Foreign Investment Promotion Board

Type: Organization

Name: Foreign Investment Promotion Board

First reported 11 hours ago - Updated 1 hour ago - 3 reports

Government okays FDI proposals worth Rs.1,647 crore

:The government Tuesday said it has cleared 16 foreign direct investment proposals worth Rs.1,646.87 crore.The largest money flow of Rs.961.74 crore is related to acquisition of stakes by foreign promoters in Chennai-based Vijay Television.“Based on the ... [Published ProKerala.com - 8 hours ago]

Entities: Foreign Investment Promotion Board, Korea Western Power Company, Punj Lloyd Ltd, SECURITY CLEARANCE

First reported 11 hours ago - Updated 4 hours ago - 1 reports

AirAsia Bhd

S.Ramadorai named AirAsia India Chairman

AirAsia received the FIPB approval in March this year to set up airline in India AirAsia has reportedly appointed S. Ramadorai as the Chairman of AirAsia India. A day earlier Ratan Tata was appointed as the Chief Advisor to AirAsia's India board. AirAsia ... [Published India Infoline - 11 hours ago]

Entities: AirAsia Bhd, India, Tata Elxsi Ltd, Tata Institute of Social Sciences

First reported 11 hours ago - Updated 11 hours ago - 1 reports

Telenor ASA

'Telenor gets approval to hike stake in Telewings'

India's Foreign Investment Promotion Board (FIPB) cleared Norway-based Telenor's proposal to hike its stake in Indian operator Telewings Communications from 49 percent to 74 percent, reports DNA. As per the company's proposal, the foreign direct investment ... [Published Individual.com - 11 hours ago]

Entities: Telenor ASA, Foreign Investment Promotion Board, Joint Venture, DNA

First reported Jun 17 2013 - Updated 12 hours ago - 2 reports

Jet Air

Jet, Air France-KLM ink code-sharing deals

Jet Airways has entered into code-share agreements with European carriers Air France and KLM. Air France-KLM offer 27 weekly long-haul flights between Europe and India.The code-share agreement enables Air France to market flights under AF flight numbers ... [Published Hindustan Times - Jun 17 2013]

Entities: Jet Air, Air France-KLM Group, Jet Airways India Ltd, Air France SA, New Delhi (India)

First reported 16 hours ago - Updated 16 hours ago - 1 reports

Jet Airways India Ltd

Civil aviation ministry red flags Jet being piloted out of Abu Dhabi

Tags: Civil Aviation Ministry | Jet-Etihad Deal | Jet AirwaysThe civil aviation ministry has raised two key concerns regarding the proposals accompanying the Rs 2,060 crore Jet-Etihad deal. Of these, a plan cited by the carriers to shift some of the ... [Published Financial Express - 16 hours ago]

Entities: Abu Dhabi, Aviation, Jet Airways India Ltd

First reported 17 hours ago - Updated 17 hours ago - 1 reports

Etihad Airways

Discrepancies held up Jet Airways and Etihad Airways contract

Discrepancies between the original suggestion and the one that was presented before the Foreign Investment Promotion Board (FIPB) made the Civil Aviation Ministry red flag Etihad’s suggestion to get a stake in Jet Airways.In the original suggestion, Jet ... [Published Trans Reporter - 17 hours ago]

Entities: Jet Airways India Ltd, Etihad Airways, Foreign Investment Promotion Board, Competition Commission of India, Aviation

First reported Jun 17 2013 - Updated Jun 17 2013 - 4 reports

Jet tanks over 12 pc after FIPB defers Etihad deal

Mumbai, Jun 17 (PTI) Shares of Jet Airways slumped over 12 per cent in morning trade on the bourses after the Foreign Investment regulator deferred the Jet-Etihad deal.The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore ... [Published Press Trust of India - Jun 17 2013]

Entities: Foreign Investment Promotion Board, Jet Airways India Ltd, Stocks

First reported Jun 17 2013 - Updated Jun 17 2013 - 6 reports

Jet Airways tanks over 12% after Etihad approval deferred

Shares of Mumbai-based Jet Airways plunged over 12 per cent in early trade on Bombay Stock Exchange (BSE) ahead of Foreign Investment Promotion Board deferred clearance of the Etihad's proposal to buy a 24% stake in the domestic airline.The FIPB on Friday ... [Published Oneindia - Jun 17 2013]

Entities: Jet Airways India Ltd, Bombay Stock Exchange, Stocks, Foreign Investment Promotion Board

First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Jet Slumps as India Defers Decision on Stake Sale: Mumbai Mover

Jet Airways (India) Ltd. (JETIN), the nation’s biggest publicly-traded carrier, fell the most in a week in Mumbai trading after the government deferred a decision on the airline’s plan to sell a stake to Etihad Airways PJSC.Shares of Jet slumped as much ... [Published Bloomberg - Jun 17 2013]

Entities: Foreign Investment Promotion Board, Mumbai, India

First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Jet Airways rally may lose some fuel

The stock of Jet Airways, which has been on the rise on hopes that the Centre will clear its deal with Etihad, may lose momentum. This is because the proposal of the Abu Dhabi-based Etihad Airways to acquire a 24 per cent stake in Jet Airways failed to ... [Published Hindu Business Line - Jun 16 2013]

Entities: Jet Airways India Ltd, Foreign Investment Promotion Board, Etihad Airways

First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

FIPB defers decision on Jet-Etihad Airways deal

The Foreign Investment Promotion Board (FIPB) on Friday deferred its decision on the Rs 2,058 crore Jet-Etihad airways deal. The deal is publicized as the largest and first foreign investment in the Indian aviation sector after the government permitted ... [Published Oneindia - Jun 16 2013]

Entities: Foreign Investment Promotion Board, Ravi Shankar Prasad, Airway, Bihar (India)

First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Etihad-linked Jet hires ex-Air New Zealand CEO

India’s Jet Airways, in which Abu Dhabi’s Etihad Airways recently bought a 24 percent stake, has hired ex Air New Zealand boss Gary Kenneth Toomey as its new CEO.Former Jet Airways boss Nikos Kardassis resigned on June 5, less than two months after the ... [Published Arabian Business - Jun 16 2013]

Entities: New Zealand, Jet Airways India Ltd, India, Foreign Investment Promotion Board

Quotes

"We have submitted the report to the Finance Minister. Action will be taken on it as and when the government decides. Policy is with the DIPP [Department of Industrial Policy & Promotion], so finally they will take a call. This is just our recommendation" Dr. Mayaram told reporters here

Panel moots easing of FDI sectoral caps [Published The Hindu - 3 hours ago]

Union Civil Aviation Minister Ajit Singh had told reporters last week that all the matters on AirAsia India were resolved. "All matters on AirAsia India have been resolved. The proposal has been sent to the home ministry for security clearance. Once the ministry's nod comes, the civil aviation ministry will give its clearance" , he told reporters

AirAsia India appoints Ramadorai of TCS as its Chairman [Published Traveltechie.com - 5 hours ago]

"Based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its meeting held on May 10, 2013, Government has approved 16 proposals of Foreign Direct Investment (FDI) amounting to Rs 1,646.875 crore" an official statement said

FIPB clears 16 FDI proposals worth Rs 1,647 cr [Published Press Trust of India - 10 hours ago]

"The original agreement authorized Etihad to control Jet's businesses to a significant extent, which is not only prohibited in FDIs (foreign direct investments) in civil aviation, but also triggers an open offer according to the new takeover code. The amendments dilute Etihad's controlling powers and material transactions would include things like buying or selling aircraft, getting into businesses other than aviation, etc." said the person close to Sebi

Sebi may clear Jet-Etihad deal sans open offer [Published Individual.com - 12 hours ago]

More Content

sort by: Date \| Relevance
FinMin panel suggests significant changes in FD... [Published New Delhi Pioneer - 20 mins ago]
Vijay Television’s FDI proposal among 16 cleared [Published The Hindu - 2 hours ago]
Panel moots easing of FDI sectoral caps [Published The Hindu - 3 hours ago]
Govt panel for hiking FDI limits in defence, te... [Published Hindu Business Line - 3 hours ago]
Govt panel for hiking FDI limits in def, retail... [Published DDI News - 5 hours ago]
AirAsia India appoints Ramadorai of TCS as its ... [Published Traveltechie.com - 5 hours ago]
Govt Panel for Hiking FDI Limit in Defence, Ret... [Published Outlook India - 6 hours ago]
Government okays FDI proposals worth Rs.1,647 c... [Published ProKerala.com - 8 hours ago]
Tata Group veteran Ramadorai appointed as AirAs... [Published Stockwatch.in - 8 hours ago]
FIPB clears 16 FDI proposals worth Rs 1,647 cr [Published Press Trust of India - 10 hours ago]
FIPB clears 16 FDI proposals worth Rs 1,647 crore [Published zeenews.com - 10 hours ago]
S.Ramadorai named AirAsia India Chairman [Published India Infoline - 11 hours ago]
'Telenor gets approval to hike stake in Telewings' [Published Individual.com - 11 hours ago]
Government clears 16 FDI proposals worth Rs 1,6... [Published NDTV Profit - 11 hours ago]
Sebi may clear Jet-Etihad deal sans open offer [Published Individual.com - 12 hours ago]
Civil aviation ministry red flags Jet being pil... [Published Financial Express - 16 hours ago]
Discrepancies held up Jet Airways and Etihad Ai... [Published Trans Reporter - 17 hours ago]
Jet, Air France-KLM ink code-sharing deals [Published Hindustan Times - Jun 17 2013]
DP World set to ink pact with JNPT for second t... [Published Hindu Business Line - Jun 17 2013]
TCS’ Ramadorai is AirAsia India Chairman [Published Hindu Business Line - Jun 17 2013]
Jet Airways tanks over 12% after Etihad approva... [Published Oneindia - Jun 17 2013]
Jet Airways deal with Etihad put on hold [Published Cargonews Asia - Jun 17 2013]
Jet Airways shares fall on Etihad deal deferral [Published MyWeb Dunia - Jun 17 2013]
Jet Airways recovers on codeshare agreements wi... [Published MyIris - Jun 17 2013]
Aviation FDI: Stuck Jet-Etihad deal vindicates ... [Published Firstpost.com - Jun 17 2013]
Jet shares slip 10% after FIPB defers decision ... [Published Stockwatch.in - Jun 17 2013]
Jet tanks over 12 pc after FIPB defers Etihad deal [Published Press Trust of India - Jun 17 2013]
Telenor Gets FIPB Approval To Increase Its Tele... [Published Media Nama - Jun 17 2013]
Jet stocks tank 12 pc after FIPB defers Etihad ... [Published The Hindu - Jun 17 2013]
Jet Airways tanks over 12% after FIPB defers Et... [Published Hindu Business Line - Jun 17 2013]

Blogs

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Foreign Investment Promotion Board (FIPB) clear... [Published Panchabuta-Renewable Energy & Cleantech in India - Jun 02 2013] According to reports, the government on Friday said it has approved eight FDI proposals worth Rs 696 crore, including those of ACME Solar Energy, GETIT Infoservices and McKinsey & Company. The Foreign Investment Promotion Board (FIPB) cleared the proposal ...
Foreign Investment Promotion Board (FIPB) clear... [Published Panchabuta - Cleantech & Renewable Energy in India - Jun 02 2013] According to reports, the government on Friday said it has approved eight FDI proposals worth Rs 696 crore, including those of ACME Solar Energy, GETIT Infoservices and McKinsey & Company. The Foreign Investment Promotion Board (FIPB) cleared the proposal ...
M&M’s defence JV rejected due to CBI case again... [Published MaritimeSecurity.Asia - Jan 04 2013] M&M’s defence JV rejected due to CBI case against RafaelSurajeet Das Gupta & Sounak Mitra / New Delhi Jan 05, 2013, 00:50 IST A six-year-old Central Bureau of Investigation ( CBI ) case against Israeli defence company Rafael Advanced Defense Systems ...