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News Roundup: Sumitomo Mitsui may pick up 10% in Reliance Capital for $400M
Japanese financial services giant Sumitomo Mitsui Trust Holdings Inc may buy a 10% stake in Anil Ambani-owned Reliance Capital by ......
Others
Non-residents can pledge the shares of an Indian listed company to an NBFC
IntroductionAs a welcome change, the Reserve Bank of India (“RBI”) vide circular dated June 6, 2014 (“Circular 141”)1 has relaxed ......
Healthcare
Sequoia-backed Practo targeting hospital chains to grow business
Sequoia Capital-backed Practo Technologies Pvt Ltd, a web-based clinic management software developer which derives a major portion of its business ......
Healthcare
CARE Hospitals adds two units in Chhattisgarh through operation & management deal
Hyderabad-based Quality Care India Ltd, which runs a multispecialty hospital chain under the brand CARE Hospitals, has added two more ......
General
Govt accepts report on rationalising FDI, FII definitions
The union government has accepted a report on rationalising definitions of FDI and FII, said the finance ministry in a ......
Others
Hear it from experts how India's leading brands are driving mobile strategies @ Techcircle Mobile Forum on June 25
Hear it from experts driving mobile strategies at Flipkart, Snapdeal, Makemytrip, and PayTM; What is mobile first strategy bringing to ......
Infrastructure
Rail freight rates hiked by 6.5%; passenger fare up 14.2%
In an unpopular decision, railway passenger fare was on Friday increased by 14.2 per cent in all classes while freight ......
General
UBS and Credit Suisse account for two-thirds of all Swiss money of Indians
It is just two big banks -- UBS and Credit Suisse -- which appear to be accounting for almost two-third ......
General
SEBI revises disclosure norms for alternative investment funds
To usher in more transparency, capital market regulator Sebi has revised certain guidelines for alternative investment funds, including stricter disclosure ......
General
Modi govt reconstitutes six cabinet committees, including CCEA
The central government has reconstituted six cabinet committees, including the Cabinet Committee of Economic Affairs (CCEA) that will be headed ......
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