India

PepsiCo India's president exits company

PepsiCo India left the company today to pursue other endeavors.

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MMTC Stake Sale Kicks Off Government Divestment

MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.

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India Set To Suffer as US Rates Rise

India's rapidly declining currency is a clear sign that US policy affects the whole world.

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India-based Ambanis Signs US$2.1 Billion Telecom Deal

The Ambani brothers of India announced signing a US$2.1 billion Telecom Deal.

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India sells MMTC stake to kick off divestment

The government of India sold a sale of a stake in MMTC LTd, an Indian Trading firm, in order to cut off financial deficit.

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Intas Pharma to do IPO

Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO.

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India Postpones Jet Airways Stake Sale to Etihad

The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.

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Customs: US$386 Million Order against HP India Remains

Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.

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ONGC Declares Mozambique Gas Deal Then Withdraws Statement

Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.

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Indian Communications Minister to Meet with Telecom Firms to End Lawsuits

Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.

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Goldman Sachs Invest US$135 Million to ReNew Power Pvt. Ltd.

Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.

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Novartis India to divest Novartis AG shareholdings

In compliance with current regulations, Novartis AG is selling of a part of its shareholdings in Novartis India.

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India Cipla to Take Over South Africa Cipla

Cipla Ltd offers to take over Cipla Medpro South Africa.

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Orbimed to Launch pan Asia Healthcare Fund

Orbimed expands into Indian healthcare industry.

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Midcap Shares Fall Amidst Talk of Share Sales in India

Share values fall on rumors of sales of pledged stocks.

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