No reason was cited for rescheduling of the meeting.
The court directed Tihar authorities to provide Chidambaram with medicines, western toilet, security and separate cell.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
Abu Dhabi-based Etihad Airlines has agreed to halve the number of directors on the Jet Airways Board to two posts under the Rs 2,058 crore deal, giving the Indian promoters 'effective control' of the carrier.
Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
Ratan Tata says FIPB nod for Tata Sons' new airline with AirAsia reflects investor friendly policies of Indian government.
The proposals were considered by the Foreign Investment Promotion Board at its meeting held on July 4.
Advertising firm Grey India Inc will hold 1,88,260 equity shares of Grey Worldwide (India) as a non-resident shareholder on repatriation basis and has ceased to be an overseas corporate body following an approval from the FIPB.
In another instance of Indian tax authorities adopting a hard-nosed stance to prevent abuse of tax avoidance treaties, the revenue department recently opposed a proposal of a Cyprus-based company to increase its stake in an Indian telecom services company from 40 per cent to nearly 74 per cent.
AirAsia's Fernandes says CEO for India will be an Indian; proposed airline firm with Tata may hit ministry hurdle
These companies struck joint ventures with foreign partners before the government relaxed FDI sectoral limits by issuing Press Notes 2 and 4 in February this year, and had approached FIPB for approvals later. FIPB sent a note to this effect to the RBI a month ago, advising the central bank to deal with such cases.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
"I will address a press conference tomorrow. I am happy that the Supreme Court passed the order granting bail," added Chidambaram.
So, the fight is for the signature cafe, restaurant and the Swedish meat ball IKEA is known for, besides its furniture stores.
FIPB likely to allow cafs and restaurants in its review of conditional approval on December 31.
Brand name rule might be waived for Swedish major's mega investment proposal, indicates DIPP; final revision of its application likely by end-August.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
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These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.
$5 mn FDI must come in six months: Govt to construction firms.
Solicitor General Tushar Mehta, representing CBI and ED, contended that the Congress leader was evasive during interrogation and was giving long answers.
Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
The HC asked him to furnish a bail bond of Rs two lakh and a surety of like amount.
Any foreign investment in excess of 24 per cent in an industrial unit, which manufactures items reserved for micro and small enterprises, will require prior approval of the Foreign Investment Promotion Board, according to Press Note 6 issued by the government.
The Foreign Investment Promotion Board has made it clear that Press Notes 2 and 4 issued in February 2009, which changed the way indirect foreign equity would be treated in calculating foreign investment levels in Indian corporations, cannot take effect retrospectively for proposals before the board.
The Foreign Investment Promotion Board (FIPB) has rejected a proposal by Mauritius-based Axiata Investments 2 India Ltd, part of Asian telecom giant Axiata Group, to increase its stake in Idea Cellular by acquiring shares from the stock exchange.
A bench headed by Justice R Banumathi rejected the review plea filed by the CBI saying the last year verdict does not suffer from any error apparent warranting its reconsideration.
The government on Wednesday said it has cleared Norwegian telecom firm Telenor's proposal to invest Rs 1,000 crore in a joint venture company in the telecom sector.
The Delhi high court directed the Centre and Foreign Investment Promotion Board on Friday to complete within two months, an inquiry into Hong Kong-based Hutchison Telecom allegedly holding more than the permissible 74 per cent stake in Hutch-Essar.
Chidambaram, who was closely monitoring the case of his son in the Supreme Court which was argued by his party colleague and senior advocate Kapil Sibal, had sprung a surprise last week by filing a petition on his own accusing the CBI and the Enforcement Directorate of carrying out a political vendetta against him and his family.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
The Finance Ministry, for the second time, turned down a proposal of Jaipur IPL Cricket (JIPL), the joint-owners of Rajasthan Royals, to transfer its entire equity abroad in a cashless transaction. The Foreign Investment Promotion Board (FIPB) rejected the JIPL plea on objections from the Sports Ministry, a source said.
During the hearing, the Central Bureau of Investigation told the court that it has already filed its reply in the case.
The Central Bureau of Investigation on Friday told the Supreme Court that 15 accused, including Chidambaram, his son Karti and some companies have been chargesheeted in the case.
Over 100 questions on various aspects of the case were drafted by investigators which were put to 45-year-old Karti.
The court directed Chidambaram to cooperate with the ED's investigation.
Hong Kong-based Hutchison Telecom International Ltd, which sold its majority stake in Hutch-Essar to Vodafone, has already made its final submission before the investment regulator.
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