DIPP to soon release SOP for FDI proposal clearances

Last month, India scrapped the 25-year old Foreign Investment Promotion Board (FIPB) as it looks to attract more FDI by providing quick approvals under a single-window clearance system.

Cabinet to soon take a call on abolition of FIPB, says Nirmala Sitharaman

The FIPB was initially constituted under the Prime Minister's Office in the wake of economic liberalisation in the early 1990s.


FIPB gives nod to 15 foreign proposals worth Rs 7,262 cr

Yes Bank's proposal to hike limit to 74% without sub-limits referred to the CEA.

DFS clears way for $3 bn inflow into insurance

Foreign investors can acquire up to 49 per cent in Indian private banks through the automatic route.

FIPB can now clear FDI proposals up to Rs3,000 crore

Until now, the Board had powers to recommend for investment approval of up to Rs1,200 crore.

FIPB okays 74 per cent foreign holding in HDFC Bank

The decision was taken at a meeting of the Foreign Investment Promotion Board (FIPB) on Friday.


FIPB to take up HDFC Bank’s foreign investment proposal on October 21

The bank has now submitted a fresh proposal seeking post -facto confirmation of its foreign investment of 74 per cent.

‘Probing ex-FM’s role in Aircel-Maxis deal’

CBI To Court n FIPB nod by former FM P Chidambaram is ‘under investigation’.

Probing Chidambaram's role in Aircel-Maxis deal: CBI to court

The agency said it was investigating as to how Chidambaram had given FIPB approval in the Aircel-Maxis deal in 2006.

Congress faces heat in Aircel-Maxis deal probe

The CBI chargesheet against the Maran brothers along with others in the 2G spectrum scam has put the Congress on the defensive once again. The chargesheet says that the “circumstances” of the FIPB approval granted by then finance minister P Chidambaram to Global Communication Services is being investigated by the CBI. Here is an explanation […]