Showing of 1-25 result
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05-Jul-2019 | Arun Kumar
Union Budget 2019: Priming the pump for investments, infrastructure
On the foreign investment front, ensuring a harmonised and hassle-free investment experience for foreign portfolio investors will help enable large cross-border capital flows
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07-Apr-2015 | Arun Kumar Sampathkumar & Lawrence Surendra
"Lifting of sanctions to give boost to Iranian oil exports"
The deal will also potentially help the country to further its science and technological progress, especially in areas like nanotechnology
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31-Dec-2009 | Arun Kumar Das/PTI
Recession-hit tourism sector looks up to CWG
Terror threat, swine flu scare and hike in air fares hit the tourism sector hard in 2009 with number of foreigners visiting the country dropping by over six per cent but the Tourism Ministry is now looking up to the Commonwealth Games (CWG) to ...
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28-Dec-2009 | Arun Kumar Das/ PTI
Mamata's rail chugs along with hiccups
It was not a smooth ride in 2009 for the Railways which was hit by accidents, derailments and hijacking of the prestigious Rajdhani train.
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23-Jul-2009 | Arun Kumar
NHPC IPO may raise Rs 1,850 cr
The government is set to exceed its 2009-10 disinvestment target of Rs 1,120 crore through the first company that is slated to go to the markets this year — NHPC.
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20-Jul-2009 | Arun Kumar
Maytas Infra sells stakes in 2 expressway projects
In a bid to tide over its financial crisis, Maytas Infrastructure, the listed company promoted by Satyam Computers’ B Ramalinga Raju, has decided to sell part of its shareholding in Cyberabad Expressway Pvt Ltd and Hyderabad Expressway Pvt Ltd ...
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25-Jun-2009 | ARUN KUMAR
Jaiprakash Power Ventures to merge with group company
As a precursor to mobilising around Rs 3,000 crore to Rs 4,000 crore through qualified institutional placement (QIP), Jaiprakash Power Venture Ltd, the wholly owned subsidiary of Jaiprakash Associates Ltd, is set to merge with Jaiprakash Hydro Power ...
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23-Jun-2009 | Arun Kumar
IFCI seeks to rope in strategic investor
IFCI, the erstwhile development financial institution that has turned into a non-banking finance company, is exploring options to rope in a strategic investor by issuing convertible instruments or by facilitating the acquisition of shares from ...
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17-Jun-2009 | Arun Kumar
Max starts talks to sell 23% to New York Life
With the Insurance Laws (Amendment) Bill awaiting Parliamentary approval, Max India, Analjit Singh’s flagship company, has started discussions on divesting 23 per cent out of its 74 per cent shareholding in Max New York Life Insurance to its ...
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17-Jun-2009 | Surajeet Das Gupta & Arun Kumar
Now, DEA questions Press Notes 2 & 4
For the second time since Press Note 2 and 4 were issued in February 2009, the department of economic affairs (DEA) in the finance ministry has raised questions on their implementation, this time over an application before the Foreign Investment ...
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15-Jun-2009 | Arun Kumar
Promoters, bankers seek change in QIP pricing rule
Calculations upset, Sebi told, as bearish market turns up.
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11-Jun-2009 | Arun Kumar
Sesa Goa buys Dempo Mining for Rs 1,750 cr
The Rs 5,000-crore iron ore mining major, Sesa Goa, has acquired another Goa-based iron ore mining company – Dempo Mining Corporation for Rs 1,750 crore.
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10-Jun-2009 | Arun Kumar & Deepak Korgaonkar
Problem of plenty for QIPs
The qualified institutional placement (QIP) party that started in mid-April with Unitech’s highly successful issue is already showing some signs of fatigue.
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06-Jun-2009 | Arun Kumar
R-Life to raise Rs 2,000 cr via IPO
Reliance Life Insurance, an Anil Dhirubhai Ambani Group (ADAG) company, has decided to enter the capital market to mop up Rs 1,500-2,000 crore through an initial public offer (IPO). This will be the first instance of listing by a life insurance ...
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05-Jun-2009 | Arun Kumar
Govt to put in Rs 16,000 cr in 12 banks
Move to help India Inc access funds in the absence of foreign funds.
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03-Jun-2009 | Arun Kumar
Nomura to buy 35% in LIC Mutual Fund
Japan's Nomura Group is set to acquire 35 per cent in LIC Mutual Fund, India's seventh largest mutual fund, after the board of directors of Life Insurance Corporation (LIC) approved a proposal to induct the Japanese financial services major as a ...
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02-Jun-2009 | Arun Kumar
Part of Maytas Infra debt went to Raju's till
Banks mull joint recovery plan, deadline month-end.
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28-May-2009 | Arun Kumar
Axiata mulls open offer to raise stake in Idea
A battle is brewing between the two major shareholders of Idea Cellular, Axiata Group (formerly Telekom Malaysia) and the Aditya Birla group as a result of the Malaysian company’s unilateral plans to increase its shareholding from 14.99 to 40 ...
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27-May-2009 | Arun Kumar
Bharti Airtel-MTN deal to test new FDI guidelines
The proposed partnership deal of Bharti Airtel and South African telecom giant MTN will be the first telecom company that will test the new norms for foreign investment announced under Press Notes 2, 3 and 4 in February 2009. Since the effective ...
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26-May-2009 | Arun Kumar
Daiichi may have ousted Malvinder to salvage investment
The change at the helm of Ranbaxy Laboratories was undertaken to achieve and accelerate hybrid growth and integration with its new owner, Daiichi-Sankyo. This was officially announced by Tsutomu Une, the new chairman of the board. And he said the ...
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26-May-2009 | Arun Kumar
Short of cash, govt plans to revive disinvestment ministry
The government plans to resurrect the ministry of disinvestment in a bid to raise resources by selling its shareholding in public sector companies.
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22-May-2009 | Arun Kumar
Banks give Tata Power a collateral shocker
Want the company to provide a fixed asset as collateral to hedge a Rs 8,000-crore foreign exchange loan.
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20-May-2009 | Arun Kumar
Power ministry switches on divestment plan
The prospect of a revival of the disinvestment agenda has prompted bureaucrats in the power ministry to revive plans for utilities to raise money from the markets, so that the government gains the opportunity to sell its shares.
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19-May-2009 | Arun Kumar
DLF: The DLF-DAL conundrum
POWER MOVES
