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IDFC Alternatives raises $71 mn under realty-focused fund

General

12 May, 2016

IDFC Alternatives raises $71 mn under realty-focused fund

IDFC Alternatives, the private equity (PE) arm of infrastructure-focused lender IDFC Ltd, has secured Rs 475 crore (about $71 million) ......

From other newsrooms: Baxter frontrunner for KKR-backed Gland Pharma and other stories

General

12 May, 2016

From other newsrooms: Baxter frontrunner for KKR-backed Gland Pharma and other stories

NYSE-listed pharmaceutical firm Baxter has emerged as the frontrunner to acquire Hyderabad-based drugmaker Gland Pharma for around $1.1-1.2 billion.Baxter and ......

What markdowns mean for companies and investors

Technology

11 May, 2016

What markdowns mean for companies and investors

Markdowns in valuations of consumer internet companies isn't a phenomenon limited to India. And, yet questions have ......

From other newsrooms: Snapdeal in talks to raise funds for FreeCharge and other stories

General

11 May, 2016

From other newsrooms: Snapdeal in talks to raise funds for FreeCharge and other stories

E-commerce marketplace Snapdeal is in discussions with a bunch of investors including Chinese firms and sovereign funds to raise money ......

India misses mineral drilling targets for FY16

Manufacturing

11 May, 2016

India misses mineral drilling targets for FY16

Despite efforts to increase the country’s mineral production, India has failed to achieve mineral exploration targets for financial year 2015-16 ......

Railways to charge uniform freight charges for domestic iron ore consumption and exports

Manufacturing

10 May, 2016

Railways to charge uniform freight charges for domestic iron ore consumption and exports

In an attempt to boost iron ore exports, the Indian Railways has decided to withdraw the dual freight policy for ......

SC relaxes norms for diesel-run national permit cabs; govt sets up committee to frame policy

Infrastructure

10 May, 2016

SC relaxes norms for diesel-run national permit cabs; govt sets up committee to frame policy

On a day when the Supreme Court allowed diesel taxis with all India tourist permit (AITP) to operate within the ......

India to tax capital gains under revised Mauritius treaty

General

10 May, 2016

India to tax capital gains under revised Mauritius treaty

India will get the right to tax capital gains on investments after April 2017 under an amended tax treaty with ......

Jabong appoints ex-Snapdeal exec Rahul Taneja as chief business officer

TMT

10 May, 2016

Jabong appoints ex-Snapdeal exec Rahul Taneja as chief business officer

Rocket Internet-incubated fashion e-commerce venture Jabong has appointed former Snapdeal executive Rahul Taneja as its chief business officer (CBO).Taneja – ......

Mumbai realty prices may rise 6% in 2016 against 3.3% in 2015: JLL India

Infrastructure

10 May, 2016

Mumbai realty prices may rise 6% in 2016 against 3.3% in 2015: JLL India

The average residential property prices in Mumbai and suburbs saw a modest year-on-year appreciation of 3.3 % in 2015 against ......

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