News for 'promotion-board'

Crucial FDI meet postponed

Crucial FDI meet postponed

Rediff.com10 Jun 2013

No reason was cited for rescheduling of the meeting.

Ministry vetting names of top bosses of Tata-Singapore airlines

Ministry vetting names of top bosses of Tata-Singapore airlines

Rediff.com14 Jan 2014

Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.

FIPB clears GlaxoSmithKline's Rs 6,400-crore FDI proposal

FIPB clears GlaxoSmithKline's Rs 6,400-crore FDI proposal

Rediff.com13 Jan 2014

The Singapore subsidiary of the UK-based GlaxoSmithKline plans to buy 24.33 per cent stake or 2.06 crore equity shares in GlaxoSmithKline Pharmaceuticals Ltd through an open offer.

Karti sent to 13-day jail, no special cell for him in Tihar

Karti sent to 13-day jail, no special cell for him in Tihar

Rediff.com12 Mar 2018

The court allowed Karti to carry spectacles and medicines as per prescription subject to examination and approval by the jail doctor, but denied his request to carry toiletries, books, clothes and home food.

Defence sector may not attract FDI, fear experts

Defence sector may not attract FDI, fear experts

Rediff.com7 Aug 2014

India is one of the largest military equipment importers in the world, at over $8 billion a year.

Tata-SIA's flying permit exercise progressing well: Official

Tata-SIA's flying permit exercise progressing well: Official

Rediff.com26 Jul 2014

Earlier, the JV company got a go-ahead from the Foreign Investment Promotion Board in October 2013 and was awaiting AOP for launching a full-service carrier.

FIPB clears Walt Disney's FDI proposal, 18 others

FIPB clears Walt Disney's FDI proposal, 18 others

Rediff.com24 Jul 2014

The Finance Ministry further said decision on seven FDI proposals has been deferred.

'Nod to 49% FDI in insurance to drive capital infusion'

'Nod to 49% FDI in insurance to drive capital infusion'

Rediff.com24 Jul 2014

The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.

Govt clears 19 FDI proposals worth Rs 2,327 cr

Govt clears 19 FDI proposals worth Rs 2,327 cr

Rediff.com16 Jul 2014

The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).

Will India clash with China over the Maldives?

Will India clash with China over the Maldives?

Rediff.com24 Feb 2018

Would it serve India's interest to go to war with China over the Maldives, asks Aditi Phadnis.

Jet promoter co sells 7.89% stake in airline

Jet promoter co sells 7.89% stake in airline

Rediff.com18 Nov 2013

At the end of September quarter, Tail Winds held 68,15,843 shares, equivalent to 7.89 per cent holding, of Jet Airways.

Agusta case: Now Congress asks 3 counter questions to BJP

Agusta case: Now Congress asks 3 counter questions to BJP

Rediff.com30 Apr 2016

Congress leader Veerappa Moily stated that the negotiation for Agusta began during former prime minister Atal Bihari Vajpayee's regime and all his advisors and defence ministers were involved.

Govt clears 15 FDI proposals

Govt clears 15 FDI proposals

Rediff.com27 Sep 2013

The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.

Karti Chidambaram summoned in money laundering case

Karti Chidambaram summoned in money laundering case

Rediff.com5 Jul 2016

The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director

HC reserves order on Karti's bail plea

HC reserves order on Karti's bail plea

Rediff.com16 Mar 2018

During the arguments, the ASG said FIPB officials have also been interrogated and all of them are holding high offices in their respective fields.

House panel for 'blanket ban' on FDI in pharma

House panel for 'blanket ban' on FDI in pharma

Rediff.com14 Aug 2013

The report comes at a time when the government is trying to clear pending FDI proposals, which include various planned investments in this sector.

Karti sent to CBI custody till March 6

Karti sent to CBI custody till March 6

Rediff.com1 Mar 2018

No home food for Karti, medicines allowed only on prescription.

A Chinese invasion, albeit with a difference

A Chinese invasion, albeit with a difference

Rediff.com4 Oct 2017

Oppo's FDI application approved for single-brand retail trading

Etihad sets terms to lower strength on Jet board

Etihad sets terms to lower strength on Jet board

Rediff.com26 Aug 2013

Etihad to have 2 directors even if it dilutes stake to 15%

India relaxes FDI rules in various sectors to revive growth

India relaxes FDI rules in various sectors to revive growth

Rediff.com16 Jul 2013

The move came as the country badly needs capital inflows as the rupee comes under pressure

Jet-Etihad controversy: Naresh Goyal meets FM

Jet-Etihad controversy: Naresh Goyal meets FM

Rediff.com3 Jul 2013

This meeting came in the backdrop of a controversy raked up by some politicians, including those from Bharatiya Janata Party, Communist Party of India and Trinamool Congress, who objected to the sale of 24 per cent of Jet's equity to Etihad at a cost of Rs 2,058 crore, saying it was not in the national interests.

FIPB defers decision on Jet-Etihad deal

FIPB defers decision on Jet-Etihad deal

Rediff.com14 Jun 2013

The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and sought clarity on control and ownership.

Back to sensible Budgets, at last!

Back to sensible Budgets, at last!

Rediff.com10 Feb 2017

This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.

DGCA to send team to Malaysia to inspect AirAsia facilities

DGCA to send team to Malaysia to inspect AirAsia facilities

Rediff.com31 Dec 2013

AirAsia India, which is using the training facilities of its parent airline AirAsia in Malaysia, plans to set up similar facilities in India in the coming years, airline sources said.

More dollars to flow into retail after Tesco clearance

More dollars to flow into retail after Tesco clearance

Rediff.com31 Dec 2013

Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.

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.

Karti Chidambaram can't travel abroad, has to join probe, says SC

Karti Chidambaram can't travel abroad, has to join probe, says SC

Rediff.com14 Aug 2017

The apex court, which stayed the Madras high court order putting on hold the look out circular issued by the Centre against Karti, repeatedly sought to know when he would make his appearance for questioning before the Central Bureau of Investigation.

Hope to get nod for airline joint venture with SIA: Tata Sons

Hope to get nod for airline joint venture with SIA: Tata Sons

Rediff.com7 Oct 2013

The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.

Election Commission questions railway FDI proposal

Election Commission questions railway FDI proposal

Rediff.com12 Mar 2014

The Election Commission (EC) has raised certain questions on the government's proposal to allow foreign direct investment (FDI) in the construction and maintenance segments of the railways.

Why India Inc still fears MNCs

Why India Inc still fears MNCs

Rediff.com13 May 2016

Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.

IndiGo keen to tweak promoter holdings to access FDI

IndiGo keen to tweak promoter holdings to access FDI

Rediff.com31 Jul 2014

Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs

Sports Shorts: Yuki, Ramkumar advance in Australian Open qualifiers

Sports Shorts: Yuki, Ramkumar advance in Australian Open qualifiers

Rediff.com10 Jan 2018

A summary of sports events and sports persons, who made news on Wednesday

Jet-Etihad deal hits air pocket on office relocation

Jet-Etihad deal hits air pocket on office relocation

Rediff.com18 Jun 2013

The ministry of corporate affairs has raised questions on Etihad's rights to nominate three directors on the board and, despite being a minority shareholder in the company, decide on the vice-chairman.

Why amendments are necessary for Make in India's success

Why amendments are necessary for Make in India's success

Rediff.com8 Dec 2014

Make in India and Swacch Bharat initiatives are going to have tremendous impact on the Home and Personal Care industry.

'Running a JV airline in India a challenge'

'Running a JV airline in India a challenge'

Rediff.com15 Nov 2013

Singapore Airlines will hold 49 per cent stake in the airline, while the rest will be held by the Tata group.

Vodafone's India plan in limbo

Vodafone's India plan in limbo

Rediff.com13 Nov 2013

The Department of Telecom, Department of Industrial Policy and Promotion, Ministry of Home Affairs, Ministry of External Affairs and the Department of Economic Affairs had to give their comments on the proposal, sources said.

Cairn Energy lays off 40% staff following India tax dispute

Cairn Energy lays off 40% staff following India tax dispute

Rediff.com23 Feb 2015

The company has not been able to sell its 9.8% stake in Cairn India

Hennes & Mauritz's FDI proposal gets DIPP green signal

Hennes & Mauritz's FDI proposal gets DIPP green signal

Rediff.com8 Oct 2013

Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.

Tatas to nominate 4 of the 6 directors

Tatas to nominate 4 of the 6 directors

Rediff.com24 Sep 2013

While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.

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.