Without a willingness to lug cheap flat-pack wardrobes home and wrestle with self-assembly, there would be no IKEA, but in Asia, where the locals have other ideas, the Swedish furniture giant thinks it still has a bright future. ...
10:51 AM, Mar 07, 2013
The Foreign Investment Promotion Board (FIPB) has given approval to Rs 10,000 crore investment proposal of Swedish furniture major, IKEA. The company will now be able to sell all its products and set up cafeterias at its retail stores. ...
08:45 PM, Jan 21, 2013
New Delhi: Government's single-window body to clear foreign investment proposals, FIPB, on Tuesday cleared Swedish furniture major IKEA's Rs 10,500-crore project, the largest FDI in single-brand retail so far. The Foreign Investment Promotion Board (FIPB) has approved the proposal of IKEA, Economic Affairs Secretary Arvind Mayaram said after the board meeting in New Delhi. IKEA Group, which manufactures and sells home and office furnishing products, proposes to invest in single...
06:06 PM, Nov 20, 2012
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
