debt funds

IIP data dissapoints Pranab, says government committed to reforms


June 12th, 2012 - 4:02 pm ICT by IANS
New Delhi, June 12 (IANS) Finance Minister Pranab Mukherjee Tuesday said that he was disappointed with the industrial output data but asserted that the government was committed to kickstarting ... Read more...

Posted in Business |

Reselling the India story: road shows kick off in the Gulf


June 9th, 2012 - 9:52 pm ICT by IANS
Dubai/New Delhi, June 9 (IANS) Road shows highlighting India's growth potential to attract sovereign funds and other investors kicks off in five Gulf countries of Saudi Arabia, the United Arab ... Read more...

Posted in Business |

Rupee hits a new low of 55.47 against dollar


May 22nd, 2012 - 8:49 pm ICT by IANS
Mumbai, May 22 (IANS) The Indian rupee Tuesday slipped to 55.47 against a dollar, hitting a fresh record low for the fifth session in a row, due to increased ... Read more...

Posted in Business |

Union budget reflects policy paralysis, is anti people: Jayalaltihaa


March 16th, 2012 - 7:14 pm ICT by IANS
Chennai, March 16 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Friday criticised the union budget 2012-13 as anti-people and demonstrating "the continued policy paralysis gripping the central government".Reacting to ... Read more...

Posted in Politics |

Infrastructure spending may fall short of target: Montek


September 15th, 2011 - 6:04 pm ICT by IANS
New Delhi, Sep 15 (IANS) The target of $500 billion investment on infrastructure development during the next Five Year Plan (2012-13 to 2016-17) is likely to fall short by ... Read more...

Posted in Business |

India allows foreigners to invest in domestic mutual funds


August 9th, 2011 - 8:09 pm ICT by IANS
Mumbai, Aug 9 (IANS) India Tuesday allowed foreign investors to participate in local mutual funds, allowing them to invest up to $10 billion and expanding the capital flow channels into ... Read more...

Posted in Business |

India to set up debt fund to finance infrastructure


June 24th, 2011 - 3:45 pm ICT by IANS
New Delhi, June 24 (IANS) India will soon set up a debt fund to facilitate financing of long-term infrastructure projects. The government said Friday it has finalised the broad ... Read more...

Posted in Business |

Finance ministry vetting infrastructure debt fund scheme: Montek


June 10th, 2011 - 9:33 pm ICT by IANS
Bangalore, June 10 (IANS) The union finance ministry is examining a proposal to set up an infrastructure debt fund for financing infrastructure projects across the country during the 12th ... Read more...

Posted in Business |

Reliance Infrastructure 2010-11 operating income, net profit rise


May 27th, 2011 - 7:45 pm ICT by IANS
Mumbai, May 27 (IANS) Leading utility and infrastructure development major Reliance Infrastructure, part of the Anil Dhirubhai Ambani group Friday reported a 4 percent increase in total operating income at Rs.15,408 ... Read more...

Posted in Business |

Ashok Leyland to invest Rs.1,000 crore on operations


May 20th, 2011 - 2:08 am ICT by IANS
Chennai, May 20 (IANS) Commercial vehicles major Ashok Leyland Ltd will invest around Rs.1,000 crore this fiscal on its own operations as well as on its joint ventures, a senior ... Read more...

Posted in Business |

Pranab’s budget lacks vision, will enrich affluent: Swaraj


March 2nd, 2011 - 1:49 am ICT by IANS
New Delhi, March 1 (IANS) The budget for 2011-12 lacks any broad vision and will only help the affluent sections of society, senior Bharatiya Janata Party (BJP) leader Sushma ... Read more...

Posted in Business |

India Inc., NRIs react to Pranab’s budget


February 28th, 2011 - 10:21 pm ICT by IANS
Mumbai, Feb 28 (IANS) Top industrialists, businessmen and NRIs Monday reacted to the federal budget presented by Finance Minister Pranab Mukherjee. Here are some of the comments: * Y.C. Deveshwar, chairman, ... Read more...

Posted in Business |

India to set up $10-bn infrastructure debt fund


July 31st, 2010 - 12:36 am ICT by IANS
Bangalore, July 30 (IANS) India plans to set up a $10-billion infrastructure debt fund for long-term financing infrastructure projects across the country, Planning Commission deputy chairman Montek Singh Ahluwalia said late Friday. ... Read more...

Posted in Business |

Sundaram Finance to run mutual fund without foreign partner


July 15th, 2010 - 5:15 pm ICT by IANS
Chennai, July 15 (IANS) After buying out the stakes of its mutual fund joint venture partner BNP Paribas, city-based Sundaram Finance is not in a hurry to tie-up with any other group ... Read more...

Posted in Business |

Mutual funds body not to launch transaction platform


January 29th, 2010 - 4:44 pm ICT by IANS
Kolkata, Jan 29 (IANS) Association of Mutual Funds in India (AMFI) will not launch its own mutual funds transaction platform, industry body chairman A.P. Kurian said here Friday. "For the last two years ... Read more...

Posted in Business |

Gold prices may touch Rs.18,000 per 10 gram: Assocham


September 13th, 2009 - 2:54 pm ICT by IANS
New Delhi, Sep 13 (IANS) Gold prices may go up further during the forthcoming festive season to touch Rs.18,000 per 10 gram, according to the Associated Chambers of Commerce and Industry of ... Read more...

Posted in Business |

Govt. allows DIAL to charge development fee from passengers


February 9th, 2009 - 5:16 pm ICT by ANI
New Delhi, Feb.9, (ANI): The Government has conditionally approved the levy of a Development Fee (DF) by the Delhi International Airport Limited (DIAL) at Rs. 1,300 per departing international passenger and ... Read more...

Posted in National |

Hit by credit crunch, Sterling goes slow on biofuel plans


September 29th, 2008 - 4:10 pm ICT by IANS
Chennai, Sep 29 (IANS) The Rs.65-billion ($1.4-billion) Sterling Infotech Group, which has interests in renewable energy and biofuel among other business interests, is going slow on its ambitious ethanol production plans in ... Read more...

Posted in Business |

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