Business  /  Published 26.11.20

Rs 6,000cr equity for core fund

The cabinet has approved a government equity investment of Rs 6,000 crore in NIIF Debt Platform sponsored by the National Investment and Infrastructure Fund. The sum will be invested over two financia...
By Our Special Correspondent in New Delhi

Business  /  Published 18.11.20

Embassy REIT to acquire ETV

In the largest single property commercial deal in the country, Embassy REIT on Tuesday said it has agreed to acquire business park Embassy TechVillage (ETV) in Bangalore for Rs 9,782.4 crore. Embassy...
By Our Special Correspondent in New Delhi

India  /  Published 17.11.20

RSS-Cong plot cry in Kerala

Kerala finance minister Thomas Isaac on Monday accused the Congress of aligning with an RSS plot to sabotage key infrastructure development in the state. The finance minister attacked state Congress ...
By Our Special Correspondent in Bangalore

Business  /  Published 14.11.20

Payout nudge to PSUs

The cash-strapped Modi government has sent out an advisory to public sector units asking them to pay higher dividends and on a quarterly basis. The move is seen as an attempt to shore up its finances....
By Our Special Correspondent in New Delhi

Calcutta  /  Published 13.11.20

Retail: something better than nothing

When other sectors were crippled because of the pandemic, consumer durables did marginally better, retailers said. They attributed this to more people spending more time at home. “Android TV se...
By Debraj Mitra in Calcutta

Business  /  Published 06.11.20

Saudi fund buys into RIL

Saudi Arabia’s Public Investment Fund (PIF) is investing Rs 9,555 crore ($1.3 billion) for 2.04 per cent in Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries (RIL). With th...
By Our Special Correspondent in Mumbai

Business  /  Published 28.10.20

MSCI index recast to boost FDI inflows

Morgan Stanley Capital Investment (MSCI) has announced that it will implement the new changes on foreign ownership limits in its global indices, which could pave the way for more inflows into some sto...
By Our Special Correspondent in Mumbai

Business  /  Published 26.10.20

Life Insurance Corp float date gets delayed

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government will first look at the independent actuarial valuation of the country’s largest ...
By PTI in New Delhi

Business  /  Published 21.10.20

Debt leeway for AI bidders

In a bid to revive Air India’s privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt of the national carrier, a top official has sa...
By PTI in New Delhi

Business  /  Published 19.10.20

MG looks to use VW idle capacity

Chinese auto company MG Motor India is eyeing idle capacity at the Volkswagen plant for contract manufacturing. MG Motor India is a subsidiary of SAIC, a Chinese auto giant. With investments through ...
By Our Special Correspondent in Calcutta


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