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Caledonia Investments partially exits Dewan Housing for $19.3M
UK-based investment trust Caledonia Investments Plc has further reduced its stake in Dewan Housing Finance Corporation Ltd (DHFCL) by selling ......
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IDFC, Russian Direct Investment Fund to invest $1B in infrastructure
Indian infrastructure financing company IDFC Ltd has signed a Memorandum of Understanding (MoU) with Russian Direct Investment Fund (RDIF) to ......
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Anu Duggal raises $5M for women entrepreneur-focused fund
Indian-American founder of seed capital fund Female Founders Fund or F Cubed, Anu Duggal is all set to back women ......
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Cabinet nod to market fundraising by public sector banks
The government has approved a decision to allow public sector banks to raise up to Rs 1.60 lakh crore or ......
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Vikram Akula to pick 26% stake in financial inclusion start-up VAYA
Vikram Akula – the founder of India's lone-listed micro-lender SKS Microfinance who quit the firm in late 2011 over differences ......
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Parliamentary panel favours composite FDI cap of 49% in insurance sector
A parliamentary select committee, tasked to review the long-standing Insurance Amendment Bill, has recommended a composite limit of 49 per ......
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IFC investing up to $100M in Axis Bank
International Finance Corporation (IFC), the private sector investment arm of the World Bank, is investing up to $100 million in ......
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GST to be implemented from April 2016: Jayant Sinha
An agreement has been achieved with the states on most issues concerning the implementation of Goods and Services Tax (GST), ......
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Delhi govt bans all app based taxi services like Ola and TaxiForSure till they get licences
Following the alleged rape incident in Delhi involving a driver belonging to Uber cab service, the Delhi government late on ......
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Current account deficit for Q2 rises to 2.1% of GDP
India's current account deficit (CAD) rose to $10.1 billion (2.1 per cent of gross domestic product) for second quarter ended ......
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