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New RBI FX Rate Setting May Cut Volatility, Hit Arbitrage
The Reserve Bank of India's new procedure for calculating reference rates for spot dollar-rupee and euro-rupee pairs may reduce the ......
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News Roundup: Blackstone Eyes 20% Stake In FINO
Blackstone Eyes 20% Stake In FINO - Private equity fund Blackstone is set to pick up around 20% equity in ......
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Govt To Allow $10Bn Foreign Investment In Mutual Funds
India has decided to allow foreign investors to invest up to $10 billion in domestic mutual funds and the market ......
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ICICI Venture, Kotak PE & ChrysCapital Invest In ING Vysya QIP
Private equity firms ICICI Venture, Kotak Private Equity and ChrysCapital have invested nearly Rs 200 crore ($43.4 million) in the recently concluded ......
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Economic Growth Must Slow, Warns BIS
Global economic growth must slow to curb inflationary pressure around the world, the influential central bankers’ bank has warned, saying ......
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News Roundup: Navis Capital Buys Majority Stake In Classic Stripes
Navis Capital Buys Majority Stake In Classic Stripes - Malaysia-based Navis Capital Partners has picked up a majority stake in ......
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BASF India Acquiring Cognis' Specialty Chemicals Biz For $2.9M
The Indian public-listed arm of German chemicals giant BASF is acquiring the business of Cognis Specialty Chemicals Pvt Ltd in ......
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News Roundup: Unilever To Launch $200M Venture Fund In India
Unilever To Launch $200M Venture Fund In India - Unilever Plc, the world’s second largest consumer goods company, is setting ......
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E-Land Set To Complete Majority Stake Buy Of Mudra Lifestyle
The Hong Kong-headquartered fashion apparel arm of South Korean business group E-Land, which received a favourable order last month against ......
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Private Funds Search For Merit In Indian Education
Indians' obsession with schooling combined with woeful public education and rising incomes has private equity firms on the hunt for ......
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