Measures to improve market conditions Monday: Pranab (Lead)
June 23rd, 2012 - 6:44 pm ICT by IANS
Kolkata, June 23 (IANS) Finance Minister Pranab Mukherjee Saturday said he was "concerned, not depressed" over signs of weakness in the Indian economy and announced that the central government ... Read more...
Posted in Business |
We will improve market condition: Pranab
June 23rd, 2012 - 4:46 pm ICT by IANS
Kolkata, June 23 (IANS) Finance Minister Pranab Mukherjee Saturday said he was concerned over signs of weakness in the Indian economy and announced that the central government would soon ... Read more...
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India clears 22 FDI proposals worth $112.5 million
April 20th, 2012 - 4:33 pm ICT by IANS
New Delhi, April 20 (IANS) The Indian government Friday approved 22 foreign direct investment (FDI) proposals amounting to Rs.586.137 crore ($112.5 million).The proposals were cleared following recommendations of the Foreign ... Read more...
Posted in Business |
Broadridge enters pact with IiAS
February 2nd, 2012 - 9:25 pm ICT by IANS
Hyderabad, Feb 2 (IANS) Broadridge Financial Solutions, Inc. and Institutional Investor Advisory Services India Limited (IiAS) Thursday jointly announced an alliance for the sale and distribution of IiAS proxy research ... Read more...
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India clears 20 FDI proposals worth $373 million
January 10th, 2012 - 7:20 pm ICT by IANS
New Delhi, Jan 10 (IANS) The Indian government Tuesday approved 20 foreign direct investment (FDI) proposals, including those of Sterlite Grid and TV Vision, amounting Rs.1,935.24 crore ($373 million), to ... Read more...
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Highlights of Prime Minister’s Economic Advisory Council report
August 1st, 2011 - 2:25 pm ICT by IANS
New Delhi, Aug 1 (IANS) Highlights of the Prime Minister's Economic Advisory Council report on India's economy released Monday:-- Country's growth pegged at 8.2 percent for 2011-12-- Inflation to ease ... Read more...
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Sundaram Asset to set up investment platform in Singapore
October 20th, 2010 - 8:36 pm ICT by IANS
Chennai, Oct 20 (IANS) City-based Sundaram Asset Management Company is setting up a special purpose vehicle in Singapore and forging a tie-up in Mauritius to channel investments in Indian securities and redemption ... Read more...
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Commonwealth Games is a “coming of age ceremony” for India: Expert
October 8th, 2010 - 12:44 pm ICT by ANI
New York, Oct.8 (ANI): The XIXth Commonwealth Games being held in New Delhi from October 3 to 14 should be seen as a "coming of age ceremony" for India, a participant at ... Read more...
Posted in National |
REC gets RBI nod to raises FII stake limit to 35 percent
October 1st, 2010 - 5:01 pm ICT by IANS
New Delhi, Oct 1 (IANS) State-owned Rural Electrification Corporation (REC) said Friday it has got approval from the Reserve Bank of India to raise the foreign institutional investor stake limit in the ... Read more...
Posted in Business |
Bandhan looking for international private investor
August 25th, 2010 - 6:08 pm ICT by IANS
Kolkata, Aug 25 (IANS) City-based Bandhan Microfinance is looking for a private investor who can infuse Rs.100 crore into the company, a top company official said here Wednesday.
The company is having talks ... Read more...
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Agricultural Bank of China on track for record IPO
July 8th, 2010 - 12:53 am ICT by IANS
Beijing, July 7 (DPA) The Agricultural Bank of China Ltd is on track to attract a record $22.1 billion after pricing its initial public offering in Shanghai and Hong Kong, reports said ... Read more...
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Mukherjee predicts 15 million ton shortfall in paddy production
November 18th, 2009 - 6:47 pm ICT by ANI
New Delhi, Nov 18 (ANI): Union Finance Minister Pranab Mukherjee on Wednesday predicted a 14-15 million ton shortfall in paddy production and procurement in 2009-10.Interacting with the media on the sidelines ... Read more...
Posted in National |
Pfizer revises open offer for Indian arm
June 25th, 2009 - 10:03 pm ICT by IANS
Mumbai, June 25 (IANS) Global pharmaceutical major Pfizer Thursday revised its open offer to acquire a further 33.77 percent stake in its Indian subsidiary from Rs.675 per share to Rs.830 per share.
With ... Read more...
Posted in Business |
Dubai’s Damas gets India’s nod for jewellery retail
June 9th, 2009 - 5:36 pm ICT by IANS
New Delhi, June 9 IANS) Dubai-based jewellery and watch trading company Damas has secured approval for a single brand retail joint venture in India with an investment of Rs.1.8 billion ($36 million), ... Read more...
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Satyam board meets, decision under wraps
February 26th, 2009 - 10:38 pm ICT by IANS
Hyderabad, Feb 26 (IANS) The government-appointed directors of Satyam Computers met here Thursday but did not issue a statement on their discussions and decisions, a practice they had followed after their last ... Read more...
Posted in Uncategorized |
Citi cannot sell its Polaris stake to IT rivals
December 18th, 2008 - 12:48 pm ICT by IANS
Chennai, Dec 18 (IANS) Amid rumours that Citigroup wants to sell a part of its 43 percent stake in Polaris Software, the other prime shareholder has pointed out that it cannot sell ... Read more...
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Indian markets watchdog removes curbs on foreign funds
October 6th, 2008 - 7:02 pm ICT by IANS
Mumbai, Oct 6 (IANS) In a bid to bring some cheer to the equities market, India's markets watchdog Securities and Exchange Board of India (SEBI) Monday removed some curbs on foreign funds ... Read more...
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Market watchdog reduces timeline for rights issue
August 13th, 2008 - 9:50 pm ICT by IANS
Mumbai, Aug 13 (IANS) Capital market regulator Securities and Exchange Board of India (SEBI) Wednesday reduced the timeline for rights issue to 43 days from 109 days. Contrary to the market expectations, ... Read more...
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Government approves 28 FDI proposals worth Rs.13.27 billion (Lead)
July 4th, 2008 - 10:38 pm ICT by IANS
New Delhi, July 4 (IANS) The government has approved 28 foreign direct investment (FDI) proposals totalling Rs.13.27 billion including global retail major Marks and Spencer's proposal for 51 percent foreign direct investment ... Read more...
Posted in Business |