Portfolio investors can invest up to 49% in retail, e-comm

Last Updated: Tuesday, July 21, 2015, 21:34

With the introduction of composite cap in foreign investment policy, portfolio investors can invest up to 49 percent in multi-brand retail and e-retail companies without government approval, an official said.

Banks can factor export receivables to improve cash flow: RBI

Last Updated: Thursday, July 16, 2015, 23:09

The Reserve Bank on Thursday allowed banks to factor export receivables on a non-recourse basis, so as to enable exporters to improve their cash flow and meet their working capital requirements.

FPIs turn net buyers, pump in Rs 4,000 cr in July

Last Updated: Sunday, July 12, 2015, 11:56

FPIs' net outflow was over Rs 1,600 crore from the capital markets (debt and equities) last month, while they withdrew Rs 14,272 crore in May.

Lupin to beef up branded portfolio through alliances

Last Updated: Sunday, June 28, 2015, 15:51

"In 2015-16, the company remains committed to continuing to strengthen its branded portfolio with the launch of additional products by not only creating alliances but also developing its own pipeline and making strategic brand acquisitions in US markets," Lupin said in its annual report here.

FPIs press exit button, take out Rs 2,500 cr in June

Last Updated: Sunday, June 28, 2015, 11:14

Foreign investors pulled out a little over Rs 2,500 crore from Indian stock markets this month, mainly on account of better returns from Asian peers and uncertainty over Greek debt crisis.

Monetary stance of advanced economies may impact markets: RBI

Last Updated: Thursday, June 25, 2015, 18:53

India`s apex bank on Thursday said the foreign portfolio investors (FPIs) inflows might be impacted by the spill-over effect from the monetary policy stance in advanced economies.

Novartis flags margin increase, higher dividends, bolt-on deals

Last Updated: Thursday, June 18, 2015, 17:59

Novartis AG said on Thursday it expects to increase its profit margin this year as it restructures its drug portfolio and cuts costs, as well as generate cash for a higher dividend and smaller, strategic acquisitions.

Compact Lamps targets Rs 1,000 cr sales in 3 yrs

Last Updated: Friday, June 12, 2015, 15:49

"After being a original equipment manufacturer (OEM) for leading lighting companies in India, we decided to launch our own brand Orkus. We are targeting a turnover of Rs 1,000 crore in three years for the company and expect Orkus to contribute 30 percent of sales," Compact Lamps Managing Director Kapil Gupta told PTI.

Leo Coffee forays into instant coffee segment

Last Updated: Thursday, June 11, 2015, 18:30

"Leo Ultimate is 100 percent pure coffee while Leo Aroma Classic is a blend of 70 percent coffee and 30 percent chicory and Leo Instant super Strong is a blend of 60 percent coffee and 40 percent chicory,"

Glenmark gets final USFDA nod for psoriasis cream

Last Updated: Thursday, June 11, 2015, 14:20

Glenmark Pharma was today trading at Rs 867.35 in the afternoon trade on BSE, up 1.19 percent.

ICICI Bank to focus on leveraging technology: Kochhar

Last Updated: Sunday, June 7, 2015, 18:02

"We have leveraged our technology capabilities to facilitate faster and convenient processes, create best-in-class technology platforms and reduce transaction costs.