Fipb

Court Gives Interim Bail To Former NITI Aayog CEO, Others In INX Media Case

India News | Press Trust of India | Friday November 29, 2019

A Delhi court has granted interim bail to former NITI Aayog CEO Sindhushree Khullar and others in the INX Media corruption case. Special Judge Ajay Kumar Kuhar also granted relief to former OSD to finance minister Pradeep Kumar Bagga and former FIPB director Prabodh Saxena.

Centre Allows CBI To Prosecute Ex-NITI Aayog CEO, 3 Others In INX Case

India News | Written by Arvind Gunasekar, Edited by Debanish Achom | Saturday September 28, 2019

The government has given the green light to prosecute four former senior officers of the Finance Ministry, including Sindhushree Khullar, along with Congress leader P Chidambaram, sources said, for alleged wrongdoing in clearing foreign investments for a media firm in 2007, now known as the INX Media case.

Centre Allows CBI To Move Against Ex-NITI Aayog CEO, Others In INX Case

India News | Press Trust of India | Friday September 27, 2019

The government has issued a sanction to the CBI to prosecute former NITI Aayog CEO Sindhushree Khullar and others in connection with the FIPB clearance granted to INX Media, officials said.

P Chidambaram Ordered To File Affidavit On Source Of Government Documents

India News | Press Trust of India | Tuesday September 24, 2019

The Delhi High Court today directed former finance minister P Chidambaram, arrested in the INX Media corruption case, to file an affidavit disclosing the source of certain government documents, relating to FIPB approval granted to the company.

P Chidambaram Appears Before Probe Agency In INX Media Case

India News | Indo-Asian News Service | Monday January 7, 2019

Former Finance Minister P Chidambaram on Monday appeared for questioning before the Enforcement Directorate (ED), which is probing his role in the INX media money laundering case for giving a Foreign Investment Promotion Board (FIPB) clearance to the group in 2007.

Aircel-Maxis Case: P Chidambaram Questioned By Probe Agency Again

India News | Press Trust of India | Tuesday June 12, 2018

Former Finance Minister P Chidambaram appeared before the Enforcement Directorate today for the second round of questioning today.

CBI Summons Karti Chidambaram In Aircel-Maxis Case

India News | Press Trust of India | Wednesday September 13, 2017

The CBI has summoned Karti Chidambaram, son of former finance minister P Chidambaram, in connection with its probe into the Foreign Investment Promotion Board (FIPB) clearance given to the Aircel-Maxis deal in 2006.

Karti Chidambaram Questioned For 7 Hours By CBI

India News | Press Trust of India | Monday August 28, 2017

Former finance minister P Chidambaram's son Karti was today questioned for nearly seven hours in a corruption case of alleged clearance given to a media group owned by Peter Mukerjea and his wife Indrani for bringing foreign funds into their venture, CBI sources said.

Supreme Court Asks Karti Chidambaram To Appear Before CBI On August 23

India News | Press Trust of India | Friday August 18, 2017

The Supreme Court today directed Karti Chidambaram, son of former Union minister P Chidambaram, to appear before investigators at the CBI headquarters in New Delhi on August 23 for questioning in a corruption case.

No One From My Family Could Influence Foreign Investment Board FIPB: P Chidambaram

India News | Press Trust of India | Monday May 29, 2017

Senior Congress leader P Chidambaram today said it was "preposterous" to suggest that any member of his family could influence six secretaries of the central government who were part of the Foreign Investment Promotion Board or FIPB.

Union Cabinet Scraps Decades-Old Foreign Investment Regulator

Business | Written by Rahul Shrivastava | Thursday May 25, 2017

The step is in keeping with plans to make India an easier place to do business, Finance Minister Arun Jaitley said.

Government Scraps Decades-Old Foreign Investment Advisory Body

Business | Thomson Reuters | Wednesday May 24, 2017

The step follows Finance Minister Arun Jaitley's budget pledge in February to abolish the institution, which was set up soon after India embarked on its first market reforms in 1991, in a departure from decades of socialist planning.

Amid P Chidambaram Raids, Cabinet Reviews Ending FIPB (Investment Board)

India News | Written by Rahul Shrivastava | Wednesday May 17, 2017

A day after the Chennai home of P Chidambaram was raided in an inquiry to determine if foreign investment proposals were illicitly cleared by him while he was Finance Minister, the cabinet met today to decide whether to dissolve the Foreign Investment Proposal Board or FIPB.

Reserve Bank Of India To Frame Standard Procedure For FDI Approvals Post FIPB

Business | Press Trust of India | Sunday February 26, 2017

In the sensitive sectors like defence and telecom, companies having licences can only seek foreign investments.

FIPB Clears 15 FDI Proposals Worth Rs 12,000 Crore

Business | Press Trust of India | Tuesday February 21, 2017

Finance Minister Arun Jaitley in his Budget 2017-18 announced abolishing FIPB saying 90 per cent of the foreign investment approvals are via automatic route and only 10 per cent go to the board.