investment fund

Germany to get first Islamic bank in October


August 30th, 2012 - 7:54 am ICT by IANS
Berlin, Aug 30 (IANS/RIA Novosti) Turkey's Kuveyt Turk investment fund plans to open the first Islamic bank in Germany in October, the Financial Times Deutschland reported.Kuveyt Turk plans to open ... Read more...

Posted in Business |

Santos rejects Sao Paulo bid for Ganso


August 22nd, 2012 - 3:19 pm ICT by IANS
Rio de Janeiro, Aug 22 (IANS) Santos confirmed it had rejected a five-million-dollar offer from Sao Paulo for Brazil international midfielder Paulo Henrique Ganso.Santos said in a statement on its ... Read more...

Posted in Sports |

Brazilian restaurant to open branches in Mexico, Colombia


July 31st, 2012 - 12:39 pm ICT by IANS
Rio de Janeiro, July 31 (IANS/EFE) Rubaiyat, which operates three steakhouses in Brazil and one in Spain, plans to open restaurants next year in Mexico City and Bogota after selling ... Read more...

Posted in Business |

China to inject $157 mn in film, media projects


July 10th, 2012 - 12:04 am ICT by IANS
Beijing, July 9 (IANS) China plans to inject more than 1 billion yuan (about $157 million) in film and media enterprises over the next six months, it was reported Monday.The ... Read more...

Posted in Entertainment |

GE invests $300 mn in Brazilian firm


May 25th, 2012 - 11:35 am ICT by IANS
Rio de Janeiro, May 25 (IANS/EFE) Brazilian mogul Eike Batista's Grupo EBX has announced a "strategic accord" with General Electric Co.It involves GE paying $300 million for a 0.8 percent ... Read more...

Posted in Business |

BRICS to explore setting up development bank


March 7th, 2012 - 3:50 pm ICT by IANS
New Delhi, March 7 (IANS) The BRICS summit of Brazil, Russia, India, China and South Africa March 29 will explore a slew of new ideas, including a development bank and ... Read more...

Posted in Uncategorized |

Brazil privatises three airports


February 7th, 2012 - 11:44 am ICT by IANS
Sao Paulo, Feb 7 (IANS/EFE) Brazilian-led consortiums obtained concessions to operate the country's busiest airport and two smaller terminals, the National Civil Aviation Agency said after Monday's auction at the ... Read more...

Posted in Business |

India seeks Saudi investment in infrastructure


January 5th, 2012 - 9:21 pm ICT by IANS
New Delhi, Jan 5 (IANS) Saudi Arabia was Thursday urged to invest in India's infrastructure sector and further boost economic engagements between the two countries."We look forward to Saudi ... Read more...

Posted in Business |

Eurozone ministers agree to expand rescue fund


November 30th, 2011 - 2:05 pm ICT by IANS
Brussels, Nov 30 (IANS) Eurozone finance ministers agreed Tuesday to expand a rescue fund and to turn to the International Monetary Fund (IMF) for help to contain the spreading debt ... Read more...

Posted in Uncategorized |

Russia makes list of ‘undesirable’ US officials


October 23rd, 2011 - 8:35 am ICT by IANS
Moscow, Oct 23 (IANS/RIA Novosti) Russia has completed a list of "undesirable" American individuals who will be refused entry into the country in response to a similar list by the ... Read more...

Posted in Politics |

Iran to open bank in Pakistan


September 9th, 2011 - 6:15 am ICT by IANS
Islamabad, Sep 9 (IANS) Iran will open a bank in Pakistan to facilitate bilateral business activities, Xinhua reported.This was announced in a meeting between Iranian Foreign Minister Akbar Salehi ... Read more...

Posted in Business |

Rajaratnam’s lawyers rest case, prosecutors end with new wiretap


April 19th, 2011 - 11:16 am ICT by IANS
New York, April 19 (IANS) As hedge fund tycoon Raj Rajaratnam's lawyers rested their case with a finance professor's testimony that he did not trade on inside information, prosecutors played ... Read more...

Posted in World |

Soviet era space capsule sold for nearly 3 m dollars in New York


April 13th, 2011 - 8:21 am ICT by ANI
New York, Apr. 13 (ANI): A Russian businessman has bought a 1960s Soviet space capsule for nearly three million dollars at auction in New York.The spherical Vostok 3KA-2 Space Capsule went under ... Read more...

Posted in World |

Prince Andrew engulfed in new ‘cash-for-favours’ row


March 13th, 2011 - 1:48 pm ICT by ANI
London, Mar 13 (ANI): It looks like fresh trouble is brewing for Prince Andrew - he has been engulfed in a new 'cash-for-favours' row.It has emerged that the Duke of York used ... Read more...

Posted in World |

‘My clients were greedy, I am a good person’: says Ponzi schemer Bernie Madoff


February 28th, 2011 - 6:29 pm ICT by ANI
Washington, Feb.28 (ANI): Ponzi schemer Bernie Madoff, who ruined many people, has claimed that the people he scammed were greedy and thinks that he is the one people should feel sorry for.He ... Read more...

Posted in World |

Infamous ‘Butyrka’ Prison In Russia To Install Sunbeds For Enhancement Of Its Inmates’ Robustness


November 10th, 2010 - 9:11 pm ICT by Pen Men At Work
November 10, 2010 (Pen Men at Work): The ‘Butyrka’ detention center located in the central area of Moscow is regarded as one of the most infamous prisons in Russian history. Prominent ... Read more...

Posted in World News |

India, Oman agree to have 100 million dollar joint investment fund


October 21st, 2010 - 1:00 pm ICT by ANI
New Delhi, Oct 21 (ANI): India and Oman have agreed to use a joint investment fund of 100 million dollars to step up two-way investment.After talks with visiting Omanese Foreign Minister Yousuf ... Read more...

Posted in National |

Bilateral fund should invest in Indian infrastructure projects: Oman


October 20th, 2010 - 11:39 pm ICT by IANS
New Delhi, Oct 20 (IANS) Oman wants the bilateral joint investment fund to develop infrastructure projects in India, Omani Foreign Minister Yousuf bin Alawi bin Abdullah said here Wednesday."This (fund) is ... Read more...

Posted in Uncategorized |

India, Oman to boost economic, energy ties


October 19th, 2010 - 8:23 pm ICT by IANS
New Delhi, Oct 19 (IANS) India and Oman, the Gulf country which is home to over half a million expatriate Indians, will Wednesday discuss ways to scale up economic and energy ... Read more...

Posted in Business |

Pact inked on developing Palestine’s infrastructure


October 14th, 2010 - 12:05 am ICT by IANS
Abu Dhabi, Oct 13 (IANS/WAM) The UAE charity Red Crescent Authority (RCA) and the Palestine Investment Fund (PIF), a publicly owned investment fund, have signed an agreement to develop infrastructure in the ... Read more...

Posted in Business |

Fortis scrip up 1.4 percent on Hong Kong acquisition


October 11th, 2010 - 5:17 pm ICT by IANS
Mumbai, Oct 11 (IANS) The scrips of Fortis healthcare rose as much as 3.41 percent in intra-day trade Monday after the company's promoters announced the acquisition of Hong Kong-based Quality Healthcare Asia ... Read more...

Posted in Business |

Indian father, son face lawsuit in US over hedge funds


August 24th, 2010 - 12:37 pm ICT by IANS
Washington, Aug 24 (IANS) An Indian father and son who ran two small hedge funds catering to Silicon Valley Indian professionals are facing a lawsuit by angry investors alleging the two hid ... Read more...

Posted in Business |

Accor, Interglobe launch investment fund in India


July 21st, 2010 - 9:38 pm ICT by IANS
New Delhi, July 21 (IANS) Europe's largest hotelier Accor and its local partner travel corporation Interglobe Wednesday announced the setting up of an investment fund to further expand their business in ... Read more...

Posted in Business |

India offers large promising market: Oman


July 15th, 2010 - 7:44 pm ICT by IANS
New Delhi, July 15 (IANS) India is a promising market for Oman and the joint investment fund being set up will boost investment in both the countries, the Sultanate's Economy Minister ... Read more...

Posted in Business |

India and Oman set up joint investment fund


July 14th, 2010 - 5:53 pm ICT by IANS
New Delhi, July 14 (IANS) State Bank of India Wednesday signed a joint venture agreement with State General Reserve Fund of Oman to to set up a $100m fund to boost ... Read more...

Posted in Business |

Actors to text-perform ‘Romeo and Juliet’ on Twitter


April 12th, 2010 - 3:33 pm ICT by ANI
London, Apr 12 (ANI): Six actors from the Royal Shakespeare Company will present 'Romeo and Juliet' in real time via the micro-blogging site Twitter.Starting this morning for the next five weeks, ... Read more...

Posted in Entertainment |

PM arrives in Saudi Arabia on historic visit


February 27th, 2010 - 9:06 pm ICT by IANS
Riyadh, Feb 27 (IANS) Manmohan Singh arrived here Saturday on a historic three-day trip to Saudi Arabia, becoming the first Indian prime minister to visit the Gulf country in 28 years. A ... Read more...

Posted in Business |

PM’s visit will boost Saudi-India trade, investment


February 25th, 2010 - 2:33 pm ICT by IANS
By Aroonim Bhuyan New Delhi, Feb 25 (IANS) Bilateral trade and investment between India and Saudi Arabia are set to see a quantum jump with the visit of Prime Minister Manmohan Singh ... Read more...

Posted in Business |

$100 mn Oman India investment fund to be launched soon


January 25th, 2010 - 6:37 pm ICT by IANS
By Venkatachari Jagannathan Chennai Jan 25 (IANS) A $100 million Oman India fund that will invest in various sectors in both countries is expected to be launched shortly. Oman is looking forward ... Read more...

Posted in Business |

Divestment money to be used for capital expenditure (Lead)


December 21st, 2009 - 11:35 pm ICT by IANS
Kolkata, Dec 21 (IANS) The central government will use the proceeds from divestment of public sector undertakings in capital investment for the next three years, an official said Monday. The policy change was ... Read more...

Posted in Business |

Divestment money to be used for capital expenditure


December 21st, 2009 - 11:04 pm ICT by IANS
Kolkata, Dec 21 (IANS) The central government Monday said it will use the proceeds from divestment of public sector undertakings in capital investment for the next three years, am official ... Read more...

Posted in Business |

Government begins process for road map on divestment


November 13th, 2009 - 5:11 pm ICT by IANS
New Delhi, Nov 13 (IANS) The government has asked all ministries to compile a list of state-run firms for sale of stake and listing on stock exchanges, even as it expects ... Read more...

Posted in Business |

CPSEs should need mandatory listing of 10 per cent public ownership: Govt.


November 5th, 2009 - 6:23 pm ICT by ANI
New Delhi, Nov 5(ANI): The Government on Thursday decided that all profitable listed Central Public Sector Enterprises (CPSEs) should meet the mandatory listing of 10 percent public ownership.It has also been ... Read more...

Posted in National |

Public issue, listing must for all profitable state-run firms


November 5th, 2009 - 4:01 pm ICT by IANS
New Delhi, Nov 5 (IANS) In a major push to the economic liberalisation process, India has decided to ensure at least 10 percent public holding in all profitable state-run firms that ... Read more...

Posted in Business |

Spain’s recovery to start by early 2010, says PM


November 4th, 2009 - 12:11 pm ICT by IANS
Madrid, Nov 4 (EFE) Prime Minister Jose Luis Rodriguez Zapatero has said that Spain's economy would begin emerging from recession "at the end of this year or the beginning of 2010", though ... Read more...

Posted in Business |

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