India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
Tags: India
Punjab looking for consultant
The Indian state of Punjab announced its open post for consultants. In accordance to a recent announcement by the Punjab government regarding industrial policy, new measures were being formalized to create land bank for the industry.
Firm ownership rules set by RBI
The Reserve Bank of India announced new guidelines regarding the 'ownership' and 'control' of FDIs in the country.
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.
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Kalaari Capital invested on Indian game developer Robosoft. (Photo : Reuters)This Indian lady is holding a smartphone. Robosoft, a mobile application and games developer from India, received backing from Kalaari Capital which was formerly known as IndoUS Venture Partners.
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.
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.
