The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.
Deals
Koor Industries sells additional shares in Credit Suisse
Koor Industries had sold another 5.5 million shares in Credit Suisse. The sale was valued USD169 million said the Israeli holding company on Sunday.
Credit Suisse to lead Lloyds and RBS stake sales
James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.
Dubai and other Gulf indices climb after US-Russia deal on Syria stockpile was finalized
The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
Islamic pension funds can provide more capital to industries and markets
The experience of some Muslim dominated countries as to tapping Islamic pension funds for capitalization had reaped benefits.
Latest News
The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Tom Bolland, current COO of Lehman is helping wind down the bank's business. Tom Bolland, current chief operating officer of Lehman Brothers International Europe, is under the employ of Tony Lomas, joint administrator and PriceWaterhouseCoopers Partner, is providing assistance as the bank winds down its business and maximizes its recoverable assets.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
After unwinding the most complex bankruptcy case in history, Lehman Bros would be paying out full value to its European creditors.
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
The Unifor union and GM Co. was able to meet and agree on the new collective bargain agreement. A tentative settlement on a new collective agreement between General Motors Co and Canda's Unifor union was reached to cover employee benefits for GM's CAMI assembly plant located in Ontario, Canada.
Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.
Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.
