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JC Flowers-backed SICOM to launch funds to invest in real estate, distressed assets

General

19 June, 2015

JC Flowers-backed SICOM to launch funds to invest in real estate, distressed assets

Mumbai-based non-banking finance company (NBFC) SICOM, which counts American private investment firm JC Flowers as a shareholder, is looking to ......

FTIL inks new pact to sell 16.6% stake in IEX for $56M to Aditya Birla PE, others

General

19 June, 2015

FTIL inks new pact to sell 16.6% stake in IEX for $56M to Aditya Birla PE, others

Financial Technologies (India) Ltd (FTIL) has entered into a share purchase agreement to divest two-thirds of its remaining stake in Indian ......

India to sign inter-governmental pact for US tax compliance law FATCA early next month

General

26 June, 2015

India to sign inter-governmental pact for US tax compliance law FATCA early next month

India is likely to sign the inter-governmental pact for the US tax compliance law FATCA early next month, a government ......

FTIL looks for buyers to sell 23% stake in MCX-SX Clearing Corporation

General

26 June, 2015

FTIL looks for buyers to sell 23% stake in MCX-SX Clearing Corporation

Financial Technologies of India Ltd (FTIL) has begun the process of selling its 23 per cent stake in MCX-SX Clearing ......

Government allows private PF trusts to invest in stock market

General

25 June, 2015

Government allows private PF trusts to invest in stock market

The private provident fund trusts which manage their workers PF as well as accounts have been allowed to invest up ......

Government proposes tax benefits for merchants for promoting card payments

General

22 June, 2015

Government proposes tax benefits for merchants for promoting card payments

Government today proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction ......

Stock market rallies as monsoon rains allay drought fears, positive global cues

General

22 June, 2015

Stock market rallies as monsoon rains allay drought fears, positive global cues

The S&P BSE benchmark sensex jumped by 414 points to close at 27,730.21 on all-round buying in view of progress ......

Mauritius says won't allow shell companies to operate from its soil

General

19 June, 2015

Mauritius says won't allow shell companies to operate from its soil

Mauritius today assured India that it will not allow shell companies to operate from its soil as the two countries ......

Retrospective decisions creating liabilities: FM

General

19 June, 2015

Retrospective decisions creating liabilities: FM

Allying concerns of American business community and investors, Finance Minister Arun Jaitley has said that any decision which is retrospective ......

Carrier billing is critical for developing mobile gaming market in India

General

23 June, 2015

Carrier billing is critical for developing mobile gaming market in India

India is already a large market for mobile gaming.  A recent report put the number of mobile gamers in India ......

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