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JP Morgan may sell India mutual fund business

General

16 March, 2015

JP Morgan may sell India mutual fund business

Foreign fund house JP Morgan Asset Management is believed to be mulling over sale of its India mutual fund business, ......

Insurers eye billions of dollars flowing in as FDI cap hiked

General

13 March, 2015

Insurers eye billions of dollars flowing in as FDI cap hiked

Within minutes of Parliament approving higher foreign investment in insurance sector, a number of insurers including from Bharti, Reliance, Max ......

Parliament approves Insurance Bill

General

12 March, 2015

Parliament approves Insurance Bill

Parliament tonight approved the NDA government's first major economic reform measure as the long-pending bill providing for raising foreign investment ......

Godrej Consumer makes changes in senior leadership team

Consumer

12 March, 2015

Godrej Consumer makes changes in senior leadership team

FMCG major Godrej Consumer Products Ltd today made changes in the senior leadership team by appointing V Srinivasan as the ......

Dilip Shanghvi's son Aalok to head emerging mkts unit after Sun Pharma buys Ranbaxy

Healthcare

12 March, 2015

Dilip Shanghvi's son Aalok to head emerging mkts unit after Sun Pharma buys Ranbaxy

Taking forward its acquisition of Ranbaxy Laboratories, Sun Pharma has put in place a team of top executives, including Dilip ......

Chocolate products maker Mars setting up India plant

Consumer

12 March, 2015

Chocolate products maker Mars setting up India plant

Mars International India, the wholly-owned arm of US-based chocolate maker Mars Inc, on Wednesday said it will invest Rs1,005 crore ......

ONGC's OVL in talks to acquire stake in two Siberian oilfields

Infrastructure

11 March, 2015

ONGC's OVL in talks to acquire stake in two Siberian oilfields

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is in talks to acquire stake ......

IMF expects Indian GDP growth to be below government's forecast

General

11 March, 2015

IMF expects Indian GDP growth to be below government's forecast

India needs to reduce subsidies, implement comprehensive tax reforms and a maintain a tight monetary policy to maintain its growth ......

Inox Wind to open over $110M IPO next week

Infrastructure

11 March, 2015

Inox Wind to open over $110M IPO next week

Wind power solutions provider Inox Wind is hitting the capital market next week to raise up to Rs 700 crore ......

Kumar Mangalam Birla, Manmohan Singh summoned in coal scam case

Infrastructure

11 March, 2015

Kumar Mangalam Birla, Manmohan Singh summoned in coal scam case

Former Prime Minister Manmohan Singh, industrialist Kumar Mangalam Birla, ex-coal secretary P C Parakh and three others were on Wednesday ......