In a bid to increase the foreign direct investment (FDI) in India, the Cabinet Committee on Economic Affairs has approved a proposal to review the policy of approvals for foreign ... Continue_Reading

In June, India’s Foreign Investment Promotion Board (FIPB) had approval a total of 6 proposals in the Broadcasting, Information & Technology, Telecom and Media sectors. Going with the trend the Government in ... Continue_Reading

After several meetings where 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 ... Continue_Reading

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 Vodafone Essar South ... Continue_Reading

Nokia has received the  go-ahead from India’s Foreign Investment Promotion Board to invest Rs 0.25 crores into setting up a joint venture with HCL Infosystems. The handset maker will hold 51% in the setup ... Continue_Reading

It appears that struggling satellite radio firm Worldspace Inc is eying the web based music streaming in India: the companys application to launch its online radio services in India has been ... Continue_Reading

Update: Dow Jones has declined to comment on their India plans at this time, but from what we’ve heard, they looking more at the version of the Asian Wall Street ... Continue_Reading

STAR CJ Network India, a joint venture between Star India and South Korean company CJ Home Shopping, has received an FIPB approval for setting up a home shopping channel in ... Continue_Reading

Broadband Pacenet, a Mumbai based ISP has received an approval from the Foreign Exchange Promotion Board to divest 74 percent stake, and receive foreign investment to the tune of Rs. ... Continue_Reading