India

PE deals in India increased for 2013

India's private equity deals earned USD924 million for August 2013.

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India plastics duties on imported materials sought revised

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.

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India's rule on new airlines may be modified soon

The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.

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Department of Telecom near release of policy guidelines for industry mergers and acquisitions

The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.

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Tata Group signs MOU with Singapore Airlines

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.

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Japan’s Nissin in buyout talks with Capital Foods

Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.

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Olympus India to focus on premium category models

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.

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Tata Motors continues investment despite slowdown

The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.

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VistaJet Holdings to grow business in India

With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.

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Industry: Indian renewable energy market seen as a good place to put investment

A three day summit was reported to attract a lot of investors into India's renewable energy market.

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India insurance repositories set for inauguration on September 16

India would be inaugurating is its insurance repositories on September 16.

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CORRECTED: India Infoline to break merged brokerage business

According to a report by The Economic Times, India Infoline would be separating its brokerage business to meet banking regulations.

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KKR to acquire Gland Pharma

According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.

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South Mumbai’s sale of high-end luxury homes drops

The sale of expensive homes in South Mumbai had dropped by 10% from 30% two years ago with rental yields decreasing by more than half.

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India set to impose EUR150 million probe for BMW customs violations

BMW is appealing a decision to impose a EUR150 million fine for alleged customs laws violations.

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