09:28

"IKEA's proposal will be taken up next week," Economic Affairs Secretary Arvind Mayaram said after the Foreign Investment Promotion Board (FIPB) reviewed the application..

FinMin to take call on IKEA's FDI proposal Monday

Last Updated: Sunday, December 30, 2012, 12:48

The FIPB, headed by Economic Affairs Secretary Arvind Mayaram, has already allowed IKEA to invest Rs 4,200 crore to undertake single brand retailing of its products.

IKEA insists on approval for its entire range of products

Last Updated: Thursday, December 27, 2012, 15:40

Swedish furniture retailer IKEA on Thursday said it wants the government to allow it to "retail its entire range of products", including opening of cafes in its stores in India, in the wake of FIPB approving only Rs 4,200 crore investment out of a total of a proposed Rs 10,500 crore.

FinMin to review IKEA's FDI proposal on Monday

Last Updated: Wednesday, December 26, 2012, 17:55

The proposal will come up before FIPB on December 31.

IKEA approaches FIPB again; seeks review of its application

Last Updated: Sunday, December 23, 2012, 11:37

On November 20, the Foreign Investment Promotion Board (FIPB) approved the IKEAs proposal to invest Rs 10,500 crore to open single brand retail stores in India, but pruned the list of items which it wants to sell.

No dilution of permission granted to Ikea: FinMin

Last Updated: Saturday, November 24, 2012, 17:54

Earlier this week, the Foreign Investment Promotion Board (FIPB) had reportedly halved the product range that Ikea listed out at 30 items.

IKEA's proposal to invest in single-brand retail gets FIPB nod

Last Updated: Tuesday, November 20, 2012, 17:58

Government's single-window body to clear foreign investment proposals, FIPB, Tuesday cleared Swedish furniture major IKEA's Rs 10,500-crore project, the largest FDI in single-brand retail so far.

Finance Ministry to decide on IKEA's FDI proposal today

Last Updated: Tuesday, November 20, 2012, 08:47

IKEA's proposal to set up 25 stores in India is listed on the agenda of Foreign Investment Promotion Board (FIPB), which will meet on Tuesday to consider 27 FDI proposals.

FinMin to decide on IKEA's FDI proposal on Tuesday

Last Updated: Monday, November 19, 2012, 19:16

IKEA's proposal to set up 25 stores in India is listed on the agenda of Foreign Investment Promotion Board (FIPB), which will meet Tuesday to consider 27 FDI proposals.

IKEA proposal approved by Commerce Ministry: Anand Sharma

Last Updated: Sunday, November 18, 2012, 19:11

Specifically referring to IKEA's proposal, Sharma said, it has been "approved by us, now it is with the FIPB."

Ikea expresses ‘regret’ over using ‘forced prison labour’ for manufacturing

Last Updated: Saturday, November 17, 2012, 11:19

Swedish furniture giant Ikea has expressed regret after admitting that it benefited from the use of ‘forced prison labour’ by some of its suppliers in communist East Germany more than two decades ago.