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Reuters

H&M gets FIPB nod to invest $115M

Consumer

02 December, 2013

H&M gets FIPB nod to invest $115M

Swedish retailer Hennes & Mauritz has received final approval from India's Foreign Investment Promotion Board (FIPB) to invest 7.2 billion ......

ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B

Manufacturing

30 November, 2013

ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B

Arcelormittal and Nippon Steel & Sumitomo Metal Corp agreed to buy ThyssenKrupp's steel plant in the United States for $1.55 ......

Pearson sells Mergermarket for $624M to BC Partners

Consumer

29 November, 2013

Pearson sells Mergermarket for $624M to BC Partners

British media and education group Pearson said on Friday it had sold its M&A-focused Mergermarket news service for 382 million ......

SEBI relaxes rules for infra debt funds

General

29 November, 2013

SEBI relaxes rules for infra debt funds

The Securities and Exchange Board of India (SEBI) relaxed fundraising rules on Friday for infrastructure debt mutual funds in its ......

Competition Commission to investigate Ericsson in smartphone patent row with Micromax

TMT

29 November, 2013

Competition Commission to investigate Ericsson in smartphone patent row with Micromax

The Competition Commission of India (CCI) is to investigate Swedish telecoms equipment maker Ericsson in regard to a dispute over ......

UBS shrinks corporate advisory team for rich in emerging markets

General

28 November, 2013

UBS shrinks corporate advisory team for rich in emerging markets

Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market ......

Rural India shows signs of economic revival but wider outlook glum

General

28 November, 2013

Rural India shows signs of economic revival but wider outlook glum

Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on ......

Govt to meet disinvestment and borrowing target for FY14

General

28 November, 2013

Govt to meet disinvestment and borrowing target for FY14

The government's 400 billion rupees programme for the current fiscal year ending in March 2014 will be fully met, Economic ......

Ananda Krishnan plans to raise $1.9B through Islamic bonds for Aircel's holding firm

TMT

27 November, 2013

Ananda Krishnan plans to raise $1.9B through Islamic bonds for Aircel's holding firm

A private telecom company backed by Malaysian tycoon Ananda Krishnan is seeking to raise about 6 billion ringgit by issuing ......

Reliance may get to hike gas price

Infrastructure

27 November, 2013

Reliance may get to hike gas price

Reliance Industries may be allowed to hike rates for its gas from April after it offered financial guarantees to the ......