Relax investment norms for private equity funds: CII
August 21st, 2011 - 6:30 pm ICT by IANS
New Delhi, Aug 21 (IANS) Investment guidelines for private equity and venture capital funds should be suitably relaxed as such investors aim at improving management and operations of companies and ... Read more...
Posted in Business |
Little impact seen on reforms from ministerial recast
July 12th, 2011 - 9:58 pm ICT by IANS
New Delhi, July 12 (IANS) Amid a perception that economic reforms in India have come to a standstill, the latest recast of his ministerial team by Prime Minister Manmohan ... Read more...
Posted in Business |
Indo-Canadian honcho dons army fatigues (With Image)
May 21st, 2011 - 1:31 pm ICT by IANS
Toronto, May 21 (IANS) In a first for the million-strong community, a top Indo-Canadian honcho has donned military fatigues by joining the Canadian armed forces as an honorary lieutenant colonel.Hari ... Read more...
Posted in World |
Gaddafi used Libya’s vast oil reserves to buy allies in sub-Saharan Africa
March 16th, 2011 - 4:15 pm ICT by ANI
Tripoli, Mar 16(ANI): Libyan dictator Muammar al-Gaddafi tapped his country's vast oil reserves to sprinkle billions of dollars around sub-Saharan Africa to buy allies for his regime.According to the New York Times, ... Read more...
Posted in World |
US-India CEO forum suggest $1 bn clean energy fund
November 8th, 2010 - 6:32 pm ICT by IANS
New Delhi, Nov 8 (IANS) The US-India CEO Forum has recommended the setting up of a $1 billion venture capital fund for clean energy projects focusing on bio-fuels, solar and bio-mass ... Read more...
Posted in Business |
India-Israel joint venture capital fund proposed
November 3rd, 2010 - 10:04 pm ICT by IANS
New Delhi, Nov 3 (IANS) Delegates from Israel and India at a bilateral business meeting here proposed a joint capital fund to enable private firms to take up high-risk projects.The India-Israel forum, ... Read more...
Posted in Business |
Tech companies going eco-friendly with products
October 25th, 2010 - 10:14 pm ICT by IANS
London, Oct 25 (IANS) Technology majors are going eco-friendly, and it is finally changing what they produce.
When Newsweek magazine compiled its annual Green Rankings for 2010, three of the global ... Read more...
Posted in Sci-Tech |
LIC Housing eying banking and other financial services
September 24th, 2010 - 8:40 pm ICT by IANS
Chennai, Sep 24 (IANS) Housing mortgage lender LIC Housing Finance is keen to diversify into various financial services, including banking, a top company official said Friday.
"We have applied for a banking ... Read more...
Posted in Business |
West Bengal proposes joint venture capital fund with centre
July 13th, 2010 - 7:43 pm ICT by IANS
Kolkata, July 13 (IANS) West Bengal Finance Minister Asim Dasgupta Tuesday
proposed a joint venture capital fund with the centre to facilitate small and medium scale industries in the state."My suggestion is, if ... Read more...
Posted in Business |
Rs.3000 crore venture capital fund to drive pharma growth
July 12th, 2010 - 6:59 pm ICT by IANS
New Delhi, July 12 (IANS) The government is planning to set up a Rs.3,000-crore venture capital fund to support the growth of the country's pharma industry.
Ashok Kumar, secretary, pharmaceutical department in the ... Read more...
Posted in Business |
U.S. Presidential Delegation to travel to Bethlehem to attend Palestine Investment Conference
June 1st, 2010 - 10:20 pm ICT by BNO News
WASHINGTON D.C. (BNO NEWS) – A U.S. Presidential Delegation will travel to Bethlehem to attend the Palestine Investment Conference from June 2 to 4, President Barack Obama announced on Tuesday.The Presidential Delegation ... Read more...
Posted in World News |
Venture capital fund to encourage socially relevant films (With Image)
May 30th, 2010 - 1:52 pm ICT by IANS
By Quaid Najmi
Mumbai, May 30 (IANS) Movie makers interested in making films concerning social issues but lacking the necessary funding can now look up to a venture capital fund for ... Read more...
Posted in Business |
Rs.55 crore fund set up to help young scientists
February 8th, 2010 - 6:34 pm ICT by IANS
New Delhi, Feb 8 (IANS) Young researchers struggling to muster funds to establish their startups have reason to smile - the government Monday set up a corpus of Rs.55 crore to ... Read more...
Posted in Business |
‘Indian software industry will hold out against competition’
November 15th, 2009 - 11:56 am ICT by IANS
By James Jose
New Delhi, Nov 15 (IANS) The $60-billion information technology industry in India will continue to attract overseas business, despite competition from other emerging markets that also offer lower costs, says ... Read more...
Posted in Business |
Government plans venture capital fund for prospecting mines
November 14th, 2009 - 10:22 pm ICT by IANS
Kolkata, Nov 14 (IANS) The steel ministry is in talks with a financial institutions to promote a venture capital fund for funding the prospecting of iron ore mining, Steel Secretary Atul Chaturvedi ... Read more...
Posted in Business |
Murthy’s wife sells 2 mn Infosys shares for Rs.4.3 bn (Lead)
November 5th, 2009 - 10:51 pm ICT by IANS
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys' Technologies co-founder N.R. Narayana Murthy, sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ... Read more...
Posted in Business |
Murthy’s wife sells 1.6 mn Infosys shares for Rs.4.3 bn
November 5th, 2009 - 8:50 pm ICT by IANS
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys Technologies co-founder N.R. Narayana Murthy, sold 1.6 million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ... Read more...
Posted in Business |
Murthy sells Infosys shares to fund young entrepreneurs (Lead)
October 22nd, 2009 - 9:47 pm ICT by IANS
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares, valued at Rs.177 crore (Rs.1.77 billion/$37.9 million), from his holding in the company to fund ... Read more...
Posted in Business |
Murthy sells Infosys shares to float venture fund
October 22nd, 2009 - 8:14 pm ICT by IANS
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares from his holding in the IT bellwether to set up a venture capital fund, the ... Read more...
Posted in Business |
India Inc to get many incentives to save energy
August 24th, 2009 - 11:44 pm ICT by IANS
New Delhi, Aug 24 (IANS) The government is setting up a risk guarantee facility and a venture capital fund to improve energy efficiency in India as part of the National Mission ... Read more...
Posted in Environment |
Life Insurance Corp to set up housing venture capital
August 24th, 2009 - 8:44 pm ICT by IANS
Indo-Asian News Service
Chennai, Aug 24 (IANS) Life Insurance Corp of India (LIC) and its associates will hold a majority stake in the real estate venture capital fund to be floated by LIC ... Read more...
Posted in Business |
Venture capital fund, bank mooted for food processing sector
June 12th, 2009 - 7:09 pm ICT by IANS
New Delhi, June 12 (IANS) Agreeing to industry's demand for access to more credit at competitive rates, the government is examining a proposal to set up a venture capital fund or a ... Read more...
Posted in Business |
Foreign investment proposals worth Rs.6.16 bn cleared
March 4th, 2009 - 5:00 pm ICT by IANS
New Delhi, March 4 (IANS) A proposal from global hospitality major Accor to set up budget hotels in India is among the 28 foreign direct investment (FDI) proposals worth Rs.6.16 billion (Rs.616.08 ... Read more...
Posted in Business |
TiE announces launch of SIG to promote entrepreneurship in Clean Technology
September 1st, 2008 - 9:32 pm ICT by ANI
Mumbai, Sep 1 (ANI/Business Wire India ): The Indus Entrepreneurs (TiE) Mumbai today announced the launch of their new Special Interest Group (SIG) focused on building a Clean Technology ecosystem in ... Read more...
Posted in National |
Oman, Indian firm sign joint venture for aluminium plant
June 23rd, 2008 - 5:05 pm ICT by IANS
Dubai, June 23 (IANS) The Oman government has entered into a joint venture agreement with an Indian company to set up an aluminium plant in that Gulf nation. Takamul Investment, a venture ... Read more...
Posted in Business |
Tamil publishing firm nets venture capital
May 7th, 2008 - 5:53 pm ICT by admin
Chennai, May 7 (IANS) A multinational venture capital fund has invested "sizeably" in New Horizon Media (NHM), a closely held corporation having published over 650 books that have sold 250,000 copies, its ... Read more...
Posted in Business |
Saudi Arabia’s investment projects touch 3.2 tn riyals(Gulf Business Capsule)
April 22nd, 2008 - 7:17 pm ICT by admin
Dubai, April 22 (IANS) Investment projects in Saudi Arabia so far are estimated to have touched a total of 3.2 trillion Saudi riyals (SR) ($854.4 billion). Civil sector tops the list with ... Read more...
Posted in Business |
Gujarat venture fund raises Rs.600 mn for small firms
March 29th, 2008 - 2:27 pm ICT by admin
Ahmedabad, March 29 (IANS) Gujarat Venture Fund Limited (GVFL) has raised Rs.600 million for its SME (small and medium enterprises) Technology Venture Fund. "The fund would be used for investing in various ... Read more...
Posted in Business |
Tony Blair asks India to take lead role in defusing climate change crisis
March 21st, 2008 - 11:24 am ICT by admin
New Delhi, Mar 21 (ANI): Former British Prime Minister Tony Blair has urged India to exercise leadership in the global concerns on climate change."I think India got to play a role ... Read more...
Posted in National |
Al Gore meets Manmohan Singh, discusses climate change
March 14th, 2008 - 5:56 pm ICT by admin
New Delhi, Mar 14 (ANI): Former US Vice President and winner of the Nobel Peace Prize Al Gore today met Prime Minister Dr. Manmohan Singh here.
Gore, a campaigner for action to ... Read more...
Posted in National |
Brown backs India’s bid for UNSC seat
January 20th, 2008 - 10:41 pm ICT by admin
New Delhi, Jan 20 : Visiting British Prime Minister Gordon Brown today backed India's bid for permanent membership of the United Nations Security Council.Speaking at the UK-India Entrepreneurship Summit at the IIT, ... Read more...
Posted in National |
