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  • foreign investment caps remain in bank defence nirmala

    Foreign investment caps remain in bank, defence: Nirmala Sitharaman

    July 20, 2015 21:09 IST

    New Delhi:  After India clubbed categories of foreign capital flowing into domestic companies, Commerce Minister Nirmala Sitharaman on Monday said foreign institutional investment (FII) limits in the banking and defence sector have been retained at

  • government does not intend to legislate retrospectively

    Government does not intend to legislate retrospectively: Arun Jaitley

    June 21, 2015 13:08 IST

    Washington: Terming the controversial retrospective taxation regime a "legacy issue", Finance Minister Arun Jaitley has assured US investors that the government does not intend to legislate retrospectively and is looking to put a "quietus" to

  • foreign investment limit raised to 40 in adani ports and sez

    Foreign investment limit raised to 40% in Adani ports and SEZ

    June 02, 2015 8:10 IST

    New Delhi: The Reserve Bank has allowed foreign investors to invest up to 40 per cent of the paid up capital in Adani Ports and Special Economic Zone Ltd (APSEZ) under the Portfolio Investment Scheme

  • 10 fdi proposals worth rs.2 857.83 crore approved

    10 FDI proposals worth Rs.2,857.83 crore approved

    March 25, 2015 20:23 IST

    New Delhi: The government Wednesday approved 10 foreign direct investment (FDI) proposals amounting to Rs.2,857.83 crore."Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on Feb 17, the government has

  • 10 fdi proposals worth rs 2 858 crore get fipb nod

    10 FDI proposals worth Rs 2,858 crore get FIPB nod

    March 25, 2015 17:50 IST

    The Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the Holcim-Ambuja deal to the CCEA."The Government has approved 10 proposals of Foreign Direct Investment (FDI) amounting to Rs

  • govt amends law on arbitration to attract fdi

    Govt amends law on arbitration to attract FDI

    December 31, 2014 11:23 IST

    New Delhi: Amid its keenness to attract the maximum foreign investment, the government has sent out a signal to international business community by amending the Arbitration Act to make it mandatory for a judge presiding

  • finance minister promises civilised tax regime to attract

    Finance Minister promises 'civilised' tax regime to attract investment

    December 11, 2014 9:59 IST

    New Delhi: India will soon raise the foreign investment cap in insurance sector and work for making the tax regime "civilised" to attract overseas investments, Finance Minister Arun Jaitley said while exuding confidence of achieving

  • insurance bill our baby find no reason to oppose it congress

    Insurance Bill our baby, find no reason to oppose it: Congress

    Politics | December 11, 2014 8:48 IST

    New Delhi: Congress has indicated it will not obstruct the passage of the Insurance Bill as it said that it was in principle the UPA's "baby" and most concerns over it were addressed by the

  • report on insurance bill tabled in rajya sabha 49 pc

    Report on insurance bill tabled in Rajya Sabha, 49 pc foreign investment cap recommended

    Politics | December 10, 2014 13:35 IST

    New Delhi: A Parliamentary Committee today recommended a composite foreign investment cap of 49 per cent in the insurance sector and supported a government Bill to amend the Act.At present, a limit of 26 per

  • finance ministry clears 20 fdi proposals worth rs 988 crore

    Finance Ministry clears 20 FDI proposals worth Rs 988 crore

    October 25, 2014 8:12 IST

    New Delhi: The Finance Ministry has cleared 20 FDI proposals including 6 in the pharma sector envisaging a total inflow of Rs 988.3 crore.The proposals of Fresenius Kabi Oncology for Rs 119 crore and Amneal

  • government not to move insurance amendment bill in rs today

    Government not to move Insurance Amendment Bill in RS today

    Politics | August 04, 2014 8:26 IST

    New Delhi: The National Democratic Alliance (NDA) government's first major reform initiative the Insurance Laws (Amendment) Bill will not be taken up for discussion in the Rajya Sabha on Monday.Parliamentary Affairs Minister M Venkaiah Naidu

  • fipb to take up 32 foreign investment proposals on june 11

    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

  • allowing foreign investment in stock markets helped economy

    'Allowing foreign investment in stock markets helped economy'

    May 29, 2014 19:32 IST

    New Delhi: India has benefited greatly from the ease with which foreign investors can invest in its stock markets, says Cornell University economist Eswar Prasad.  “This presents a stark contrast with China, where equity investment

  • foreign investments to india will surge if modi becomes pm

    'Foreign investments to India will surge if Modi becomes PM'

    May 11, 2014 19:44 IST

    New Delhi: Foreign investors are optimistic on India and inflows are likely to surge if a stable government is formed under Narendra Modi after the general election, the head of an industry chamber in Europe

  • myanmar gets 4 bn foreign investment

    Myanmar gets $4 bn foreign investment

    April 18, 2014 23:11 IST

    Yangon: Myanmar got $4.107 billion foreign investment in the fiscal year 2013-14, up from $1.4 billion in 2012-13, media reports said Friday.The foreign investment in 2013-14 covered manufacturing, energy, oil and gas, mining, hotels and

  • axis bank to be foreign owned after hike in foreign

    Axis Bank to be foreign-owned after hike in foreign investment cap

    November 17, 2013 16:04 IST

    New Delhi: Axis Bank will become a “foreign-owned” lender, to be governed by FDI policy, following the go-head to its proposed increase in foreign investment holding to 62 per cent, entailing inflow of over Rs

  • fipb to take up vodafone s fdi proposal on november 13

    FIPB to take up Vodafone's FDI proposal on November 13

    November 07, 2013 21:52 IST

    New Delhi: The Foreign Investment Promotion Board will take a decision on November 13 on British telecom major Vodafone's proposal seeking approval to invest Rs 10,141 crore for raising its stake in India unit to

  • tata to start new full service carrier with singapore

    Tata to start new full-service carrier with Singapore Airlines

    September 19, 2013 17:39 IST

    New Delhi: Salt to software conglomerate Tata group today today said it has entered into an agreement with Singapore Airlines to start a full-service carrier in India.The two parties have signed a Memorandum of Understanding

  • airasia swamy files pil in delhi high court

    AirAsia: Swamy files PIL in Delhi High Court

    September 10, 2013 13:17 IST

    NEW DELHI: Former MP Subramanian Swamy on Monday moved the Delhi High Court challenging the Centre's clearance given to the proposed low-cost airline AirAsia India.The Supreme Court had on August 16 asked the senior politician,

  • india inc says rbi restrictions on foreign investments

    India Inc says, RBI restrictions on foreign investments responsible for sensex, rupee slump

    August 17, 2013 6:38 IST

    Mumbai: India Inc on Friday criticised the government's move to restrict outward foreign investments to control current account deficit, a key reason seen behind currency market volatility."While fully being cognizant of the situation on the