Investing

  • Government notifies FDI liberalisation in Railways 2 days ago

    New Delhi: The government on Wednesday notified the liberalised Foreign Direct Investment norms for the Railways, permitting 100 per cent FDI through automatic route in several areas, including high speed trains. Other segments of the Railways in which FDI will be allowed include suburban corridor projects through Public Private Partnership (PPP),...
  • British government planning on an enormous investment in India, says UK Deputy PM Nick Clegg 2 days ago

    New Delhi: British Deputy Prime Minister Nick Clegg has hinted that the UK government is planning on making an enormous investment in India, especially in the areas of infrastructure and defence. In an exclusive interview to Network18, Clegg, who is in India for a 3-day trade mission, has also...
  • PACL to move Tribunal against Sebi order 1 week ago

    New Delhi: Facing a Sebi order with charges of running an illicit money pooling scheme worth about Rs 50,000 crore, PACL Ltd on Friday said it will approach the Securities Appellate Tribunal against the directive of the capital markets regulator. "Sebi has unfortunately failed to recognize the submissions of the company...
  • Sebi cracks down on Rs 50,000 crore money-pooling scheme 1 week ago

    New Delhi: In its biggest-ever crackdown on a large-scale illicit money pooling scheme estimated at nearly Rs 50,000 crore, regulator Sebi on Friday ordered immediate closure of unauthorised collective investment schemes run by PACL Ltd and refund of investors' money within three months. Besides, the capital markets regulator also said it...
  • The Appointment: Donald Trump discusses his investment plans in India August 17, 2014

    In an exclusive interview to CNBC-TV 18, American business magnate Donald Trump discusses his investment plans in India, of investing in Mumbai and his take on Barack Obama. ...
  • Aircel-Maxis case: CBI planning to question Finance Ministry officials August 17, 2014

    New Delhi: CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to Aircel-Maxis deal even as it plans to file the first charge sheet in the matter this week. Making it clear that no suspects have been identified...
  • Tata Steel sees pickup in European steel demand August 14, 2014

    Mumbai: Tata Steel Ltd looked to reviving European demand and infrastructure investment by the Indian government to boost sales in coming quarters after posting higher sales but a drop in net profit for April-June on Wednesday. Net sales rose 11 percent to 361.43 billion rupees in the quarter to end-June, helped...
  • Want to invest in India through hospitality sector: Donald Trump August 13, 2014

    American real estate tycoon Donald Trump wants to invest more in India through the hospitality sector and said that he will enter the Indian hospitality sector at some point. The business magnate also opened up about his flamboyant lifestyle in an interview to CNBC-TV18. ...
  • Arun Jaitley asks SEBI to guard against market violations August 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Sunday asked market regulator Securities and Exchange Board of India (Sebi) to be vigilant against possible market violations, while focusing more on attracting retail investors and addressing their grievances. "The minister advised Sebi to remain vigilant about probable violations in the market, focus more...
  • RBI revises guidelines on mortgage guarantee companies August 8, 2014

    Mumbai: The Reserve Bank on Friday revised guidelines for mortgage guarantee companies and said that guarantees provided by them may be treated as contingent liabilities, for which credit conversion factor would be 50 per cent. "While calculating capital adequacy of MGCs, mortgage guarantees provided may be treated as contingent liabilities and...
  • FDI, UPSC CSAT rock Parliament, TMC, BSP demand discussion August 7, 2014

    New Delhi: Parliament was on Thursday rocked by the UPSC CSAT and FDI issues with the Bahujan Samaj Party and the Trinamool Congress demanding discussion on both the issues. While the UPSC CSAT issue still remains without a solution, the TMC raised objections to the government increase FDI in defence...
  • Andhra Pradesh to offer investment subsidy to set up infotech projects August 1, 2014

    Hyderabad: The Andhra Pradesh government announced its new information technology policy on Friday, offering an investment subsidy of 10 per cent (of capital expenditure) for mega projects which employ 5,000 people or more. Entrepreneurs who are women, scheduled castes or scheduled tribe setting up infotech units would get 25 per cent...
  • John Kerry to deliver major foreign policy speech on India July 27, 2014

    Washington:Laying out a roadmap of long-term strategic partnership between the largest and oldest democratic countries, US Secretary of States John Kerry will deliver a major foreign policy speech on India. Kerry, will underscore the shared prosperity, democratic values, and security that a strong US-India partnership brings to Asia and to the...
  • FII inflows hit $5 billion in July; cross $25 billion so for this year July 27, 2014

    New Delhi: Betting big on the government's reforms agenda, overseas investors have poured in more than USD 5 billion in the Indian market so far this month taking the total inflow to over USD 25 billion since January. Net investments by foreign investors in the equity market were USD 2.2 billion...
  • MP wants to be India's economic heart, Shivraj Singh calls for investment July 26, 2014

    With a view to make Madhya Pradesh heart of economic activity in India, Chief Minister Shivraj Singh Chouhan has called on industry leaders to invest in the State and assured them of providing investor-friendly environment. Chouhan met top corporate executives at an event in Madhya Pradesh on Friday night and told...
  • Cabinet clears 49% FDI in insurance with Indian control July 24, 2014

    New Delhi: The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters. "The Cabinet Committee on Economic Affairs has approved raising of FDI cap in insurance sector to 49 per cent from 26 per cent,"...
  • Volkswagen plans $250 million investment in India July 15, 2014

    New Delhi: German car maker Volkswagen AG(VOWG_p.DE) plans to spend 15 billion rupees ($250 million) in India over the next five to six years, a senior company executive told reporters on Tuesday. Mahesh Kodumudi, president and managing director of Volkswagen India Pvt. Ltd., also said the company could increase its India...
  • India to push private investment in railway network July 8, 2014

    New Delhi: The bulk of India's future railway projects will be financed through public-private partnerships, the country's railways minister said on Tuesday, in a bid to modernise the vast but underfunded network. In his maiden budget, Sadananda Gowda said his ministry would also seek cabinet approval for allowing foreign direct investment...
  • Hyderabad will need of two more airports in future: KCR July 7, 2014

    Hyderabad: Hyderabad will require at least two more airports in the near future as the city's population is expected to touch three crore with the development of the Information Technology Investment Region, according to Telangana Chief Minister K Chandrasekhar Rao. "Hyderabad's population in 2014 is 94 lakh. We are soon to...
  • Investment banks jockey for $100 million Samsung restructuring bonanza July 4, 2014

    Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea's top fee-payer, as it prepares to hand the baton to the next generation in a restructuring that could land more than $100 million in advisory fees alone. Foreign and Korean investment banks are...
  • India need Rs 30000 crore investment per annum for Biotech department' June 11, 2014

    New Delhi: To provide affordable health care with innovative medicines and to attain global leadership in R&D, India needs an investment of Rs 30,000 crore annually in the next five years so that the Biotech Industry can grow to USD 100 billion by 2025, industry experts recommended. "Biotechnology and life sciences...
  • Shivraj meets Gauteng province Premier in South Africa, seeks investment for MP June 11, 2014

    Madhya Pradesh Chief Minister Shivraj Singh Chouhan met South Africa's Gauteng province Premier (Chief Minister) Maemolla David Makhura and his council of ministers and discussed investment in the state, during his third-day of visit to the African nation. Chouhan and the Gauteng Premier held detailed discussions on Tuesday on processing and...
  • India likely to announce foreign investment in e-commerce next month: Sources June 4, 2014

    New Delhi: Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, four people with knowledge of the matter told Reuters. A more robust online retail sector will...
  • Sahara chief to remain in jail as SC lifts freeze on assets June 4, 2014

    Sahara group chief Subrata Roy will remain in jail even as the Supreme Court on Wednesday lifted the freeze on the group's moveable and immovable assets so it could raise Rs.10,000 crore for part repayment to investors. The apex court March 26, 2014 had said Sahara Group will deposit Rs.10,000 crore...
  • India likely to announce FDI in e-commerce next month June 4, 2014

    Mumbai: Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, four people with knowledge of the matter said. A more robust online retail sector will spur manufacturing...
  • Modi government considering clearing FDI in Railways, Infrastructure June 14, 2014

    New Delhi: Facing a grim economic situation, Prime Minister Narendra Modi's government is on an overdrive. Shortly after deciding to allow 100 per cent Foreign Direct Investment (FDI) in the defence sector, government sources on Thursday said that FDI policy was likely to be cleared in the Railways, infrastructure and...
  • Blow for Sahara, request for house arrest of Subrata Roy rejected May 29, 2014

    New Delhi: There is no relief for Sahara group chief Subrata Roy. The Supreme Court on Thursday rejected the idea of putting Roy under house arrest for the time being. The apex court has directed the Sahara group to get valuation of three properties which have been mortgaged with the...
  • Cabinet clears KKR investments in two pharma companies May 13, 2014

    The government on cleared private equity major KKR's proposal to acquire stakes in two pharmaceutical companies in deals worth over Rs 1,400 crore, including 38 per cent stake buy in Gland Pharma. The two deals are estimated to be worth Rs 1,434 crore, sources said. In the first proposal, the Cabinet...
  • Jobs, investment should top agenda of new government: Vedanta chief May 13, 2014

    New Delhi: Employment generation and revival of manufacturing and investment besides poverty eradication should top the agenda of the new government, Vedanta Resources Chairman Anil Agarwal said on Tuesday. "As industry awaits new government, reviving manufacturing & investments, generating employment and eradication of poverty to be top agenda," he tweeted. Exit...
  • How can I create an effective portfolio through mutual funds? April 25, 2014

    Lot of people believe that investing in a fixed deposit does not carry any risk. If fixed deposit is offering you 8 per cent p.a. rate of return and inflation is 9 per cent p.a., you destroy your wealth by 1 per cent. In a fixed deposit, the capital is...