While posting the matter for hearing on Thursday, the bench said: "We are conscious that we should not usurp the jurisdiction of the concerned trial court".
The CBI has asked Karti to appear before it on October 4.
When IKEA's CEO & India's industry minister sealed a deal in-principle last year, foreign investors took note.
India's foreign investment panel has approved Swedish retailer IKEA's Rs 10,000 crore plan to set up shop in the country, the trade minister said.
The proposal was cleared by the Foreign Investment Promotion Board, Finance Ministry said in a statement.
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.
The foreign investment proposal by Italian jewellery brand Damiani to set up a 51:49 joint venture with Mehta's Pvt Ltd also got the government's approval, sources said.
The aviation minister, Ajit Singh, on Tata-Air Asia joint venture
The CBI and the ED said that new material has been recovered which needs to be collated.
So, the fight is for the signature cafe, restaurant and the Swedish meat ball IKEA is known for, besides its furniture stores.
The Euro 25-billion firm can now set up furniture stores in India, along with restaurants and cafes, in line with its global concept.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
The Aircel-Maxis row on Monday led to fresh uproar in Rajya Sabha with the Opposition targeting with fresh allegations the son of Home Minister P Chidambaram, who denied any wrongdoing and said the company in question -- Advantage Consulting -- could be probed by the finance ministry.
FIPB likely to allow cafs and restaurants in its review of conditional approval on December 31.
The Enforcement Directorate (ED) is proposing a penalty on German sportswear giant Adidas' subsidiary Reebok India for alleged violations of the Foreign Exchange Management Act (Fema).
The United Progressive Alliance government has rejected Janata Party chief Subramanian Swamy's allegations against Home Minister P Chidambaram in the Aircel-Maxis equity issue saying they were "totally baseless".
It plans an investment Rs 20 crore.
Eighteen of 30 product categories proposed by Swedish furniture major struck off.
The HC asked him to furnish a bail bond of Rs two lakh and a surety of like amount.
Brand name rule might be waived for Swedish major's mega investment proposal, indicates DIPP; final revision of its application likely by end-August.
This is the largest investment in the single-brand retailing ever since the government has allowed foreign direct investment.
'One state-one vote may not be a good idea in this country. There are Railways, Services, universities, Maharashtra, Baroda. Their arguments have impressed upon us to some extent. We may consider the issue in future debates'
In a major relaxation of foreign investment rules in the pharma sector, a special group set up under the finance ministry has suggested it could consider permitting up to 49 per cent FDI (foreign direct investment) in the automatic route for brownfield investments in case the company's control remained in Indian hands.
The Covid pandemic has left a question mark on how the central government manages its staff.
Tightening the norms, the government has done away with automatic approval of foreign direct investment (FDI) in the existing pharmaceutical companies.
A combined 7.82 million shares representing 36% of free float equity of the private airliner have changed hands on BSE and NSE till 1500 hours.
However, the bench said Chidambaram is at a liberty to seek remedy in accordance with the law.
Mukerjea recorded her statement under the Prevention of Money Laundering Act and said she and her husband Peter Mukerjea met Chidambaram at his office in Delhi's North Block.
In order to promote India as a major tourism destination, states need to complement Centre's actions by rationalising luxury taxes and allowing easy clearance to hotel projects.
The Board of Control for Cricket in India's senior tournament committee has recommended that the Karnail Singh stadium in Delhi be barred from hosting cricket matches in 2012-13 following adverse reports from match referees over the pitch conditions during fixtures held earlier this season.
London Olympics medal prospect L Bombalya Devi of Railway Sport Promotion Board (RSPB) created three new national records while archer Tarundeep Rai set a new record in the ongoing 32nd Sahara Senior National Archery Championship at JRD Tata Sports complex in Jamshedpur on Thursday.
Analysts say July 23, 2011, was like a red letter day for foreign investors when the Committee of Secretaries, headed by Cabinet Secretary Ajit Kumar Seth, recommended opening up the multi-brand retail trade.
World Champion Pankaj Advani retained the national billiards title with a flawless show in the final, blanking Bhalchandra Bhaskar 5-0 at the PYC Hindu Gymkhana in Mumbai on Thursday.
Justice Suresh Kait said that wrong message will be sent to the society if bail is granted to Chidambaram in this case.
A Planning Commission expert group on Tuesday recommended that all mergers and acquisitions (M&As) in the pharmaceutical industry should be cleared by competition watchdog, CCI to ensure that such deals do not result in monopolies and increase in drug prices.
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.
FDI into the country increased by 30 per cent to $21.62 billion during April-September this fiscal.
Setting aside the Delhi high court's September 30 verdict denying bail to Chidambaram, the apex court said he is neither a "flight risk" nor there is a possibility of "his abscondence from the trial". Chidambaram had moved the apex court challenging the high court verdict.
Ananjan Mitter, partner at ALMT Legal, a law firm, has represented Air Charter Service in the venture's application to the Foreign Investment Promotion Board, a key wing in the finance ministry that vets foreign direct investments proposals of companies.
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances