News for '-fipb'

Karti to be subjected to 3 more days of custodial interrogation

Karti to be subjected to 3 more days of custodial interrogation

Rediff.com6 Mar 2018

His answer to every question was, "I am politically victimised", the CBI said.

Bad loans are biggest challenge facing public sector banks, says FM

Bad loans are biggest challenge facing public sector banks, says FM

Rediff.com5 Mar 2014

Bad loans of PSU banks rose by 28.5 per cent.

Tesco needs to invest $55 mn in back-end if proposal okayed

Tesco needs to invest $55 mn in back-end if proposal okayed

Rediff.com19 Dec 2013

Tesco, which has sought the government's permission to buy 50 per cent stake in Tatas-owned Trent Hypermarket Ltd, will have to invest atleast $55 million in creation of fresh back-end infrastructure.

Piramal Enterprises offered 51% premium for Vodafone stake

Piramal Enterprises offered 51% premium for Vodafone stake

Rediff.com6 Dec 2013

In the process, Vodafone India's valuation rose 48.39 per cent since February 2012, when Piramal Enterprises bought 5.5 per cent stake in Vodafone India for Rs 3,007 crore (Rs 30.07 billion).

India entry may get tougher for foreign telecom firms

India entry may get tougher for foreign telecom firms

Rediff.com3 Apr 2014

Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.

CBI to file charge sheet in Aircel-Maxis deal involving Maran

CBI to file charge sheet in Aircel-Maxis deal involving Maran

Rediff.com12 Aug 2014

The Central Bureau of Investigation told the Supreme Court that charge sheet in the controversial Aircel-Maxis deal involving former telecom minister Dayanidhi Maran will be filed shortly as the Attorney General disagreed with the views of its Director Ranjit Sinha to drop the prosecution.

Markets end at record highs, RIL up 1.3%

Markets end at record highs, RIL up 1.3%

Rediff.com17 Nov 2014

The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.

Tata, SIA incorporate airline venture

Tata, SIA incorporate airline venture

Rediff.com10 Nov 2013

As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.

VVIP chopper deal: Cong demands SC-monitored probe

VVIP chopper deal: Cong demands SC-monitored probe

Rediff.com6 May 2016

Congress sought to put the onus on the ruling NDA government about the irregularities in AgustaWestland helicopter deal.

Airline JV to create jobs, boost airline sector: Tata-SIA

Airline JV to create jobs, boost airline sector: Tata-SIA

Rediff.com25 Sep 2013

Making a strong case for approval of their proposed airline JV, Tatas and Singapore Airlines have said that the venture would create significant job opportunities in India and would boost the country's image as an international investment destination.

Sahara close to $2 bn deal with Mirach Capital

Sahara close to $2 bn deal with Mirach Capital

Rediff.com20 Jan 2015

An investment vehicle lining up a $2 billion package to help bail the boss of India's troubled Sahara out of jail said it expects to ultimately take control of landmark hotel assets like New York's Plaza after the conglomerate fails to repay lenders.

IndiGo losing senior pilots; 40 commanders quit in 1 year

IndiGo losing senior pilots; 40 commanders quit in 1 year

Rediff.com24 Aug 2014

While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture

Swamy's plea to stay AirAsia operations: HC notice to Centre

Swamy's plea to stay AirAsia operations: HC notice to Centre

Rediff.com9 Oct 2013

A bench of Chief Justice N V Ramana and Justice Manmohan issued notice to Civil Aviation Ministry, DGCA and others and sought their response by October 30.

Cloud gathers over AirAsia's India plans

Cloud gathers over AirAsia's India plans

Rediff.com18 Sep 2013

The bench of Chief Justice N V Ramana and Justice Pradeep Nandrajog issued notices to the Centre, Foreign Investment Promotion Board and Commerce and Civil Aviation ministries and sought their responses by October 30.

Resolved legacy issues, moving to 25% corporate tax rate: Jaitley

Resolved legacy issues, moving to 25% corporate tax rate: Jaitley

Rediff.com29 Mar 2016

The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.

Vodafone's UK parent may buy Analjit Singh's stake

Vodafone's UK parent may buy Analjit Singh's stake

Rediff.com24 Sep 2013

Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.

New Insurance Bill is passed but firms not in a rush for FDI

New Insurance Bill is passed but firms not in a rush for FDI

Rediff.com11 Dec 2014

Insurance firms want more clarity before increasing foreign partner's stake.

India eases FDI rules for construction sector

India eases FDI rules for construction sector

Rediff.com3 Dec 2014

India has eased foreign direct investment rules for the construction sector, the government said on Wednesday, in an effort to attract more money into the country to build new hotels, housing and townships.

RBI clarifies on owned or controlled issue

RBI clarifies on owned or controlled issue

Rediff.com4 Jul 2013

Amidst debate over control of Jet Airways post UAE's Etihad buying stake, the RBI on Thursday notified FDI guidelines defining control of a company, saying that a firm will be said to be controlled by non-residents if they have powers to appoint majority of the directors.

Joint venture fillip possible for foreign single-brand chains

Joint venture fillip possible for foreign single-brand chains

Rediff.com18 Jul 2013

Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.

'Modi is following a policy of shoot and scoot'

'Modi is following a policy of shoot and scoot'

Rediff.com2 May 2016

'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'

2018: Year of reckoning for India Inc

2018: Year of reckoning for India Inc

Rediff.com28 Dec 2018

A glance back at some of the important ups and down Indian Inc faced in 2018.

HIGHLIGHTS: Union Budget 2017-18

HIGHLIGHTS: Union Budget 2017-18

Rediff.com1 Feb 2017

Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.

Insurers set the ball rolling on foreign stake hike

Insurers set the ball rolling on foreign stake hike

Rediff.com13 Mar 2015

Bharti will move FIPB soon for increasing Axa's stake to 49%

Govt approves 100% FDI in aviation, defence, e-commerce

Govt approves 100% FDI in aviation, defence, e-commerce

Rediff.com20 Jun 2016

India already allows 100 per cent ownership of greenfield pharma businesses.

Jaitley pushes for hike in insurance FDI

Jaitley pushes for hike in insurance FDI

Rediff.com24 Jul 2014

While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.

How close was Jaitley's Budget to 'achche din'?

How close was Jaitley's Budget to 'achche din'?

Rediff.com11 Jul 2014

Though not a blockbuster budget it does not undermine the fact that key issues were addressed and the finance minister certainly did not under-deliver, says Vatsal Srivastava.

How Arun Jaitley will make you rich

How Arun Jaitley will make you rich

Rediff.com1 Feb 2017

There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.

Markets continue winning streak; metals rally

Markets continue winning streak; metals rally

Rediff.com24 Jul 2014

Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.

AirAsia's procedural delays might hold back launch

AirAsia's procedural delays might hold back launch

Rediff.com17 Oct 2013

Recruitment and import of aircraft still to get going

Congress hits Swamy obstacle in Rajya Sabha

Congress hits Swamy obstacle in Rajya Sabha

Rediff.com28 Apr 2016

'This man has aged, but does not know the difference between words spoken on the streets from those of spoken in Parliament.' 'He does not allow his hair to turn gray, so he hasn't learned or matured.' Rashme Sehgal reports on how Subramanian Swamy has riled the Congress yet again.

Sensex ends in green amid volatility; FMCG gains, metals slip

Sensex ends in green amid volatility; FMCG gains, metals slip

Rediff.com16 Jun 2015

Sensex in green in afternoon trade.

A year of tough legal battles for India Inc

A year of tough legal battles for India Inc

Rediff.com1 Jan 2015

Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.

Affordable housing, smart cities soon as govt eases FDI norms

Affordable housing, smart cities soon as govt eases FDI norms

Rediff.com30 Oct 2014

The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.

Government vows to do in Agusta what it could not do in Bofors

Government vows to do in Agusta what it could not do in Bofors

Rediff.com6 May 2016

The government vowed to track down the main beneficiaries of the kickbacks so that "we can do" what "we could not do in Bofors

Ours is an FMCG company, not a chit fund: Amway chief

Ours is an FMCG company, not a chit fund: Amway chief

Rediff.com10 Jul 2013

William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.

'For better growth figures, we need healthier banks'

'For better growth figures, we need healthier banks'

Rediff.com16 May 2016

Arun Jaitley interview.

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