News for '-fipb'

Karti confronted with Indrani at Mumbai prison

Karti confronted with Indrani at Mumbai prison

Rediff.com4 Mar 2018

Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.

CCI clears Sun-Ranbaxy deal with riders; asks to sell 7 brands

CCI clears Sun-Ranbaxy deal with riders; asks to sell 7 brands

Rediff.com8 Dec 2014

India's antitrust regulator has approved Sun-Ranbaxy deal, subject to the companies divesting seven products.

Cabinet approves 100% FDI in telecom

Cabinet approves 100% FDI in telecom

Rediff.com1 Aug 2013

In a major reform push, government on Thursday approved 100 per cent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.

Sebi notice to Etihad for code violation

Sebi notice to Etihad for code violation

Rediff.com15 Feb 2014

Regulator believes Jet Airways deal triggers open offer

CBI moves SC seeking review of bail to Chidambaram

CBI moves SC seeking review of bail to Chidambaram

Rediff.com25 Oct 2019

The top court had granted bail to Chidambaram in the case lodged by the CBI saying he is neither a 'flight risk' nor is there a possibility of 'his abscondence from the trial'.

Jet-Etihad deal gets CCI clearance; moves closer to finality

Jet-Etihad deal gets CCI clearance; moves closer to finality

Rediff.com12 Nov 2013

Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.

FDI in defence: Investment of up to 49% may be allowed without tech transfer

FDI in defence: Investment of up to 49% may be allowed without tech transfer

Rediff.com4 Jun 2014

FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.

Chidambaram denied anticipatory bail; CBI, ED teams visit his home

Chidambaram denied anticipatory bail; CBI, ED teams visit his home

Rediff.com21 Aug 2019

The Central Bureau of Investigation had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board clearance granted to the media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.

Govt approves FDI worth Rs 4,000 cr in pharma sector

Govt approves FDI worth Rs 4,000 cr in pharma sector

Rediff.com17 Jun 2015

Torrent Pharmaceuticals' Rs 3,000 crore proposal for increasing FII investment limit to 35 per cent was the biggest in terms of value

100% FDI in telecom sector gets nod

100% FDI in telecom sector gets nod

Rediff.com2 Jul 2013

Inter-ministerial body Telecom Commission on Tuesday approved hiking foreign direct investment limit in the sector from 74 per cent to 100 per cent.

CCI rejects plea to remove 'joint control' view on Jet-Etihad

CCI rejects plea to remove 'joint control' view on Jet-Etihad

Rediff.com29 Nov 2013

Competition Commission has held on to its observation about Etihad gaining joint control in Jet Airways and "significant" rights to appoint directors with a 24% stake purchase, while rejecting a plea to "rectify" its order that approved the deal earlier this month.

FDI in pharma doubled during April-August

FDI in pharma doubled during April-August

Rediff.com18 Nov 2013

FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.

Jet-Etihad deal probe may be closed

Jet-Etihad deal probe may be closed

Rediff.com26 Sep 2013

The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.

AirAsia receives NOC from aviation ministry

AirAsia receives NOC from aviation ministry

Rediff.com26 Sep 2013

Though NOC was issued by the Ministry last week, this was the first formal statement by the AirAsia CEO on microblogging site Twitter.

Karti's CBI custody extended; ED can't arrest him, says HC

Karti's CBI custody extended; ED can't arrest him, says HC

Rediff.com9 Mar 2018

The Delhi HC restrained the ED from arresting Karti in a money laundering case till March 20

Black money: Reserve Bank to share info with IB, RAW

Black money: Reserve Bank to share info with IB, RAW

Rediff.com7 Mar 2016

The RBI has also been asked to consider displaying this information on its website.

Rupee rallies for 7th day, hits 2-mth high of 67.37

Rupee rallies for 7th day, hits 2-mth high of 67.37

Rediff.com2 Feb 2017

Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee

Defence sector may not attract FDI, fear experts

Defence sector may not attract FDI, fear experts

Rediff.com7 Aug 2014

India is one of the largest military equipment importers in the world, at over $8 billion a year.

Jet promoter co sells 7.89% stake in airline

Jet promoter co sells 7.89% stake in airline

Rediff.com18 Nov 2013

At the end of September quarter, Tail Winds held 68,15,843 shares, equivalent to 7.89 per cent holding, of Jet Airways.

Govt clears 15 FDI proposals

Govt clears 15 FDI proposals

Rediff.com27 Sep 2013

The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.

CBI arrests Karti Chidambaram

CBI arrests Karti Chidambaram

Rediff.com28 Feb 2018

The former finance minister's only child was arrested at Chennai airport.

Tata-AirAsia deal: HC allows plea to make DGCA party to PIL

Tata-AirAsia deal: HC allows plea to make DGCA party to PIL

Rediff.com23 Apr 2014

The Delhi High Court on Wednesday allowed a plea to implead DGCA as a party to a PIL seeking quashing of approvals being granted by the Centre to operationalise the $30 million deal between Tata Sons and Malaysia-based AirAsia.

India relaxes FDI rules in various sectors to revive growth

India relaxes FDI rules in various sectors to revive growth

Rediff.com16 Jul 2013

The move came as the country badly needs capital inflows as the rupee comes under pressure

Etihad sets terms to lower strength on Jet board

Etihad sets terms to lower strength on Jet board

Rediff.com26 Aug 2013

Etihad to have 2 directors even if it dilutes stake to 15%

Jet-Etihad controversy: Naresh Goyal meets FM

Jet-Etihad controversy: Naresh Goyal meets FM

Rediff.com3 Jul 2013

This meeting came in the backdrop of a controversy raked up by some politicians, including those from Bharatiya Janata Party, Communist Party of India and Trinamool Congress, who objected to the sale of 24 per cent of Jet's equity to Etihad at a cost of Rs 2,058 crore, saying it was not in the national interests.

Novartis-GSK-Eli Lilly deal may affect Indian market

Novartis-GSK-Eli Lilly deal may affect Indian market

Rediff.com23 Apr 2014

On Tuesday, Novartis agreed to buy GSK's oncology products business for $14.5 billion, while selling its vaccines business, excluding flu, to GSK for $7.1 billion.

Foreign airlines keen on investing in Indian aviation:Minister

Foreign airlines keen on investing in Indian aviation:Minister

Rediff.com14 May 2013

It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.

Apple can open its own stores in India

Apple can open its own stores in India

Rediff.com20 Jun 2016

Paving way for iPhone maker Apple to open its own stores India, the government on Monday relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for 'state-of-art' and 'cutting-edge' technology.

DGCA to send team to Malaysia to inspect AirAsia facilities

DGCA to send team to Malaysia to inspect AirAsia facilities

Rediff.com31 Dec 2013

AirAsia India, which is using the training facilities of its parent airline AirAsia in Malaysia, plans to set up similar facilities in India in the coming years, airline sources said.

'I have restored the sanctity of the Budget': Jaitley

'I have restored the sanctity of the Budget': Jaitley

Rediff.com2 Feb 2017

In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.

Agusta case: Now Congress asks 3 counter questions to BJP

Agusta case: Now Congress asks 3 counter questions to BJP

Rediff.com30 Apr 2016

Congress leader Veerappa Moily stated that the negotiation for Agusta began during former prime minister Atal Bihari Vajpayee's regime and all his advisors and defence ministers were involved.

Modi provided scam-free governance: Jaitley

Modi provided scam-free governance: Jaitley

Rediff.com26 May 2018

He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.

Hope to get nod for airline joint venture with SIA: Tata Sons

Hope to get nod for airline joint venture with SIA: Tata Sons

Rediff.com7 Oct 2013

The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.

Karti Chidambaram summoned in money laundering case

Karti Chidambaram summoned in money laundering case

Rediff.com5 Jul 2016

The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director

Election Commission questions railway FDI proposal

Election Commission questions railway FDI proposal

Rediff.com12 Mar 2014

The Election Commission (EC) has raised certain questions on the government's proposal to allow foreign direct investment (FDI) in the construction and maintenance segments of the railways.

SC fiat to CBI on Aircel-Maxis deal involving Maran

SC fiat to CBI on Aircel-Maxis deal involving Maran

Rediff.com1 Aug 2013

The Supreme Court on Thursday asked the CBI to go ahead with its probe in the Aircel-Maxis deal without waiting for necessary sanction against an official "holding high position" in connection with irregularities in the case arising out of 2G scam.

Jet-Etihad deal hits Sebi, DIPP roadblocks

Jet-Etihad deal hits Sebi, DIPP roadblocks

Rediff.com26 Jul 2013

Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact

Karti sent to 13-day jail, no special cell for him in Tihar

Karti sent to 13-day jail, no special cell for him in Tihar

Rediff.com12 Mar 2018

The court allowed Karti to carry spectacles and medicines as per prescription subject to examination and approval by the jail doctor, but denied his request to carry toiletries, books, clothes and home food.

'Running a JV airline in India a challenge'

'Running a JV airline in India a challenge'

Rediff.com15 Nov 2013

Singapore Airlines will hold 49 per cent stake in the airline, while the rest will be held by the Tata group.