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FIPB clears 10 FDI proposals worth Rs 2,858 crore

The Foreign Investment Promotion Board has cleared 10 foreign direct investment proposals worth Rs 2,858 crore (Rs 28.58 billion), and referred the Holcim-Ambuja deal to the CCEA. "The government......

Insurers set the ball rolling on foreign stake hike

Bharti will move FIPB soon for increasing Axa's stake to 49%, Reliance Cap to begin talks with Nippon. The Insurance Laws (Amendment) Bill, passed by Parliament after a six-year wait, will shake......

FIPB clears HDFC Bank's proposal to hike foreign holding

The FIPB on Friday cleared the long-pending proposal of HDFC Bank to hike foreign holding in the bank to 74 per cent. "FIPB today considered and approved HDFC Bank's proposal to raise foreign......

FIPB going paperless for greater ease of investing

All FIPB records will now be digitised; old and unnecessary files will be weeded out Come January and the Foreign Investment Promotion Board (FIPB) will go paperless for submission of applications,......

Investment board clears 14 FDI proposals worth Rs 1,528 crore

FIPB has approved foreign direct investment proposals worth Rs 1,528.38 crore (Rs 15.28 billion) from 14 firms, including ACME Solar Energy and Sinclairs Hotels. The proposals were considered by......
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Benchmarks magnify gains; Nifty above 7850 mark

SENSEX 25925.07 149.33 0.58% NIFTY 7874.10 42.50 0.54% Indian equity benchmarks extended early gains to continue firm trade... ...
On track but way to go

THE government has ushered in overall reforms in the country's business environment. Over the past few months there is rising focus on the ease of... ...

The government on Tuesday said that any news channel or FM radio operator that seeks to bring in foreign direct investment (FDI) should ensure that... ...
Idea, Videocon, Rel Comm, Just Dial, NALCO

Idea Cellular Videocon Industries Reliance Communications close to finalising a deal to sell entire stake in Reliance Infratel Tata Motors... ...
Nippon Life raises stake in Reliance Life

Japanese insurer Nippon Life will increase in stake in Reliance Life Insurance to 49 per cent from 26 per cent by investing Rs 2265 crore. The... ...

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