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Govt defers Pepsico's proposal18-NOV-09
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.
Govt defers Pepsico's $200 mn investment proposal17-NOV-09
The government has deferred a decision on Pepsico India Holding's proposal to invest $200 million (about Rs 930 crore) in the next three years.
Govt defers decision on Vodafone stake sale by Singh, Ghosh17-NOV-09
Based on the recommendation of the Foreign Investment Promotion Board (FIPB), the government has deferred a decision the proposals of Analjit Singh and Asim Ghosh to part-sell their minority stakes in Vodafone Essar.
Hathway gets FIPB nod for more foreign equity11-NOV-09
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).
Govt to tighten rules for FDI approvals11-NOV-09
FIPB powers to be expanded, automatic route curtailed.
FM's power to clear FDI proposals may increase09-NOV-09
Could approve foreign investments of up to Rs 1,200 crore.
Stop 'treaty shopping' denials for FDI: FIPB tells revenue dept07-NOV-09
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.
PepsiCo seeks FIPB nod to invest $200 million more31-OCT-09
Soft drinks and foods major Pepsico India Holdings Pvt Ltd has applied to the Foreign Investment Promotion Board (FIBP) to invest an additional $200 million (around Rs 950 crore) as equity in its Indian operations.
Regulatory hurdles may delay ArcelorMittal's open offer29-OCT-09
Pending regulatory clearances may delay ArcelorMittal's acquisition of additional stakes in Uttam Galva through an open offer, although the steel behemoth aims to complete the deal by mid-December.
Govt allows foreign firms to bid for 3G auction24-OCT-09
"Interested foreign entities are allowed to participate in the auctions directly and apply for licences subsequently," the revised Information Memorandum, giving details about eligibility criteria and time schedule said.
FIPB defers Verizon's equity transfer proposal22-OCT-09
Seeks details on operations in Pakistan.
Dainik Bhaskar, Travel Channel get FIPB nod20-OCT-09
A proposal from the Dainik Bhaskar media group to allow more foreign equity in it and another one from Travel Channel International, UK, for setting up an Indian subsidiary, have been approved by the Foreign Investment Promotion Board (FIPB).
Telenor gets nod to up Unitech stake to 74%19-OCT-09
The government today approved Norwegian telecom company Telenor's proposal to raise stake in its Indian joint venture Unitech Wireless to 74 per cent, the maximum permitted in the sector.
FIPB to consider Jet's foreign fund raising plans05-OCT-09
Private carrier Jet Airways' plan to raise funds from international institutional investors will come up for approval by the Foreign Investment Promotion Board this week.
Jet to sell land in Mumbai to raise Rs 1,000 cr30-SEP-09
Jet Airways expects to raise over Rs 1,000 crore by selling 2.5 acres of premium land it owns in the Bandra Kurla area in Mumbai. The move will partly help the company to raise about $400 million (roughly Rs 2,000 crore) to cut its debt burden of Rs 15,885 crore.
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