The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
Tags: India
India Infoline Finance raises INR900 million through NCD issue
India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).
Dissenting investors to get IPO offer according to SEBI
India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.
Foreign institutional investors pour in USD1.7 billion in Indian equity market
Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.
Stock markets may remain volatile on RBI move
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
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The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
A memorandum of understanding was finalized between Tata Group and Singapore Airlines leading the way to the formation of a new airline to service the Indian market.
Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.
Because of the proliferation of smartphones, Olympus Imaging India is scrapping its low end camera line and the focus would be on its premium brands.
The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
A three day summit was reported to attract a lot of investors into India's renewable energy market.
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
According to a report by The Economic Times, India Infoline would be separating its brokerage business to meet banking regulations.
