Tags: India

UBS AG to Leave Banking Business in India

On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.


PepsiCo India's president exits company

PepsiCo India left the company today to pursue other endeavors. (Photo : Reuters)This is an image of a Pepsi product. PepsiCo Inc. 's Indian operations president Manu Anand quit his position today after serving the globally iconic snack food producer for 19 years.

MMTC Stake Sale Kicks Off Government Divestment

MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.

India Set To Suffer as US Rates Rise

India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.


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Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO. (Photo : Reuters)The image is the corporate logo of Intas Pharmaceuticals.
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.
Just Dial, a local search service provider, sells off US$170 million for 17.5 million shares. Just Dial, the Indian local search service firm had offered shares in the public bourse at a volume of US$170 million, The IPO was subscribed 11.
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
Goldman Sachs invests US$20 million in BPL Medical Technologies, its second investment in as many weeks.
Due to issues on informal settlers, trees and others, the construction of the Posco steel plant has been suspended.
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