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Rajan shocks with repo rate hike, trims rupee support measure

General

20 September, 2013

Rajan shocks with repo rate hike, trims rupee support measure

The new chief of the Indian central bank Raghuram Rajan took the market by surprise by raising key policy repo ......

Healthcare

20 September, 2013

Strides Arcolab secures US FDA approval for manufacturing facility in Italy

Bangalore-based Strides Arcolab Ltd has received a nod from US Food and Drug Administration (US FDA) for its manufacturing facility ......

Others

20 September, 2013

News Roundup: OVL mulls new model to finance foreign acquisitions

Oil and Natural Gas Corporation Videsh Ltd (OVL) is considering a new model to finance its foreign acquisitions. Soon, the ......

Consumer

19 September, 2013

Manmohan Shetty raises $23M from ICICI Venture for theme park

Manmohan Shetty-promoted Adlabs Entertainment Ltd has raised Rs 144 crore ($ 23 million) from private equity firm ICICI Venture for ......

Others

19 September, 2013

Top picks from Techcircle.in

SaaS-based social learning network Mytestbuddy claims to have 50K users, looking to break even by early 2014Yebhi claims to be ......

General

19 September, 2013

Yes Bank raises $255M overseas under RBI's swap plan; stock surges over 22%

Private sector lender Yes Bank has raised $255 million ($180 million and €58 million) from overseas through a dual currency, ......

Consumer

19 September, 2013

QSR market to double in size by 2016 led by new stores; almost half of new outlets to come in tier II & III cities: CRISIL

The Indian quick service restaurants (QSR) industry is expected to double its size from Rs 3,500 crore currently to Rs ......

Others

19 September, 2013

News Roundup: Indian Property Advisors eyes up to $350M in domestic, offshore funds

Indian Property Advisors Pvt. Ltd. (IPAL), a private equity (PE) fund, is planning to raise an Rs 300 crore ($47.7 ......

Manufacturing

18 September, 2013

Suzlon sells 75% in China unit for $28M

Suzlon, one of the world’s largest wind turbine makers, is selling 75 per cent in its China-based manufacturing subsidiary—Suzlon Energy ......

Others

18 September, 2013

Nandan Nilekani set to contest elections under Congress banner

Former Infosys chief and currently head of the government’s Unique ID project run by UIDAI, Nandan Nilekani is all set ......