Motorola's long-pending proposal to undertake wholesale marketing, cash and carry stocking and sale of goods has been cleared by the Foreign Investment Promotion Board, the company said in a statement on Friday.\n\n\n\n
The government cleared 15 foreign direct investment proposals worth Rs 70.1 crore (Rs 701 million) including that of Honda Motor, Teva Pharmaceuticals, Fijitsu, Atlanta Electricals and Marubeni Corporation.
The proposal of Media Content and Communication Services to uplink Star News channel from India is still being examined by the Information and Broadcasting Ministry after Foreign Investment Promotion Board cleared it.
Union Sports Minister Sarbananda Sonowal has asked the Secretary, Sports, who is holding concurrent charge as Director General of the Sports Authority of India (SAI), to expedite the restructuring of its cadre to create at least nine more regional centres in the country and to effectively manage these centres, especially in the north eastern region and bigger states like Maharashtra and Uttar Pradesh.
Barua beat GM Pendyala Harikrishna while Ganguly accounted for Sriram Jha in the third round of the National 'A' chess championship to forge ahead.
With the FIPB giving approval to the Tata-Singapore Airlines joint venture to start a full-service carrier, Tata Group Chairman Emeritus Ratan Tata on Friday met Commerce and Industry Minister Anand Sharma.
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As per the FIPB agenda, the proposal will be taken up on October 18.
The Foreign Investment Promotion Board is believed to have cleared Zee Telefilms' plan of raising $100 million as foreign currency convertible bonds subject to the condition that the company brings down total foreign shareholding to 26 per cent
The Foreign Investment Promotion Board is believed to have permitted Pearson Overseas Holding to initially acquire 13.85 per cent in Business Standard
Swamy gave notice in the Rajya Sabha for moving Breach of Privilege Motion against Leader of Opposition Ghulam Nabi Azad over his remarks related to the AgustaWestland issue.
The divestment ministry is approaching the Foreign Investment Promotion Board for permission to allow foreign institutional investors, NRIs and overseas corporate bodies to participate in the ensuing public offer for government stake in MUL.
India's greatest ever Olympian Sushil Kumar strongly feels that panels similar to one headed by Justice RM Lodha to clean up the Board of Control for Cricket in India mess, is required to bring in more accountability and transparency in functioning of National Sports Federations (NSF).
The proposals were cleared by Commerce and Industry Minister Arun Shourie on the basis of recommendations made by the Foreign Investment Promotion Board, an official release said.
Alok Kumar successfully defended his snooker title at the National Snooker and Billards Championship.
Finance Minister Jaswant Singh has cleared 38 foreign direct investment proposals worth Rs 121.46 crore (Rs 1,214.6 million), including those of the United States-based Nalco Chemicals and French company FCI.
The government is likely to give yet another week's reprieve from July 10 to the Star Group allowing its 24-hour news channel to continue operations in the present format.
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.
The government on Friday cleared 21 foreign direct investment proposals envisaging Rs 35.55 crore (Rs 355.5 million) investment, including Rs 27 crore (Rs 270 million) proposal by Advanced Mineral Asia Pte.
1980-batch IPS officer Sulkan Singh, who was DG-Training, will replace Ahmed, a 1984-batch IPS officer, who has been shifted as the DG of Uttar Pradesh Provincial Armed Constabulary, a senior home department official said.
Torrent Pharmaceuticals' Rs 3,000 crore proposal for increasing FII investment limit to 35 per cent was the biggest in terms of value
The government has cleared 408 foreign direct investment proposals involving Rs 3,025 crore (Rs 30.25 billion) in the first half of this fiscal, the Lok Sabha was informed on Friday.
Swedish firm Astra Pharmaceutical will buy out the remaining less than 10 per cent stake in its local arm Astrazeneca Pharma India by next year following approval from the Foreign Investment Promotion Board.
The United States-based communication services provider Avaya International will pick up to 25 per cent stake in Tata Telecom following clearance from the Foreign Investment Promotion Board.
The government on Tuesday cleared 23 foreign direct investment proposals worth Rs 63.41 crore (Rs 634 million).
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