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FIPB clears GlaxoSmithKline's Rs 6,400-crore FDI proposal

2014-01-13 23:24:58| Biotech - Topix.net

IPB on Monday cleared Rs 6,400-crore foreign direct investment proposal of GlaxoSmithKline to acquire additional 24.33 per cent stake in its India arm.

Tags: proposal clears fdi fipb

 

GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

2014-01-05 16:03:36| Biotech - Topix.net

After purchase, the holding of the promoter group companies in the Indian subsidiary will go up to 75 per cent from the current 50.67 per cent Summary GSK has approached FIPB to hike stake by buying 24.33 pct for an estimated Rs 6,400 cr UK-based pharmaceuticals major GlaxoSmithKline has approached the FIPB to hike stake in its domestic arm by ... (more)

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FIPB clears Tesco's $110m multi-brand retail proposal

2013-12-30 14:08:29| Steel - Topix.net

Indian multi-brand retail segment in joint venture with Tata Group company with an initial investment of $110 million .

Tags: retail proposal clears 110m

 

Tesco to approach FIPB for multi-brand retail outlet

2013-12-17 21:31:38| Steel - Topix.net

New Delhi, Dec 17 : Trent, the retail arm of the Tata Group, and UK-based retail major Tesco have been in talks regarding an investment by the latter in Trent Hypermarket Limited and Tesco is making an application to the Foreign Investment Promotion Board in this regard, THL said Tuesday.

Tags: approach retail outlet tesco

 

Tata Group, Singapore Airlines get FIPB nod, set for take off, Ratan Tata meets P Chidambaram

2013-10-25 12:37:57| Airlines - Topix.net

Singapore Airlines will make an investment of $49 mn for a 49 pct stake in the JV company, while Tata will invest $51 mn for remaining stake.

Tags: p set group singapore

 

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