According to India's Finance Minister, Palaniappan Chidambaram, the hunt for a new central bank governor is on after the bank's current head declined term extension.
Tags: India
Dying rupee scares off global investors
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Institutional investors panick after MCX shares slide
Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.
Yes Bank on the lookout for US$250 million refinancing
Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.
India eases foreign investment rules for retail sector
India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
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Sunil Lalvani, BlackBerry India's managing director said that the company was not in any kind of trouble.
Sources said that Janalakshmi Financial Services is close to its equity fund raising target of INR300 crore.
EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
Samara Capital announced that it is sealing the first round of financing for its second fund at US$150 million
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
