India

Bharti Retail and Walmart dissolve partnership

In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India.

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Allied Blenders & Distillers set to purchase Sentini Bioproducts

Allied Blenders & Distillers would pay INR300 crore for the purchase of Sentini Bioproducts.

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India's falling currency attracts US investors

Rupee's depreciation makes India an attractive proposition for US investors.

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Etihad Airways- Jet Airways deal goes to anti-regulatory authorities

The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.

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Blackstone nears USD40 million exit from India

Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.

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India has survived the worst, according to CEO

According to HDFC Asset Management Co CEO Prashant Jain, the nation had already seen the worst of capital outflows.

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US and India ties drifts due to economic differences

The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.

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RBI says banks to pay for credit card scam

The Reserve Bank of India had refused to give extended deadline for banks to upgrade their security features to protect cardholders from credit card frauds.

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Reforms by new RBI chief seen in net investment inflows into the country

The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.

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Hettich plans to expand in India

Hettich's future plans include investments in research and development as well as training.

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India receives ADB loan for energy and utilities projects

The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.

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India Infoline Finance raises INR900 million through NCD issue

India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).

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Dissenting investors to get IPO offer according to SEBI

India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.

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Foreign institutional investors pour in USD1.7 billion in Indian equity market

Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.

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Stock markets may remain volatile on RBI move

RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.

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