Search Results for: Investment

General Electric Co

GE to sell India financial services business to Aion, former execs

Aion has partnered with former GE Capital executives Pramod Bhasin and Anil Chawla for the acquisition.

Mar 3, 2016

Airbus sees no serious impact from China economy slowdown

European plane maker Airbus broke ground on its first wide-body completion plant outside of Europe in China on 2 March, while its CEO Fabrice Bregier said he saw no serious impact on the China plane market from slowing economy. Airbus marked the handover of a completion and delivery centre for its wide-body A330 in Beijings neighbouring city of Tianjin, which will be a new addition to its existing assembly plant for A320 planes.

Mar 2, 2016

India GDP

India to grow at 7.5% in FY17, says IMF

However, it warned that unfavourable global environment and a slow investment recovery could be disruptive.

Mar 2, 2016

Indian Railways Development Fund

World Bank approached to set up Railways Infra Development Fund

Suresh Prabhu said the government has allowed 100 percent foreign direct investment in various sectors of the railways.

Mar 2, 2016

Chinese economy

Moody's cuts China's rating outlook to negative

The agency said the Chinese authorities' credibility to implement reforms is at risk due to incompletion or partial reversal of some reforms.

Mar 2, 2016

Jabong India

Jabong recieves Rs 2 crore funding from GFG to remain 'afloat': Report

The funding from Global Fashion Group will help the loss-making company survive another year.

Mar 2, 2016

Indian highway

Road ministry plans Rs 50,000 crore loan from LIC for expressways: Report

Finance Minister Arun Jaitley had allocated Rs 55,000 crore to the road ministry in the budget for the next fiscal year.

Mar 2, 2016

Honeywell International

United Tech keeps to solo path as Honeywell drops bid

The move comes after United Tech rejected Honeywell's offer last week.

Mar 2, 2016

ARM is our share tip of the week â€“ five reasons to invest

Edmund Shing explains why you should invest in British multinational ARM.

Mar 1, 2016

AstraZeneca sells two heart drugs to China Medical

AstraZeneca sells 2 heart drugs rights to China Medical for $500 million

China Medical will pay AstraZeneca $310 million for the license to sell Plendil drug in China.

Mar 1, 2016

Walmart

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

The companies will need to get clearance from the Foreign Investment Promotion Board to own 100 percent stake in a business.

Mar 1, 2016

US pharma giant

Union Budget evokes mixed response from healthcare industry

The healthcare industry showed mixed reactions to the Union Budget saying it's a progressive one but disappointing at the larger schemes due to lack of universal coverage in the sector.

Mar 1, 2016

Samsung Galaxy Note 5

Price of mobile phones may go up post budget

Finance Minister has proposed to withdraw the exemption from SAD on populated printed circuit boards of mobile phones.

Feb 29, 2016

Bombay Stock Exchange building

Budget 2016: Will higher FDI cap in stock exchanges help BSE get listed?

The proposal to raise the FDI limit from five percent to 15 percent could pave the way for BSE's listing next fiscal.

Feb 29, 2016

Budget

Budget 2016 'in line' with India's rating: Moody's

The comments from the rating agency come in the wake of Jaitley sticking to fiscal deficit target of 3.5 percent for the next fiscal year.

Feb 29, 2016

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