Hardcastle Restaurants looks at raising funds through a qualified institutional placement (QIP) or a follow on public offer (FPO) as it planned to double its store chains in India.
Tags: India
India's FIPB approves 7 FDIs
Seven FDIs were approved by the Indian investment board. Seven Foreign Direct Investments of FDIs were approved by the Foreign Investment Promotion Board of India for ventures in local pharmaceutical firms.
Unilever Increases Stake by 67% in Indian unit
Unilever announced increased in stake holdings for Hindustan Unilever, the company’s Indian unit, for Eur2.45 billion.
No 75% Control of Hindustan Unilever, Investors Rather Hold On to Stocks
Unilever was unable to raise its holding in Hindustan Unilever Ltd (HUVR) to its goal of 75%. (Photo : reuters. com)Unilever seeks to gain 75% control of Unilever Hindustan Unilever's public offer of INR600 a share to gain higher control over Unilever Hindustan was met with lukewarm response.
Billionaire Jhunjhunwala buys exit stake
Indian billionaire Jhunjhunwala bought a stake at Firstsource Solutions. (Photo : Reuters)This is billionaire Jhunjhunwala. Indian billionaire Rakesh Jhunjhunwala acquired a 3.
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The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.
Bangladesh is expecting more foreign investments especially from India. (Photo : Reuters)These are Bangladeshi workers. The country of Bangladesh expects a rush of investments coming from neighboring India.
India recently announced that it will raise the price of natural gas. (Photo : Reuters)The image is one of the largest coal mines in the world, operated by Coal India Ltd.
Last Wednesday, Religare announced the investment of US based bank, Customers Bancorp Inc valued at US$51 billion.
India's ICICI said that it is picking exporter stocks amidst foreign fund exits. (Photo : Reuters)Securities and Exchange Board of India chief U. K.
Nereus Capital Management would be receiving US$100 million for its clean energy fund for India. (Photo : Reuters)The image is the logo of the United States Agency for International Development.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Foreign banks recently invested in many local companies pushing the country's merger and acquisitions march forward.
Cochin Shipyard considered IPO to fund its expansion that is valued roughly at RS1500 crore. (Photo : Reuters)The image shows a ship dry docking at a port.
