FIBP clears 14 FDI proposals out of 23, rejects 4

Last Updated: Friday, September 11, 2015, 21:22

India`s Foreign Investment Promotion Board (FIPB) on Friday cleared 14 foreign direct investment (FDI) proposals, including that of Shyam Sistema Teleservices, IIFL Holdings and Eros International Media.

FIPB clears 14 FDI proposals

Last Updated: Friday, September 11, 2015, 14:42

The FIPB on Friday cleared 14 foreign investment proposals including that of Shyam Sistema Teleservices and IIFL Holdings.

Cabinet allows 100% FDI under automatic route for white label ATMs

Last Updated: Wednesday, September 9, 2015, 17:12

The Cabinet on Wednesday permitted 100 percent foreign direct investment (FDI) under the automatic route for white label ATM operations, a move that is aimed at promoting financial inclusion.

FDI in railways: GE, Alstom ahead in race for bagging loco projects in Bihar

Last Updated: Tuesday, September 1, 2015, 23:29

GE and Alstom are believed to be ahead of other bidders in the race to bag contracts for the setting up of multi-crore diesel and electric locomotive factories in Bihar that are among the top eight infrastructure initiatives which are being monitored by the PMO.

FDI in railways: Three global cos bid for setting up loco factory

Last Updated: Monday, August 31, 2015, 23:02

Marking first major FDI offer in the railways, three global companies have submitted financial bids for setting up of a modern electrical locomotive factory in Madhepura in Bihar at the cost of nearly Rs 1300 crore.

FDI in services sector dips 14% in April-June quarter

Last Updated: Sunday, August 30, 2015, 10:39

The (services) sector contributes about 60 percent to the India's economic growth. In FY 2013-14, foreign investment in the sector increased to USD 3.25 billion from USD 2.22 billion in the preceding fiscal.

Edelweiss Financial Services shares surge over 4%

Last Updated: Wednesday, August 26, 2015, 13:05

Shares of Edelweiss Financial Services Wednesday surged over 4 percent, after its subsidiary Edelweiss Tokio Life Insurance got necessary approval from FIPB to increase its FDI cap.

FDI reporting module to promote ease of doing business: RBI

Last Updated: Monday, August 24, 2015, 22:09

Reserve Bank Monday said the launch of a module for reporting Foreign Currency Transfer of Shares (FCTRS) is a step forward in the direction of promoting ease of doing business in India.

FDI inflow rises by 40% in April-June at Rs 60,299 crore

Last Updated: Thursday, August 20, 2015, 22:43

Foreign direct investment (FDI) in India during April-June this year increased by 40 percent at Rs 60,299 crore as against Rs.43,171 crore in the same period of 2014, according to official data.

FDI up 6.5% to $2.05 bn in June

Last Updated: Thursday, August 20, 2015, 17:46

The Foreign direct investment (FDI) in the country increased by about 6.5 per cent to USD 2.05 billion in June this year, according to official data.

China FDI up 5.2% in July year-on-year on M&A: Govt

Last Updated: Wednesday, August 19, 2015, 09:47

"The amount and the proportion of foreign capital mergers and acquisitions rose sharply between January and July," it said in a statement.

Govt weighs FDI in rubber, coffee plantation

Last Updated: Monday, August 17, 2015, 18:33

The government is considering allowing foreign direct investment (FDI) in rubber and coffee plantation sectors with an aim to attract more FDI into the country.