New Delhi: Government on Tuesday dismissed as "factually incorrect and totally baseless" news reports the then Finance Minister P Chidambaram had delayed clearance by Foreign Investment Promotion Board (FIPB) to Aircel-Maxis deal in 2006. In a statement, the government said it had earlier issued a press release on April 28 regarding the foreign investment made by M/s. Global Communication Services Holdings Ltd., Mauritius, to acquire 73.99 per cent equity in...
04:07 PM, May 08, 2012
The company's application was cleared by the Foreign Investment Promotion Board at a meeting in the Capital. ...07:51 PM, Apr 27, 2007
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