New Delhi: The Foreign Investment Promotion Board (FIPB) has deferred a decision on Gulf carrier Etihad Airways' planned 24 per cent stake buy in Jet Airways, the country's economic affairs secretary said on Friday.
The board has sought more details on "effective control" and ownership, Arvind Mayaram said. After the FIPB, which clears foreign direct investment proposals, the deal will also need approval from the cabinet committee on economic affairs.
Abu Dhabi's Etihad agreed in April to acquire a 24 per cent stake in Jet for $370 million, giving it a bigger foothold in the fast-growing Indian market.
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04:55 PM, Jun 14, 2013
Ranchi: Aadhaar will be mandatory as proof during land deals in Jharkhand from January 1 2014, an official release said on Tuesday. The decision was taken to bring in transparency in the sale/purchase of land and prevention of registering the same land more than once, the release said quoting Chief Secretary RS Sharma. Now onwards land could be registered showing Aadhaar or other relevant documents, but from January 1, 2014...
12:56 AM, May 22, 2013
Defence Ministry's move to have 'life cycle cost' clause in tenders for military hardware, including in one for the 126 Multi-Role Medium Combat Aircraft (MMRCA), has come in for questioning from BJP which fears this could be misused for corruption. ...
05:33 PM, Mar 24, 2013
Both the Houses of Parliament had to be adjourned twice on Tuesday after the Opposition took on the government over Congress President Sonia Gandhi's son-in-law Robert Vadra's land deals. Questions have earlier been raised over Vadra's land deals in Haryana and Rajasthan. ...
12:17 PM, Mar 12, 2013
"I've decided that I'd like to spend more time with my family. Just kidding - I was fired today," Mason, wrote to employees. ...
08:15 AM, Mar 01, 2013
With the defence forces planning to finalise major deals such as the one for 126 Rafale combat aircraft, the government has earmarked more than Rs 33,000 crore for acquiring aircraft and aero-engines from the Rs 86,000 crore modernisation budget for the forces. Of this amount, Rs 25,000 crore has been given to the IAF which is close to finalising negotiations for deals such as the 126 Rafale combat aircraft, 22...
07:55 PM, Feb 28, 2013
CNN-IBN's Surya Gangadharan joined IBNLive readers for an interaction on the Agusta Westland chopper deal. ...
05:26 PM, Feb 14, 2013
Prime Minister Manmohan Singh said on Thursday that India and France reviewed major deals for fighter jets and nuclear reactors during French President Francoi Hollande's first day in the country. The Prime Minister also discussed Afghanistan and Pakistan issues with the French President who is currently on a two-day visit. ...
02:30 PM, Feb 14, 2013
Franco-American telecoms equipment maker Alcatel-Lucent SA has won an eight-year deal valued at more than $1 billion to manage Indian carrier Reliance Communications Ltd's networks in the east and south of the country. ...
02:51 PM, Jan 16, 2013
Senior Haryana IAS officer Ashok Khemka, who kicked up a political storm in 2012 when he alleged irregularities in the land dealings of Robert Vadra and DLF in the state, has asked the state government to give him a copy of the inquiry reports conducted by it. ...
03:55 PM, Jan 14, 2013
New Delhi: The coveted Samsung Galaxy S III, which became the world's best-selling smartphone model last quarter, pushing aside Apple's iPhone, is now available on Kaunsa.com for Rs 29,999. It seems to be a good deal as the same model is available for purchase on the Samsung India e-store for Rs 35,499. According to the e-commerce site, the smartphone will be delivered in 7 to 12 days. The phone features...
11:19 AM, Nov 12, 2012
Chandigarh: Senior Haryana IAS officer Ashok Khemka, who kicked up a political storm when he alleged irregularities in the land dealings of Robert Vadra and DLF in the state, on Friday said that he had got two threat calls within a fortnight and accused the police of not taking any action. Late in the night, the Haryana police said it has arrested one person who allegedly made a threat call...
11:32 PM, Nov 02, 2012
Even as Kejriwal made his 'startling disclosures' on Reliance controlling the Government, came news from China that Premier Wen Jiabao has accumulated billions from various ...
05:06 PM, Nov 01, 2012
New Delhi: India Against Corruption activist Arvind Kejriwal hit out at the Congress saying no Congress Chief Minister had the power to act against Congress President Sonia Gandhi's son-in-law Robert Vadra. Reacting to the CNN-IBN report on Vadra's land deals in Rajasthan, Kejriwal said, "It's a clear case of corruption, he bought land at throw-away prices. He had prior information from the state government about the upcoming projects. Haryana gave...
10:59 AM, Oct 27, 2012
The Congress, after being cornered over party president Sonia Gandhi's son-in law Robert Vadra's land deals, has now said that it has enough evidence of corruption against families of former prime minister Atal Bihari Vajpayee and senior BJP leader LK Advani. However, General Secretary Digvijaya Singh said his party will never disclose the details. Speaking to Karan Thapar on Devil's Advocate, Digvijaya further defended Robert Vadra, saying the allegations made...
09:20 PM, Oct 21, 2012
The IAC has reportedly formed an ombudsman to probe into allegations against members Anjali Damania, Prashant Bhushan and Mayank Gandhi. The crisis-ridden Kingfisher Airlines on Friday extended its lockout till October 23. Meanwhile, a case was registered against six unidentified persons on Friday in connection with the hijack alarm incident involving an Air India flight at the international airport in Thiruvananthapuram. ...
11:37 PM, Oct 19, 2012
New Delhi: With India Against Corruption (IAC) activists coming under the scanner for suspicious land deals, the organisation's head Arvind Kejriwal has promised an internal Lokpal to look into the charges. Having hit media headlines by targeting Bharatiya Janata Party (BJP) president Nitin Gadkari in acts of alleged corruption, IAC member Anjali Damania now finds herself under the scanner. She finds herself being accused of making windfall gains by selling...
11:09 PM, Oct 19, 2012
The IAC has reportedly formed an ombudsman to probe into allegations against members Anjali Damania, Prashant Bhushan and Mayank Gandhi. ...
10:12 PM, Oct 19, 2012
New Delhi: IAS officer Ashok Khemka, who set aside the mutation of a Rs 58 crore worth plot of land sold by Congress President Sonia Gandhi's son-in-law Robert Vadra to realty giant DLF in 2009, is demoralised as he has received death threats for the first time in his life, said one of Khemka's friends who is also a lawyer. Anupam Gupta said that Khemka had got "serious death threats"....
03:38 PM, Oct 16, 2012
Chandigarh: A senior Haryana IAS officer, who is at the centre of a raging controversy after he was transferred in the wake of his decision to probe alleged undervaluation of properties dealt with by Robert Vadra, son-in-law of Congress President Sonia Gandhi, has attacked the decision to transfer him, calling it "demoralising and dehumanising". Significantly, on the last day of his posting as Director General of Land Consolidation and Land...
02:57 PM, Oct 16, 2012
