Cabinet clears $275 Mn Volvo investment in JV with Eicher
The Cabinet Committee on Economic Affairs Thursday approved a foreign direct investment of $275 million by Swedish auto major AB Volvo in a joint venture with Indian auto...
Exim Bank to raise $4.2 Bn this fiscal
The Export Import Bank of India (Exim Bank) plans to raise Rs.170 billion ($4.25 billion) this financial year, a top company official said here Friday.
Tata Metaliks to invest Rs.750 Mn in sinter plant
Pig iron manufacturer Tata Metaliks will invest Rs.750 million over the next two years to construct a sinter plant at its Kharagpur unit, a top company official said here...
M&A, PE investment halved in Indian IT, ITeS
As U.S. slowdown affects the global economy and currency woes disturb the markets, the IT sector also has taken the brunt.
New Bahrain firm to fund India's first logistics city
Bahrain's Khaleeji Commercial Bank (KCB) has launched a new firm, Global Logistix Navi Mumbai Investment Company, to fund the development of India's first integrated logi...
Controls & Switchgear raises $25 Mn
Power management products manufacturer Controls & Switchgear Co Ltd (C&S) has secured Rs.1 billion ($23.8 million) in investment from GE Commercial Finance India, the pri...
UST Global to go public in U.S.
Kerela based UST Global, provider of end-to-end IT services and BPO solutions, planning for its IPO in U.S. However, the move is meant only for escalating its growth.
Vishal Information to offer IPO
Mumbai based Vishal Information, an IT service firm, prepares for Initial Public Opening (IPO) on July 21st.
Maxwell in talks with European brands
Textile firm Maxwell Industries Ltd announced Thursday that it was in talks with two premium European inner-wear brands for a joint-venture partnership or a marketing tie...
'Indian investors most optimistic'
In spite of market volatilities, rising oil prices and soaring inflation, Indian investors have been the most optimistic towards the economy in Asia.