FIPB | Corporate Law Reporter

Fifteen FDI Proposals Approved by Government

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on August 27, 2013, the Central Government has approved 15 proposals of Foreign Direct Investment (FDI) amounting to Rs. 2000.49 crore approximately. In addition, two proposals viz., M/s IDFC Trustee Company Ltd., as proposed Trustee for India Infrastructure Fund II, Mumbai and… Read More

Tags: FIPB, foreign direct investment, Foreign Investment Promotion Board, India, Madhya Pradesh, Massimo Dutti, Mumbai, Pama Machine Tools India Pvt. Ltd

FDI :: Government Approves 17 Proposals for Foreign Direct Investment

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 29, 2013, the Government has approved17 Proposals of Foreign Direct Investment (FDI) amounting to Rs. 992.61crore approximately. In addition, one proposal viz., M/s Jet Airways India Ltd., amounting to Rs. 2057.66 crore, has been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA). Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on29.07.2013. Following 17 (Seventeen) proposals have been approved. Sl.… Read More

Tags: FDI, FIPB, foreign direct investment, Foreign Investment Promotion Board, Government, India, Mumbai, Singapore

Central Government Approves 12 FDI Proposals

Based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on July 5, 2013, the Central Government has approved twelve (12) Proposals of Foreign Direct Investment amounting to Rs. 343.39 crore approximately. Details of the proposals considered in the aforesaid Meeting of the Foreign Investment Promotion Board(FIPB) are as follows: Following twelve (12) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. In crore) 1 M/s Total Prosthetics & Onthotics India Pvt. Ltd. Haryana An Indian company to acquire… Read More

Tags: BNP Paribas, FIPB, foreign direct investment, Foreign Investment Promotion Board, India, New Delhi, Non-banking financial company, Proposals

Government Approves Eight (8) Proposals of Foreign Direct Investment

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on June 14, 2013, the Government of India has approved eight (8) Proposals of Foreign Direct Investment amounting to Rs. 1311.54 crore approximately. Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 14.06.2013 are as follows: Following 8 (Eight) proposals have been approved: Sl. No. Name of theapplicant Particulars of the proposal FDI/NRIinflows (Rs. incrore) 1 M/s EuronetServices India Pvt. Ltd. Company having FDI to set up White Label ATMs. Nil… Read More

Tags: Automated teller machine, Cochin International Airport, FIPB, foreign direct investment, Foreign Investment Promotion Board, India, Jet Airways, New Delhi

CLR Snippets | Yes Bank Limited to increase foreign equity participation upto 60 percent

Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors The Cabinet Committee on Economic Affairs today gave its approval to the proposal of Yes Bank Limited… Read More

Tags: Cabinet Committee on Economic Affairs, FIPB, foreign direct investment, Foreign Investment Promotion Board, Global depository receipt, QIP, Qualified institutional placement, Yes Bank

Government Approves 16 FDI Proposals

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on May 10, 2013, the Central Government has approved sixteen (16) proposals of Foreign Direct Investment (FDI) amounting to Rs. 1646.875 crore approximately. Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 10th May, 2013 are as follows: Following sixteen (16) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows(Rs. In crore) 1 M/s BTI Payments Private Limited, Bangalore To set-up… Read More

Tags: Andhra Pradesh, Automated teller machine, FDI, FIPB, foreign direct investment, Foreign Investment Promotion Board, India, Venture capital

Government Approves Eight FDI Proposals

Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 12.04.2013 Following eight (8) proposals have been approved: Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. in crore) 1 M/s McKinsey & Company Inc. India, USA To set up an LLP to be engaged in providing management consultancy services. 0.99 2 M/s AWS TruepowerLLC, USA Induction of foreign equity to carry out the business of consultancy… Read More

Tags: FIPB, foreign direct investment, Foreign Investment Promotion Board, India, Limited liability partnership, New Delhi, NME, Proposals

Government Approves 17 Proposals of Foreign Direct Investment

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on March 13, 2013, the Central Government has approved Seventeen (17) proposals of Foreign Direct Investment amounting to Rs. 262.5594 crore approximately. Following are the details of proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 13.03.2013: Following Seventeen (17) proposals have been approved : Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (Rs. In crore) INDUSTRIAL POLICY & PROMOTION 1 Ms. Sonia Sharma and Mr. Harish Kumar Sharma Induction… Read More

Tags: FIPB, foreign direct investment, Foreign Investment Promotion Board, India, Limited liability partnership, LLP, Mumbai, Sanofi-Synthelabo

Government Approves 6 Proposals of Foreign Direct Investment

Government Approves 6 Proposals of Foreign Direct Investment Amounting to Rs. 732.77 Crore Approximately Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on March 6, 2013, the Government has approved six (6) Proposals of Foreign Direct Investment (FDI) amounting toRs.732.77 crore approximately. Details of Proposals considered in the Foreign… Read More

Tags: Andhra Pradesh, FIPB, foreign direct investment, Foreign Investment Promotion Board, Government, India, Joint venture, Mumbai

Government Approves 12 Proposals for FDI

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on February 13, 2013, the Government has approved 12 Proposals of Foreign Direct Investment amounting to Rs.2609.27 crore approximately. Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 13.02.2013 are as follows: Following twelve (12) proposals have been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows(` In crore) COMMERCE 1 M/s Promod S.A.S France Induction of foreign equity in the equity share capital of an Indian JV company… Read More

Tags: Ahmedabad, Financial services, FIPB, foreign direct investment, Foreign Investment Promotion Board, Government, India, Le Creuset

Agenda for FIPB’s 186th Meeting to be held on 24th Jan 2013

Special Messenger Most Immediate No. 7(01)/2013-FIPB Government of India Ministry of Finance Department of Economic Affairs (FIPB Unit) **** New Delhi, the January 8, 2013. Office Memorandum Subject: Meeting of the Foreign Investment Promotion Board (FIPB) - regarding. The 186th Meeting of the Foreign Investment Promotion Board (FIPB) is scheduled to be held on Friday,… Read More

Tags: 186th Meeting, Agenda, FIPB

FIPB – Postponement Notice for 186th Meeting to be held now on 24th January,2013

Special Messenger Most Immediate No. 7(01)/2013-FIPB Government of India Ministry of Finance Department of Economic Affairs (FIPB Unit) New Delhi, the January 18, 2013. Office Memorandum Subject: Meeting of the Foreign Investment Promotion Board (FIPB) - regarding. The undersigned is directed to refer to this Department™s Office Memorandum of even number dated the January 8,… Read More

Tags: 186th Meeting of FIPB, FIPB

Four FDI Proposals Approved by FIPB

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on December 31, 2012, the Central Government has approved four (04) proposals of Foreign Direct Investment (FDI) amounting to Rs. 1286.75 crore approximately. The following four (04) proposals have been approved. Sl. No. Name of theapplicant Particulars of the proposal FDI/NRIinflows (` In crore) INDUSTRIAL POLICY & PROMOTION 1 M/s PranBeverages (India) Pvt. Ltd., Kolkata Change in foreign collaborator and increase in foreign equity participation to carry out the business of… Read More

Tag: FIPB