"This is nothing except political vendetta of the worst kind which is playing itself out and it has sunk to a new low," Congress spokespers...

"As far as demonetisation is concerned, we will bear in mind that whatever is the revenue and other gains of it, they have not been fully f...

The Finance Ministry today referred FDI proposals worth Rs 4,187 crore in pharma firms - Glenmark and Aurobindo - to the Cabinet Committee ...

FDI in India increased by about 16 per cent year-on-year to $ 1.44 billion in June, which is the lowest figure during the calender year.

Axis Bank today said it has applied to the Foreign Investment Promotion Board (FIPB) to raise its foreign shareholding limit.

Commerce and Industry Ministry is believed to be in favour of taking a liberal view on FDI caps in the civil aviation sector so that the Rs...

FIPB has rejected as many as four proposals and deferred one in its last meeting because there was no clarity about sources of funds.

The government has struck down half of the products that IKEA proposed to sell in the country while clearing its Rs 10,500-crore investment...

The government is set to make it easier for foreign investors to set up businesses that deal in government securities, easing the entry for...

The government on Monday decided to put a filter into foreign direct investment in the pharmaceutical sector.

The investments would be in the form of a compulsorily convertible structured product that will be convertible when the unit goes public.

FIPB has rejected Southern CNG Automobiles India’s proposal to set up CNG or Liquefied Petroleum Gas (LPG) conversion workshop and refuelli...

Ortel Communications will raise Rs 60 crore by diluting equity to private equity firm NSR-PE Mauritius.

Diesel and Arvind Mills have got the approval of Foreign Investment Promotion Board to sell the Italian firm's products in India.

US-based Verizon Business (formerly MCI) - one of the world’s largest global telecom service providers, has applied for a National Long Dis...

Aer Rianta International, the Irish duty-free giant associated with the first airport duty-free outlet in the world, has set foot in India.

Global online brokerage giant E*Trade Financial is all set to further enhance its controlling stake in the domestic financial services prov...