In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India.
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Allied Blenders & Distillers would pay INR300 crore for the purchase of Sentini Bioproducts.
Rupee's depreciation makes India an attractive proposition for US investors.
The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.
According to HDFC Asset Management Co CEO Prashant Jain, the nation had already seen the worst of capital outflows.
The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.
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.
The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.
Hettich's future plans include investments in research and development as well as training.
The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.
India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).
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.
Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.
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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