Syngene gets nod to raise foreign investment to 44%

Last Updated: Monday, June 22, 2015, 15:27

Syngene, a subsidiary of Biocon, on Monday said it has received the Foreign Investment Promotion Board (FIPB) approval for raising foreign investment in the company to 44 percent from the earlier approved 10 percent.

Govt okays 16 foreign investment proposals worth Rs 6,751 crore

Last Updated: Wednesday, June 17, 2015, 17:05

The government on Wednesday approved 16 foreign investment proposals, including those of Torrent Pharmaceuticals and Star India Private Limited, amounting to Rs 6,750.86 crore.

FIPB again defers Kotak bank proposal for raising FII limit

Last Updated: Monday, June 15, 2015, 17:53

The Foreign Investment Promotion Board (FIPB) had taken up the application in its meeting, but the decision was deferred in want of comments from the Department of Financial Services (DFS), sources said.

'Robust FII inflows look difficult; focus on increasing FDI'

Last Updated: Sunday, June 14, 2015, 11:27

To overcome such a situation, the industry body has suggested "a major offensive" to attract foreign direct investment (FDI), especially in infrastructure and manufacturing sectors.

Equity market may be volatile for few months: Deutsche Bank

Last Updated: Sunday, June 7, 2015, 12:42

The market direction will also be determined by the ebb and flow of macro data from the US, which will impact the market's assessment of the onset, pace and quantum of the Federal Bank's lift-off on interest rates, it said.

'Prudent to hold repo rate as upside risks to inflation exist'

Last Updated: Friday, May 22, 2015, 18:08

It might be prudent to hold the policy rate steady for the time being as upside risks to food inflation still persists.

Investment via P-Notes shrinks to Rs 2.68 lakh crore

Last Updated: Monday, May 18, 2015, 14:22

Investments into Indian markets through participatory notes (P-Notes) have dropped to Rs 2.68 lakh crore (USD 42 billion) at the end of April, after hitting over 7-year high in the preceding month.