RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
Tags: India
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.
Hettich plans to expand in India
Hettich's future plans include investments in research and development as well as training. Hettich, the German furniture fittings and hardware company, who has a subsidiary in India, said it would be investing about INR500 crore in the next five years.
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.
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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India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
Claiming survival of the local industry, the All India Plastics Manufacturers Association has written to the Indian Finance Minister to revise the import duties on plastics.
The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
A memorandum of understanding was finalized between Tata Group and Singapore Airlines leading the way to the formation of a new airline to service the Indian market.
Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.
Because of the proliferation of smartphones, Olympus Imaging India is scrapping its low end camera line and the focus would be on its premium brands.
The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
