FIPB

Karti Chidamabaram, facing CBI probe, leaves for London; father says he will return soon

Former Finance Minister and senior Congress leader P Chidambaram's son Karti, who is facing a CBI probe in connection with an alleged case of bribery and corruption, has left for London, reports said on Friday.

May 19, 2017, 09:46 AM IST

Chidambaram has no choice but cooperate with CBI: Ravi Shankar Prasad

Union Law Minister Ravi Shankar Prasad on Tuesday, while defending the Central Bureau of Investigation (CBI) said, 'nothing else can be expected from him'.

May 16, 2017, 16:51 PM IST

FIPB abolition in final stages: Jaitley

FIPB was initially constituted under the Prime Minister's Office in the wake of economic liberalisation in the early 1990s.

Apr 28, 2017, 13:34 PM IST

Gave approval to Aircel-Maxis deal in normal course of biz: P Chidambaram

Chidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various aspects of the Aircel-Maxis deal.

Apr 04, 2017, 12:53 PM IST

Defence sector receives only $1 million of FDI in 3 years

The defence sector received only USD 1 million in terms FDI equity inflow in the last three years, the Lok Sabha was informed on Friday.

Mar 24, 2017, 20:41 PM IST

Give evidence to back allegation against Chidambaram in Aircel-Maxis deal: SC to Swamy

The Supreme Court on Friday asked BJP leader Subramanian Swamy to place before it concrete evidence backing his plea for probe into the role of then Finance Minister P. Chidambaram into alleged breach of norms committed by the Foreign Investment Promotion Board (FIPB) in approving the Aircel-Maxis deal in 2006.

Feb 10, 2017, 22:26 PM IST

Foreign direct investment zooms 60% to $4.68 billion in November

With the government taking steps to improve ease of doing business and relax regulations, foreign direct investment into the country surged by 60 percent to USD 4.68 billion in November 2016.

Feb 08, 2017, 16:35 PM IST

Winding up FIPB to make ease of doing business better: Nirmala Sitharaman

Disbanding FIPB will further improve ease of doing business and the respective regulators of the ministries concerned are "sufficient" to take care of investment proposals, Commerce and Industry Minister Nirmala Sitharaman today said.

Feb 06, 2017, 18:44 PM IST

FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das

In another two months, the government hopes to put in place a new mechanism to replace the existing Foreign Investment Promotion Board (FIPB), which will further improve ease of doing business, Economic Affairs Secretary Shaktikanta Das has said.

Feb 05, 2017, 19:53 PM IST

7 FDI proposals worth Rs 100 crore get FIPB approval

Inter-ministerial body FIPB on Thursday cleared seven proposals envisaging foreign investment of Rs 100 crore.

Oct 27, 2016, 20:31 PM IST

FIPB defers decision on Idea Cellular, clears Rs 2,300 

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said.

Sep 26, 2016, 21:33 PM IST

Government clears 11 FDI proposals worth Rs 2,325 crore

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.

Sep 26, 2016, 19:05 PM IST

FIPB to take up 15 foreign investment proposals on Sep 26

 FIPB will decide on 15 foreign investment proposals, including that of Idea Cellular Infrastructure Services and Sharekhan, on September 26.

Sep 18, 2016, 11:40 AM IST

6 insurers get FIPB nod for Rs 2,566-crore FDI till Feb 2016

As many as six private insurers have got FIPB approval for foreign investment proposals worth Rs 2,566 crore till February after the government increased the FDI cap in the sector to 49 per cent from 26 percent.

May 14, 2016, 18:26 PM IST

FIPB clears FDI proposals worth Rs 13,000 crore

The FIPB on Friday cleared FDI proposals worth Rs 13,000 crore including Rs 12,900-cr proposal of Axis Bank to raise foreign holding to 74 percent.

Apr 29, 2016, 18:32 PM IST

LeEco seeks FIPB nod for single-brand retail stores

Chinese device maker LeEco Monday said it has filed an application with the FIPB for opening single-brand retail stores to sell its electronic products.

Apr 18, 2016, 21:28 PM IST

98% FDI coming via automatic route: DEA Secretary

Finance Ministry today said 98 percent of foreign direct investment is coming into India through the automatic route and as a "positive sign" the number of applications being routed via the FIPB approval route has started declining

Apr 09, 2016, 18:56 PM IST

FIPB clears 10 FDI proposals worth Rs 505 crore

An inter-minister panel today cleared 10 foreign direct investment (FDI) proposals worth Rs 505 crore, including that of Singapore-based Helix Investment.

Apr 08, 2016, 20:21 PM IST

FIPB to take up 16 FDI proposals at April 5 meeting

The foreign investment promotion board at its meeting on April 5 will take up 16 FDI proposals, including that of Cholamandalam MS General Insurance Co and Indian Rotorcraft in defence sector.

Mar 23, 2016, 15:47 PM IST

FIPB clears 15 FDI proposals worth Rs 7,262 crore

Japanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.

Mar 21, 2016, 15:13 PM IST