IPB approves four projects worth Rs 31b

The Foreign Investment Promotion Board had in February approved IKEAs proposal to start operations, but as the proposed investment exceeds Rs 1,200 crore, it required a go-ahead from the CCEA

The IKEA proposal was earlier cleared by the Foreign Investment Promotion Board (FIPB), but since the proposed investment was more than Rs1,200 crore, CCEA approval was needed.

The foreign investment promotion board (FIPB) has given its approval for Malaysian budget airline AirAsia's proposal to start a passenger airline in collaboration with the Tata Group.

Jet Airways has sought approval of the Foreign Investment Promotion Board (FIPB) to sell 24 per cent stake in the company to Gulf carrier Etihad Airways, sources said on Thursday. Jet has...

AirAsia on Friday said it has received formal approval from the Foreign Investment Promotion Board (FIPB) to launch an airline in the country in association with the Tatas, paving the way for the companies to move the sectoral regulator DGCA for an air ...

Shares in Jet Airways India SpiceJet dropped on Tuesday after the Foreign Investment Promotion Board (FIPB) approved AirAsia Bhd's proposal to set up a joint venture in India, raising concerns about increased competition.

Indian companies can now use options to structure mergers and acquisitions, and private equity (PE) deals, with the law minister approving of a regulation on their use drafted by the Securities and Exchange Board of India (Sebi) that has been ...

Nigeria's $1 billion sovereign wealth fund will start investing in June, as its board has approved the investment policy statements for the three funds it includes, Chief Executive Officer Uche Orji said. The SWF, inaugurated in October, was set up ...

New Delhi : The Finance Ministry on Wednesday cleared the investment proposal of Malaysian budget carrier AirAsia which seeks to enter India through a joint venture with Tata Group and another company. "AirAsia's proposal has been cleared. It is as per the ...