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  Violations in INX Media deal not brought to notice of FIPB: D Subbarao told ED

  India | August 23, 2019 18:28 IST

  Former DEA secretary D Subbarao had told investigators probing the INX Media money laundering and corruption case that "violations" in the deal approving FDI for the company were not brought to the notice of the FIPB, reveal official records.

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  Karti Chidambaram owns 25 properties abroad, CBI informs Supreme Court

  India | September 12, 2017 7:09 IST

  The CBI said its probe into the allegedly irregular FIPB clearance to investment in INX Media in 2007 has revealed that Karti owned 25 properties abroad

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  ‘Good, cogent reason for lookout circular against Karti Chidambaram'

  September 01, 2017 20:01 IST

  The agency agreed to produce an interrogation report of Karti Chidambaram before the Supreme Court on September 11, the next date of hearing in this case.

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  FDI route simplified as Union Cabinet approves abolition of FIPB

  May 24, 2017 19:32 IST

  Approval for FDI in sectors that fell under the ambit of the FIPB will now come from the ministries concerned and a fresh mechanism for the same is on the anvil, the Finance Minister said

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  CBI has ‘enough evidence’ against Karti Chidambaram: Report

  Politics | May 22, 2017 8:10 IST

  CBI sources said that the investigation and documents in their possession showed that Karti was paid huge sums for facilitating approval from the finance ministry for foreign direct investment into INX Media in 2007

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  Karti now under CBDT scanner for 'illegally favouring' Mukerjea's INX Media: Report

  Politics | May 17, 2017 12:24 IST

  More trouble is likely for former finance minister P Chidambaram and son Karti as the Central Board of Direct Taxes (CBDT) is likely to initiate a probe into the reported irregularities in foreign investment approval for INX Media in 2007

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  Illegal FIPB clearances by Chidambaram have always helped Karti, says Swamy

  Politics | May 16, 2017 11:52 IST

  Subramanian Swamy today said that the nation will soon know that Congress is the most corrupt party in the history of the world, adding that he was ‘content’ with the raids conducted by the CBI at Chidambaram and Karti's residences

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  FIPB has sought Defence Ministry inputs on FDI in Agusta, Tata JV

  May 03, 2016 20:45 IST

  New Delhi: As AgustaWestland remains mired in controversy, the Finance Ministry has sought inputs from the Defence Ministry about a FDI proposal from the Italian company for its joint venture with Tata Sons to assemble

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  Amid row over scam, govt defers approval to AgustaWestland’s FDI in Indian JV

  May 02, 2016 19:33 IST

  The impact of the row over alleged kickbacks in the AgustaWestland helicopter deal has been witnessed in Parliament and the impact is now visible on other activities proposed by the company in India as well.

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  Foreign Investment Promotion Board clears 6 FDI proposals worth Rs 1,810 crore

  November 18, 2015 15:38 IST

  New Delhi: The Foreign Investment Promotion Board (FIPB) has cleared six FDI proposals envisaging foreign investment of Rs 1,810 crore, including that of IIFL Holdings."Based on the recommendations of FIPB in its meeting held on

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  Cairn Energy lays off 40% of staff following India tax dispute

  February 23, 2015 19:14 IST

  London: Scottish oil and gas explorer, Cairn Energy plc has sacked nearly 40% of its employees as it faces capital constraints on not being able to sell $1 billion worth of stake, following a tax

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  FIPB may consider HDFC Bank's FDI proposal on Friday

  November 13, 2014 15:08 IST

  New Delhi: The long-pending proposal of HDFC Bank to hike the overseas holding may be taken up by the Foreign Investment Promotion Board (FIPB) at its meeting tomorrow.HDFC Bank's proposal is expected to come up

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  FIPB to consider 48 FDI proposals on Oct 21

  October 12, 2014 14:00 IST

  New Delhi: With the Government on a fast-track to lure foreign investments, FIPB will consider as many as 48 FDI proposals, including that of HDFC Bank and about a dozen from the pharma sector, at

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  FIPB may take up HDFC Bank's FDI proposal in next meeting

  August 19, 2014 22:05 IST

  New Delhi: The controversial proposal of HDFC Bank to hike foreign holding may be taken up by the Foreign Investment Promotion Board (FIPB) in the next meeting following clarifications submitted by the bank. “The issue could

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  No breakthrough on insurance bill, government seeks to reach out

  Politics | August 05, 2014 11:28 IST

  New Delhi: The insurance bill's consideration by the Rajya Sabha has been deferred after a meeting called to resolve differences failed to achieve a breakthrough and several opposition parties insisted the legislation be sent to

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  'Insurance FDI via FIPB reduces regulator's powers'

  July 19, 2014 20:31 IST

  Chennai: The central government's proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator's wings and also a face saving

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  FIPB to take up 32 foreign investment proposals on June 11

  June 08, 2014 17:35 IST

  New Delhi: Meeting for the first time after the formation of the new Government, the FIPB proposes to take up 32 foreign direct investment proposals from the likes of Pfizer, BNP Paribas and Bulgari International

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  FIPB to take final call on HDFC Bank's FDI proposal: Mayaram

  May 23, 2014 16:42 IST

  New Delhi: The final decision on HDFC Bank's proposal to raise foreign shareholding will be taken by the Foreign Investment Promotion Board, the Finance Ministry said today. “It (ambiguities in HDFC Bank's proposal) will be cleared

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  FIPB to take up HDFC Bk's foreign investment proposal on May 13

  May 05, 2014 16:35 IST

  New Delhi: The controversial proposal of HDFC Bank to hike foreign holding is likely to be taken up by the Foreign Investment Promotion Board (FIPB) at its meeting on May 13. Sources said the proposal would

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  FDI in pharma doubled during Apr-Aug

  November 18, 2013 20:11 IST

  New Delhi: Foreign direct investment in the pharma sector has more than doubled to USD 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.FDI in drugs and pharmaceuticals was