Finance ministry has no plan to alter FDI norms

In a sharp divergence from its earlier opposition to Press Notes 2 and 4 that relaxed foreign direct investment (FDI) in February 2009, the finance ministry says it is not planning to recommend......

21 FDI proposals get nod

The government on Wednesday cleared 21 foreign direct investment (FDI) proposals worth Rs 84.90 crore (Rs 849 million), most of which is likely to be brought in by the world's largest chemical......

DIPP clears Bharti, Tata Tele proposals

The Department of Industrial Policy and Promotion, or DIPP, has given three clearances under press notes 2 and 4, issued in February this year, which changed the way indirect foreign equity is......

Now, DEA questions Press Notes 2 & 4

For the second time since Press Note 2 and 4 were issued in February 2009, the Department of Economic Affairs in the finance ministry has raised questions on their implementation, this time over an......