FDI Current Affairs

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FIPB clears 6 FDI proposals worth Rs 1,187 crore

The Inter-ministerial body Foreign Investment Promotion Board (FIPB) approved six investment proposals envisaging foreign investments of Rs 1,186.5 crore.  Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. It has approved the proposals of Sanofi Synthelabo India, Star Den Media Services, Idea Cellular Infrastructure Services, Boehringer Ingelheim India… Read More »

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FIPB clears 6 FDI proposals worth Rs 1,200 crore

The Foreign Investment Promotion Board (FIPB) has approved six Foreign Direct Investment (FDI) proposals worth Rs 1,200 crore. Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. It has approved the proposals of, Star Den Media Services, Sanofi Synthelabo India, Idea Cellular Infrastructure Services, Menarini India, Boehringer Ingelheim… Read More »

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India crosses $300 billion milestone

India has received over US $300 billion US Foreign Direct Investment (FDI) milestone between April 2000 and September 2016. The cumulative FDI inflows during the period amounted to US $310.26 billion. With this, India firmly established its credentials as a safe investment destination in the world. Key Facts 33% of the FDI came through the… Read More »

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Union Cabinet approves liberalization of FDI norms for NBFCs

The Union Cabinet has approved liberalization of foreign investment norms for the non-banking finance companies (NBFCs) to improve the ease of doing business. Decision in this regard, Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi. Cabinet has approved Foreign investment in NBFCs can now come under the automatic route provided they… Read More »

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Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%

The Union Cabinet has given its approval for raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges. The decision brings the investment limit of foreign entities at par with that of domestic institutions. This enhanced limit is for a stock exchange, depository, banking company, insurance company and commodity derivative exchange. Additionally,… Read More »

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