overseas investors

Karnataka lags behind in attracting FDI: Assocham


August 28th, 2012 - 9:26 pm ICT by IANS
Bangalore, Aug 28 (IANS) Karnataka lagged behind Odisha, Andhra Pradesh, Gujarat and Chhattisgarh in attracting foreign direct investment (FDI) during fiscal 2011-12, accounting for mere eight percent of the total ... Read more...

Posted in Business |

Sensex loses 367 points; IT, bank, auto stocks hit (Roundup)


May 8th, 2012 - 7:11 pm ICT by IANS
Mumbai, May 8 (IANS) A benchmark index for Indian equities markets plunged 367 points in late sell-off Tuesday amid weak global cues. Information technology, capital goods and auto stocks ... Read more...

Posted in Business |

Sensex down 127 points, IT stocks hit (Lead)


May 8th, 2012 - 3:28 pm ICT by IANS
Mumbai, May 8 (IANS) A benchmark index for Indian equities markets was trading 0.76 percent or 127.80 points down around 1 p.m. Tuesday, led by selling pressure in information ... Read more...

Posted in Business |

India defers GAAR by a year (Lead)


May 7th, 2012 - 8:18 pm ICT by IANS
New Delhi, May 7 (IANS) India Monday deferred impementation of the controversial General Anti-Avoidance Rules (GAAR) by a year and announced that the burden of proving tax evasion will ... Read more...

Posted in World |

Sensex rebounds after government defers GAAR (Roundup)


May 7th, 2012 - 6:58 pm ICT by IANS
Mumbai, May 7 (IANS) A benchmark index for Indian equities markets Monday clawed back into green after Finance Minister Pranab Mukherjee deferred the general anti-avoidance rules (GAAR) by a ... Read more...

Posted in Business |

Tax law change ’scaring’ overseas investors: Karan Bilimoria (Interview)


April 15th, 2012 - 4:46 pm ICT by IANS
New Delhi, April 15 (IANS) The Indian government's move to amend a law retrospectively to tax global merger and acquisition transactions involving Indian assets is "scaring" foreign investors and ... Read more...

Posted in Business |

Sensex closes 345 points up on tax clarification


March 30th, 2012 - 6:17 pm ICT by IANS
Mumbai, March 30 (IANS) Indian equities markets shot up on the last trading day of the fiscal with a benchmark index closing 345 points higher Friday after Finance Minister ... Read more...

Posted in Business |

P-notes holders will not be taxed: Mukherjee


March 30th, 2012 - 3:53 pm ICT by IANS
New Delhi, March 30 (IANS) Trying to soothe the nerves of overseas investors, Finance Minister Pranab Mukherjee Friday said holders of Participatory Notes (P-notes) derivatives through which foreign nationals ... Read more...

Posted in Business |

Sri Lanka to hold export meet


March 8th, 2012 - 10:12 pm ICT by IANS
Colombo, March 8 (IANS) Sri Lanka will hold an export exhibition this month to attract foreign investors, Xinhua reported Thursday.The expo themed "Partnering with the Hub of Asia" will be ... Read more...

Posted in Business |

Karnataka hopes to attract $120 bn in investments


March 1st, 2012 - 5:45 pm ICT by IANS
New Delhi, March 1 (IANS) Despite political turmoil, Karnataka is hopeful of attracting investment of up to $120 billion in sectors like power, auto, IT and aerospace during the second ... Read more...

Posted in Business |

Bullish foreign investors pump in over $5.5 bn into Indian markets


February 26th, 2012 - 5:05 pm ICT by IANS
Mumbai, Feb 26 (IANS) Overseas investors are continuing to invest in Indian equities markets at a brisk pace with inflows already topping $5.5 billion in under two months of ... Read more...

Posted in Business |

Sensex at seven-month high, closes 139 points higher (Roundup)


February 21st, 2012 - 8:24 pm ICT by IANS
Mumbai, Feb 21 (IANS) A benchmark index at Indian equities markets Tuesday closed 139 points higher, touching a seven-month high, as lingering interest from overseas investors continued to fuel ... Read more...

Posted in Business |

Sensex zooms 123 points up, FII interest intact (Roundup)


February 9th, 2012 - 6:52 pm ICT by IANS
Mumbai, Feb 9 (IANS) A late rally helped a benchmark index of Indian equities markets close 123 points up Thursday, with metals and realty stocks gaining the most. Support ... Read more...

Posted in Uncategorized |

Sensex continues 5-week rally, closes 102 points higher (Roundup)


February 6th, 2012 - 6:37 pm ICT by IANS
Mumbai, Feb 6 (IANS) A benchmark index for Indian equities markets Monday gave up some of its intra-day gains but closed 102 points higher even as foreign institutional ... Read more...

Posted in Business |

Surge in foreign fund flow into infrastructure


February 5th, 2012 - 6:07 pm ICT by IANS
New Delhi, Feb 5 (IANS) Overseas investors are increasingly pumping money into India's infrastructure sector, especially in the power, oil and gas, telecom and iron and steel segments, due to ... Read more...

Posted in Business |

India’s forex reserves rise by $673.4 mn


February 5th, 2012 - 3:40 pm ICT by IANS
Mumbai, Feb 5 (IANS) India's foreign exchange reserves increased by $673.4 million to $293.93 billion for the week ended Jan 27, Reserve Bank of India data showed.The forex reserves ... Read more...

Posted in Business |

Rupee climbs to 3-month high of 48.68 against dollar


February 3rd, 2012 - 7:45 pm ICT by IANS
Mumbai, Feb 3 (IANS) The Indian rupee climbed to a three-month high of 48.68 against the dollar on the back of continued inflows of funds by overseas investors into ... Read more...

Posted in Business |

Sensex soars past 17,600 points; registers 5th weekly gain (Roundup)


February 3rd, 2012 - 6:27 pm ICT by IANS
Mumbai, Feb 3 (IANS) Main indices of Indian equities markets rallied for the fifth straight week, with benchmark Sensex rising above 17,600 points on the back of continued buying ... Read more...

Posted in Business |

Overseas investors bullish, pump in over $1.78 bn


January 29th, 2012 - 4:00 pm ICT by IANS
Mumbai, Jan 29 (IANS) Foreign institutional investors (FIIs) have been bullish over Indian equities markets since 2012 opened as declining inflation and a clear signal from the Reserve Bank ... Read more...

Posted in Business |

Sensex rises for fourth straight week; up 495 points (Weekly market review)


January 28th, 2012 - 4:10 pm ICT by IANS
Mumbai, Jan 28 (IANS) A benchmark index for Indian equities markets rallied nearly three percent in this week's trade, closing in the positive for the fourth straight week on ... Read more...

Posted in Business |

Rupee to stay volatile on uncertain economic outlook


December 18th, 2011 - 5:35 pm ICT by IANS
New Delhi, Dec 18 (IANS) The Indian rupee, that has weakened almost 16 percent against the US dollar since the beginning of the year, is likely to remain volatile ... Read more...

Posted in Business |

Automatic approval to FDI in greenfield pharma projects to continue: RBI


December 12th, 2011 - 6:49 pm ICT by IANS
New Delhi, Dec 12 (IANS) The Reserve Bank of India (RBI) will continue to allow overseas capital up to 100 percent in greenfield pharmaceutical projects through the automatic route, but ... Read more...

Posted in Uncategorized |

Reversal in retail policy will be major setback: Stakeholders


December 3rd, 2011 - 8:23 pm ICT by IANS
New Delhi, Dec 3 (IANS) In the backdrop of West Bengal Chief Minister Mamata Banerjee's disclosure Saturday that the federal government has put on hold, pending consensus, the decision ... Read more...

Posted in Business |

Karnataka farmers to protest against agri-summit


December 1st, 2011 - 12:52 am ICT by IANS
Bangalore, Nov 30 (IANS) Even as the Karnataka government braces to hold the global agri-business and food process summit in this tech hub Thursday, leading farmers' organisations in the state ... Read more...

Posted in Business |

Karnataka holding agri-biz summit to woo investments


November 25th, 2011 - 9:52 pm ICT by IANS
Bangalore, Nov 25 (IANS) The Karnataka government is holding a two-day global agri-business and food processing summit here Dec 1-2 to attract huge investment in the farm sector."As agriculture and ... Read more...

Posted in Business |

Foreign investment in pharma to face competition check


October 11th, 2011 - 3:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India will continue to allow 100 percent foreign direct investment in the pharmaceutical sector but the competition watchdog will keep a check on the ... 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 |

No impact of political controversies on investment: Mukherjee


July 26th, 2011 - 12:26 pm ICT by IANS
London, July 26 (IANS) On the day former telecom minister A. Raja sought to drag Prime Minister Manmohan Singh into the second generation (2G) spectrum case, Finance Minister Pranab ... Read more...

Posted in Politics |

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 |

China holds 1.6 trillion dollars of US debt: Treasury Department


March 2nd, 2011 - 6:37 pm ICT by ANI
Beijing, Mar.2 (ANI): China, the largest creditor of the United States, holds 1.6 trillion dollars of US debt, according to Treasury Department data.According to the Treasury Department, China's total investments was ... Read more...

Posted in World |

China’s new millionaires buying up Britain


January 17th, 2011 - 6:45 pm ICT by ANI
London, Jan 17 (ANI): China's billionaires and millionaires are buying up not only fine wines, paintings and jewelleries, but also properties in Britain.A recent London Property Review released by estate agent Knight ... Read more...

Posted in World |

Ireland and EU agree to multi-billion aid package


November 22nd, 2010 - 8:59 pm ICT by BNO News
DUBLIN, IRELAND (BNO NEWS) -- Ireland could be receiving between €80 billion and €90 billion ($110 to $123 billion) as European Finance ministers have agreed to release a multi-billion euro assistance package ... Read more...

Posted in Business |

Bangladesh FDI drops 36 percent


July 23rd, 2010 - 3:54 pm ICT by IANS
Dhaka, July 23 (IANS) Foreign direct investment (FDI) in Bangladesh plunged by 36 percent in 2009 and may see no dramatic improvement, the UN Conference on Trade and Development (UNCTAD) has ... Read more...

Posted in Business |

Karnataka gets 400 projects worth Rs.4 trillion (Lead)


June 4th, 2010 - 8:22 pm ICT by IANS
Bangalore, June 4 (IANS) The southern Indian state of Karnataka has bagged about 400 projects worth Rs.4 trillion ($85 billion) at the two-day Global Investors Meet (GIM 2010) in this tech hub. "We ... Read more...

Posted in Business |

Sensex trims losses, ends 74 points down (Roundup)


May 21st, 2010 - 7:36 pm ICT by IANS
Mumbai, May 21 (IANS) A benchmark index for Indian equities recouped some of the intra-day losses as buying interest returned on good showing by cigarettes-to-hotels conglomerate ITC and ended 74 points ... Read more...

Posted in Business |

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