Business  /  Published 18.09.20

Defence FDI security scan

The government’s decision to ease the FDI norms in the defence sector will push self-reliance in production and keep national interests and security paramount, commerce and industry minister Piy...
By Our Special Correspondent in New Delhi

Business  /  Published 17.09.20

Automatic approval for 74% defence FDI

According to the Press Note 4 (2020 series): “FDI up to 74 per cent under the automatic route shall be permitted for companies seeking new industrial licences”. The Press Note said infusi...
By Our Bureau in New Delhi

India  /  Published 15.09.20

China loan horse without a month

By Imran Ahmed Siddiqui in New Delhi

Business  /  Published 11.09.20

Lodhas abstain from Pilani voting

The investment company, founded by GD Birla, bears the name of the village from Birla family hails in Rajasthan. Before it was relocated to Calcutta, Pilani was headquartered in Gwalior, a princely st...
By Sambit Saha in Calcutta

India  /  Published 29.08.20

Gold deposit fraud charge on Kerala MLA

An Indian Union Muslim League MLA has been booked in Kerala on the charge of cheating depositors in connection with a gold investment scheme run by his jewellery group. The controversy has mounted pr...
By K.M. Rakesh in Bangalore

Business  /  Published 06.08.20

Loans: gold to fetch more

Individuals can now borrow more against their gold jewellery. The RBI on Thursday raised the loan-to-value (LTV) ratio in gold loans for non-agricultural purposes to 90 per cent from 75 per cent...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.20

Priority loans for start-ups

The RBI on Thursday brought start-ups under the priority sector lending (PSL) category as it looked to encourage bank investment in this segment. The surprise move from the central bank comes after t...
By Our Special Correspondent in Mumbai

Business  /  Published 25.07.20

Public procurement rules tightened to target China

Entities from countries with whom India shares a land border can bid for the government’s procurement projects only after they are registered with a “competent authority” — the...
By Our Special Correspondent in New Delhi

Business  /  Published 21.07.20

IL&FS lays out road map for debt resolution

Infrastructure Leasing and Financial Services (IL&FS) Group expects to resolve over Rs 57,000 crore of its debt, which is more than 50 per cent of its overall debt of Rs 99,000 crore. Of this, th...
By in Mumbai

Business  /  Published 17.07.20

Kotak invests Rs 500 crore in Nuvoco Vistas

Kotak Investment Advisors Ltd, a wholly owned subsidiary of Kotak Mahindra Bank, has pumped Rs 500 crore through Kotak Special Situations Fund into Nirma group’s cement venture Nuvoco as it comp...
By A Staff Reporter in Calcutta


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