Tag: Foreign Investment Promotion Board

UK-based Vodafone on Thursday secured approval of the Cabinet to buy out minority shareholders in its Indian arm for Rs 10,141 crore, the single largest foreign investment in the country's telecom sector

Chennai: The CBI on Tuesday raided the residences of former Finance Minister P. Chidambaram and his son Karti in Chennai, Delhi and various other places alleging he could have benefited to the tune of Rs 3.5 crore for helping in the clearance of an FIPB proposal of media company INX Ltd when his father was […]

New Delhi: Former Union Minister P. Chidambaram on Friday appeared before the Enforcement Directorate (ED) for questioning in connection with a probe into the INX media case for giving a Foreign Investment Promotion Board (FIPB) clearance to the group in 2007. Chidambaram arrived at the Jamnagar office at 11.05 a.m. This is the third time […]

New Delhi: The Supreme Court on Friday said that Rs 10 crore deposited by Karti Chidambaram with the apex court’s registry for travelling abroad, will not be released for another three months. A bench headed by Justice Deepak Gupta said the amount will continue to remain in fixed deposit. Karti Chidambaram had deposited the amount […]