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


Business  /  Published 07.10.20

Abu Dhabi bet on RIL Retail shopping spree

Reliance Industries on Tuesday announced another investment from a global investor in its retail arm. Abu Dhabi Investment Authority’s (ADIA) wholly owned subsidiary will invest Rs 5,512.50 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 02.10.20

Mubadala picks up stake in RIL Retail

Reliance Industries (RIL) on Thursday announced that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 6,247.5 crore into its retail arm. The investment v...
By Our Special Correspondent in Mumbai

Business  /  Published 19.09.20

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 18.09.20

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 16.09.20

China loan horse without a month

By Imran Ahmed Siddiqui in New Delhi


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