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About Foreign Investment Promotion Board

The Foreign Investment Promotion Board (FIPB) is a competent body to consider and recommend foreign direct investment which do not come under the automatic route.

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With the shifting of the FIPB to the Department of Economic Affiars, Ministry of Finance, the FIPB has been reconstituted as under:
* Secretary, Department of Economic Affairs Chairman
* Secretary, Department of Industrial Policy & Promotion Member
* Secretary, Department of Commerce Member
* Secretary, (Economic Relation), Ministry of External Affairs Member

The Board would be able to co-opt Secretaries to the Government of India and other top officials of financial institutions, banks and professional experts of industry and commerce, as and when necessary"

  1. Mentioned In 56 Articles

  2. India’s 3G Auction On 9th April 2010; Here We Go Again

    Explore Article MediaNama.com (Feb 24 2010) Telecom

    India’s 3G Auction On 9th April 2010; Here We Go Again It’s becoming tiresome, but we hope that this, finally, is it. After much strife, speculation and dilly-dallying India has once again announced a revised schedule for the auction of 3G spectrum. This time, the timeline set is as follows: Feb 25th: Notice inviting applications: Mar 19th: Last date of submission of application Mar 26th: Publication of ownership [...] (Read Full Article)

    Comment on Article Mentions:   Vodafone   BWA   Uninor

  3. India Changes FDI Approval Policy To Attract Investments

    Explore Article MediaNama.com (Feb 15 2010)

    ...k Bhaskar, Unitech Wireless, Devas Multimedia, UTV Software, Dish TV and others have applied to the Foreign Investment Promotion Board (FIPB) for approvals. The changes are likely to help increase FDI in India, and make these invest... (Read Full Article)

    Comment on Article Mentions:   Fipb   Unctad   FDI

  4. Govt Announces HITS Policy; Foreign Investment Upto 74% Allowed

    Explore Article contentSutra.com (Nov 12 2009)

    Govt Announces HITS Policy; Foreign Investment Upto 74% Allowed ...irect foreign investment upto 74% will be allowed in HITS companies. However, prior approval of the Foreign Investment Promotion Board will be required if foreign direct investment in the company exceeds 49%. Existing permission holde... (Read Full Article)

    Comment on Article Mentions:   Essel Group   Foreign Investment Promotion Board   DTH

  5. News Roundup: Patni To Buy Cos By February 2010

    Explore Article VCCircle (Nov 10 2009)

    ...ons could happen by January-February in 2010. (Mint) FIPB May Defer JM Financial ARC Proposal - The Foreign Investment Promotion Board (FIPB) has recommended that a decision be deferred on a proposal moved by JM Financial Asset Recons... (Read Full Article)

    Comment on Article Mentions:   Hindu Business Line   Asian Development Bank   FDI

  6. FIPB Digest: Verizon, Cable & Wireless, DB Corp, Images, ByCell & More

    Explore Article MediaNama.com (Oct 23 2009) Acquisition

    FIPB Digest: Verizon, Cable & Wireless, DB Corp, Images, ByCell & More In June, India’s Foreign Investment Promotion Board (FIPB) had approval a total of 6 proposals in the Broadcasting, Information & Technology, Telec... (Read Full Article)

    Comment on Article Mentions:   Sify Technologies Ltd   Business Standard   Telecom and Media

  7. Updated: Telenor Allowed To Acquire 74% In Uninor; Conditions?

    Explore Article MediaNama.com (Oct 19 2009)

    Updated: Telenor Allowed To Acquire 74% In Uninor; Conditions? ... the government (details below), the approval is subject to certain conditions put forth by India’s Foreign Investment Promotion Board. We’ve requested Uninor for details of these conditions, and will update when we have more informat... (Read Full Article)

    Comment on Article Mentions:   Uninor   Foreign Investment Promotion Board   Telenor

  8. News Digest: Hungama, MTS, Airtel-MTN, Rajasthan Royals, Orkut, DB Corp, ATC-Essar

    Explore Article MediaNama.com (Sep 9 2009) Social Networking , Funding

    FIPB Defers DBCorp, Rajashtan Royals Decision India’s Foreign Investment Promotion Board has deferred a decision on DB Corp’s plan for an IPO, which involves a sale from existing promoters... (Read Full Article)

    Comment on Article Mentions:   Airtel   Foreign Investment Promotion Board   Rajasthan Royals

  9. Telenor’s Unitech Wireless Investment To Be Addressed By CCEA

    Explore Article MediaNama.com (Sep 7 2009)

    Telenor’s Unitech Wireless Investment To Be Addressed By CCEA ...a decision on Telenors proposed Rs. 3740 crore investment in Unitech Wireless was deferred, India’s Foreign Investment Promotion Board has referred the decision to India’s Cabinet Committee on Economic Affairs. The reason for referrin... (Read Full Article)

    Comment on Article Mentions:   Unitech Wireless   Cabinet Committee on Economic Affairs   Telenor

  10. News Roundup: Hiranandani Raises PE Funding For Projects

    Explore Article VCCircle (Sep 2 2009) Acquisition

    ... - Sistema Shyam Teleservices (SST) has filed a fresh application with foreign investment regulator Foreign Investment Promotion Board (FIPB) seeking clearance for its internet subsidiary Shyam Internet Services. The Department of Tel... (Read Full Article)

    Comment on Article Mentions:   Sistema Shyam Teleservices   Gsm & Cdma   Godrej Group

  11. News Digest: MyFM, Rcom, Shaadi, Irctc, TringMe, Nokia, Sbi, Irda, FrontLine, Tejas, Swan, TechM

    Explore Article MediaNama.com (Aug 24 2009) Mobile

    ...re through preferential allotment of fully paid up equity shares. It has received approval from the Foreign Investment Promotion Board (FIPB). Synergy runs 94.3 MyFM in 17 cities. Related: Dainik Bhaskar IPO Filing: Digital Kiosks; In... (Read Full Article)

    Comment on Article Mentions:   Dainik Bhaskar   Synergy Media Entertainment Ltd   Irctc

  12. Roundup: CoralHub, India Today’s NewsBuzzer, Bsnl, Mtnl, India Value Fund, Matrix Partners, DoT

    Explore Article MediaNama.com (Jul 28 2009)

    ...and Delhi; BSNL has licenses for the rest of India. FIPB rejects proposal of 500 million in IVF The Foreign Investment Promotion Board (FIPB) has rejected Mauritius-based investment fund Indium’s second attempt to park funds in privat... (Read Full Article)

    Comment on Article Mentions:   Warid Telecom   Radio City   Essar

  13. Q2-09 Call: Unitech Wireless Plans 5 Circle Launch In Q4; Competition, Timing, Free Minutes

    Explore Article MediaNama.com (Jul 23 2009) Acquisition

    ..., which owns 49 percent in new telco Unitech Wireless hasn’t yet received an approval from India’s Foreign Investment Promotion Board to increase its stake to 74 percent, but has outlined plans to launch services in 5 circles in Q4 -... (Read Full Article)

    Comment on Article Mentions:   Telenor   Unitech Wireless   Reliance Industries Limited

  14. FIPB Roundup: Unitech Wireless Deferred Again; Verdant, Utv, Zeel, Dish TV, BenQ

    Explore Article MediaNama.com (Jul 20 2009)

    ...ireless‘ application to increase the foreign shareholding to 74% has been deferred yet again by the Foreign Investment Promotion Board. This is likely to delay, again, the inflow of funds from Telenor, into the new telecom operator, a... (Read Full Article)

    Comment on Article Mentions:   Unitech Wireless   UTV Software   Foreign Investment Promotion Board

  15. Govt Approvals For Tikona, Spectator, VenturEast, BGC SmartCard, Eros; PowerMax, Zeel, Unitech Deferred

    Explore Article MediaNama.com (Jul 7 2009)

    Govt Approvals For Tikona, Spectator, VenturEast, BGC SmartCard, Eros; PowerMax, Zeel, Unitech Deferred ...a sectors and the government has approved six proposals and deferred three more as suggested by the Foreign Investment Promotion Board. European publisher of specialty magazines, periodicals and journals, Gruner + Jahr International M... (Read Full Article)

    Comment on Article Mentions:   Vodafone   The Telegraph   Telecom and Media

  16. Vodafone Eyes ISP Business In India; Gets Approval For Divesting Ortus

    Explore Article MediaNama.com (Jul 3 2009)

    Vodafone Eyes ISP Business In India; Gets Approval For Divesting Ortus Vodafone Essar has received an approval from India’s Foreign Investment Promotion Board (FIPB) for including ‘Internet Service Provider’ as an additional item of activity for its company ... (Read Full Article)

    Comment on Article Mentions:   Vodafone   Reliance Industries Limited   Airtel

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