UTI-IAS acquires Mallya' 3.97% UBL voting rights after default

Last Updated: Wednesday, June 10, 2015, 17:03

Post this development, Mallya's voting rights in the company remain just 0.06 per cent.

Business confidence falls sharply in March quarter: Survey

Last Updated: Monday, May 25, 2015, 20:44

Business sentiment fell sharply in the March quarter due to concerns over investment climate amid "patchy" and "uneven growth", said a survey today.

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.

Chinese companies to set up units at GMR SEZ, to invest $3.5 bn

Last Updated: Monday, May 18, 2015, 12:32

GMR Infrastructure Monday said it has inked pact with Guizhou International Investment Corp (GiIC), a consortium of three Chinese manufacturing firms, to set up units at its SEZ in Kakinada, a move that will see USD 3.5 billion worth of investments in the next 5 years.

President Mukherjee asks Indians abroad to invest in India

Last Updated: Sunday, May 10, 2015, 17:26

President Pranab Mukherjee Sunday asked the Indian community in Russia to bring in their skills and capital to support the government's initiatives to make the country a global manufacturing hub.

LIC Nomura Mutual Fund lines up retirement plans

Last Updated: Thursday, April 30, 2015, 15:06

Encouraged by tax incentives for investment in retirement schemes floated by mutual fund houses, LIC Nomura MF has lined up plans to launch such product.

FDI soars 63% to $3.28 billion in February

Last Updated: Monday, April 27, 2015, 20:56

Foreign direct investment (FDI) in India jumped about 63 percent to USD 3.28 billion (about Rs 20,820 crore) in February, 2015.

'India's investment climate better than other BRICS nations'

Last Updated: Sunday, April 19, 2015, 20:52

Though India has a better investment climate among BRICS nations, its regulatory and tax system-related challenges are impacting immediate investment plans, a survey found.

Indian economy clearly on recovery path: FM Jaitley

Last Updated: Sunday, April 19, 2015, 13:27

"We are committed to maintain overall macroeconomic conditions on a sustained basis so that the Indian economy is able to achieve and sustain growth of 8 per cent and above," Jaitley said.

'India faces $110 bn funding gap for urban infra development'

Last Updated: Monday, April 13, 2015, 18:26

India needs a "stable policy framework" to bring in private investments for developing urban infrastructure which faces a fund shortage of USD 110 billion, says a report released on Monday.