News for 'Foreign Investment Promotion Board'

Rubio's India Visit: The Russian Oil Factor

Rubio's India Visit: The Russian Oil Factor

Rediff.com1 days ago

US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.

Tata's Problem Is India's Problem

Tata's Problem Is India's Problem

Rediff.com17 Sep 2026

J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

Rediff.com3 Apr 2026

The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.

Investment board clears 21 FDI projects

Investment board clears 21 FDI projects

Rediff.com16 Sep 2014

The FIPB, headed by Finance Secretary Arvind Mayaram, at its meeting on Tuesday considered 35 proposals.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

Wrongly Credited NSE Shares Spark Battle

Wrongly Credited NSE Shares Spark Battle

Rediff.com29 Jun 2026

NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

Chandra-promoted firm's fund-raising plan rejected

Chandra-promoted firm's fund-raising plan rejected

Rediff.com19 Jan 2009

It has rejected a proposal by Subash Chandra-promoted Wire and Wireless India, which has sought permission to issue partly paid-up equity shares, pursuant to its rights issue. WWIL is in the cable network business. The shares were to be issued to non-residents, which also included FIIs, venture capital funds, multilateral and bilateral development financial institutions, and eligible NRIs for cash aggregating up to Rs 450 crore (Rs 4.5 billion).

Italian football in crisis after European competition exit

Italian football in crisis after European competition exit

Rediff.com17 Apr 2026

Italian football is experiencing a significant crisis following the failure of its clubs in European competitions and the national team's continued absence from the World Cup.

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

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

Rediff.com6 Aug 2014

The proposals were considered by the Foreign Investment Promotion Board at its meeting held on July 4.

FIPB rejects Tata Investment plan

FIPB rejects Tata Investment plan

Rediff.com10 Nov 2008

The Foreign Investment Promotion Board (FIPB) has rejected a proposal by Tata Investment Corporation (TIC) to issue zero coupon convertible bonds (ZCCBs) with detachable warrants to its shareholders.

Carlsberg to up India investments

Carlsberg to up India investments

Rediff.com13 Sep 2007

Danish beer giant Carlsberg is looking at increasing investments in manufacturing and distribution in India.

Foreigners can now take key positions in airline JV

Foreigners can now take key positions in airline JV

Rediff.com6 Mar 2013

AirAsia's Fernandes says CEO for India will be an Indian; proposed airline firm with Tata may hit ministry hurdle

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

PepsiCo seeks FIPB nod to invest USD 200 mn more

PepsiCo seeks FIPB nod to invest USD 200 mn more

Rediff.com31 Oct 2009

Soft drinks and foods major Pepsico India Holdings Pvt Ltd has applied to the Foreign Investment Promotion Board to invest an additional $200 million (around Rs 950 crore) as equity in its Indian operations.

AirAsia gets formal FIPB approval

AirAsia gets formal FIPB approval

Rediff.com5 Apr 2013

AirAsia, the largest low-cost airline in Asia, announced the JV with Tatas late February. Last month FIPB had approved the proposal.

Blackstone scales down investment in Ushodaya

Blackstone scales down investment in Ushodaya

Rediff.com8 Jan 2008

Reworks proposal submitted to Foreign Investment Promotion Board.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Foreign funds picking up major stake in INX Media

Foreign funds picking up major stake in INX Media

Rediff.com23 Mar 2007

Foreign funds are picking up just under half of the equity in INX Media

India Inc promoters holding slumps to 8-yr low in Q1

India Inc promoters holding slumps to 8-yr low in Q1

Rediff.com4 Aug 2025

Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group.

Belgian firm to invest in SREI Intl

Belgian firm to invest in SREI Intl

Rediff.com9 Jun 2003

SREI International Finance has roped in BIO of Belgium for a Rs 25 crore (Rs 250 million) investment for funding of infrastructure equipment and renewable energy products.

NDTV's plan to hike foreign equity in limbo

NDTV's plan to hike foreign equity in limbo

Rediff.com11 Sep 2003

Foreign Investment Promotion Board is understood to have deferred, two weeks, any decision on NDTV's proposal to offer 34.28 lakh fresh equity shares, aggregating Rs 52.88 crore.

IndiGo approaches investment board in run-up to IPO

IndiGo approaches investment board in run-up to IPO

Rediff.com26 Jul 2014

Talks gain ground of strategic stake sale to foreign investor.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

FIPB clears IKEA's FDI proposal

FIPB clears IKEA's FDI proposal

Rediff.com20 Nov 2012

The group proposes to invest Rs 10,500 crore in single-brand retail trading in India through a 100 per cent subsidiary.