| Govt to compile FDI rules into a compendium | 19-NOV-09 |
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| In a move to help foreign investors understand the Indian FDI rules, the government will put together about 175 of its 'press notes' into an user- friendly compendium. |
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| US wants India to raise FDI cap in defence, insurance to 49% | 19-NOV-09 |
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| The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said. "One thing that I think the Indian government could do would be to lift the cap on foreign equity in Indian defence firms, from 26 per cent to 49 per cent," the Assistant Secretary of State for South and Central Asia Robert Blake, told reporters at a conference. |
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| Honeywell to invest $34 mn in Gurgaon centre | 18-NOV-09 |
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| Diversified company Honeywell India today said it will set up a technology centre with an investment of $34 million (Rs 157 crore) to expand global research capabilities. |
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| Govt defers Pepsico's proposal | 18-NOV-09 |
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| The government has deferred a decision on a proposal by food and beverages major Pepsico to induct additional equity worth about Rs 930 crore in its Indian subsidiary. The proposal for induction of foreign equity (by Pepsico) has been deferred, an official statement said, without specifying reasons for the deferment. |
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| Govt clears 17 FDI proposals worth Rs 1,159 cr | 17-NOV-09 |
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| The government today approved 17 foreign direct investment (FDI) proposals worth Rs 1,158.78 crore. Among the major proposals which were approved today are the FDI applications of the world's largest steel maker ArcelorMittal and ductile iron pipe maker Electrosteel Castings, a government statement said. |
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| Bihar to showcase culture, art, investment avenues at IITF | 12-NOV-09 |
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| Bihar will showcase itself as the "land of boundless opportunities" during the 29th India International Trade Fair (IITF) beginning here from November 14. This will be done through Bihar Pavilion where stalls of Madhubani, Mithila and Godna paintings, Madhubani Sari, Suzni work Sari, Laah-Churi will be the main attractions. It will also showcase Bihar's special delicacies including Litti-chokka, Tilkut and Laai, official sources said today. |
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| Hathway gets FIPB nod for more foreign equity | 11-NOV-09 |
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| The Foreign Investment Promotion Board (FIPB) has approved a proposal from Hathway Cable & Datacom, a leading television cable distribution company, for bringing in foreign direct investments of Rs 16.65 crore after its proposed initial public offer (IPO). |
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| Stop 'treaty shopping' denials for FDI: FIPB tells revenue dept | 07-NOV-09 |
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| The Foreign Investment Promotion Board (FIPB) has pulled up the department of revenue for rejecting all foreign direct investment (FDI) proposals in which funds are routed through Mauritius and said it has taken a conscious policy decision to overrule such objections. |
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| No plan to change FDI norms in retail: govt | 06-NOV-09 |
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| The government today said there is no plan to change existing FDI rules in retail, a day after Chairman of the world's largest retailer Wal-Mart Inc met the Prime Minister and reportedly pressed to open up the sector. |
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| CoS to meet on Nov 17 on FDI in aviation | 06-NOV-09 |
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| The Committee of Secretaries (CoS), headed by Cabinet Secretary KM Chandrasekhar, will meet on November 17 to review the foreign direct investment (FDI) in the aviation sector, among other sensitive sectors. The government is looking at a proposal to increase the FDI limit to 74 per cent. |
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