Search For "investme"
ADB Ventures raises $50 million, exceeding fund capitalisation target
Updated : 5 years, 11 months ago IST
Manila [The Philippines], April 20 (ANI): The Asian Development Bank (ADB) said on Monday that ADB Ventures, its new impact investment platform, will soon start operations after successfully raising the equivalent of 50 million dollars from multilateral and bilateral development partners and
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PHDCCI chief welcomes new norm for FDI from neighbouring countries
Updated : 5 years, 11 months ago IST
New Delhi [India], April 19 (ANI): PHD Chamber of Commerce and Industry (PHDCCI) president DK Agarwal, on Sunday welcomed the move by the Department for Promotion of Industry and Internal Trade (DPIIT), which allows an entity of a country sharing a land border with India to invest only after
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Govt nod must for all FDI from neighbouring countries: DPIIT
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 18 (ANI): The government has introduced stricter measures to curb opportunistic takeover of Indian companies due to the current COVID-19 pandemic by firms in neighbouring countries.
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MNRE steps up efforts to attract investment from firms shifting base from
Updated : 5 years, 11 months ago IST
New Delhi [India], April 18 (ANI): Amid growing sentiment among companies to shift their manufacturing base from China in the wake of coronavirus epidemic, India is preparing to introduce policy changes to facilitate manufacturing in the country and attract investment.
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US returns another USD 300 mn of recovered 1MDB funds to Malaysia
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 15 (ANI): The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment developme
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Covid-19 affect: European countries tighten FDI rules to prevent hostile t
Updated : 5 years, 11 months ago IST
New Delhi [India], April 14 (ANI): West European countries including Italy, Spain, and Germany have tightened their Foreign Direct Investment (FDI) rules to prevent Chinese firms from taking over the domestic economies which are already suffering a slump because of coronavirus pandemic, a
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ICRA downgrades NCDs, bonds of PNB Housing Finance
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 4 (ANI): PNB Housing Finance Ltd said on Saturday that investment information firm ICRA has downgraded the rating of its non-convertible debentures and tier two bonds worth Rs 1,675 crore to AA negative from AA-plus negative.
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Dipping domestic gas and crude oil prices a double whammy for upstream pro
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 2 (ANI): The domestic gas price notified at 2.39 dollars per mmbtu (million British thermal unit) for H1 FY21 is a sharp decline of 26 per cent from the price of 3.23 dollars per mmbtu applicable for H2 FY20 and the lowest since the institution of modified Rangarajan f
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Uno Minda strengthens partnership with Japan's Toyoda Gosei
Updated : 5 years, 11 months ago IST
Gurugram (Haryana) [India], Apr 1 (ANI): The board of directors at Minda Industries Ltd has approved an investment of Rs 33.5 crore in TG Minda, a 49.9 per cent joint venture of Uno Minda and Toyoda Gosei of Japan.
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FAR for investment by non-residents in government securities
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors.
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Combating COVID-19 via drones, Chennai based start-up's innovative solutio
Updated : 5 years, 11 months ago IST
Chennai [Tamil Nadu], Mar 30 (ANI): A city-based startup has hit upon an innovative solution to mitigate the spread of the highly contagious coronavirus by employing drones to disinfect hospitals and other public places. This comes as big relief to doctors, nurses, policemen, sanitation wor
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IndiGrid acquires transmission asset from Sterlite Power for Rs 1,020 cror
Updated : 5 years, 11 months ago IST
Mumbai, (Maharashtra) [India], Mar 25 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), has announced the acquisition of another transmission asset, East North Interconnection Company Ltd, from Sterlite Power at a value of Rs 1,020 crore.
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