Reuters
Consumer
H&M gets FIPB nod to invest $115M
Swedish retailer Hennes & Mauritz has received final approval from India's Foreign Investment Promotion Board (FIPB) to invest 7.2 billion ......
Manufacturing
ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B
Arcelormittal and Nippon Steel & Sumitomo Metal Corp agreed to buy ThyssenKrupp's steel plant in the United States for $1.55 ......
Consumer
Pearson sells Mergermarket for $624M to BC Partners
British media and education group Pearson said on Friday it had sold its M&A-focused Mergermarket news service for 382 million ......
General
SEBI relaxes rules for infra debt funds
The Securities and Exchange Board of India (SEBI) relaxed fundraising rules on Friday for infrastructure debt mutual funds in its ......
TMT
Competition Commission to investigate Ericsson in smartphone patent row with Micromax
The Competition Commission of India (CCI) is to investigate Swedish telecoms equipment maker Ericsson in regard to a dispute over ......
General
UBS shrinks corporate advisory team for rich in emerging markets
Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market ......
General
Rural India shows signs of economic revival but wider outlook glum
Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on ......
General
Govt to meet disinvestment and borrowing target for FY14
The government's 400 billion rupees programme for the current fiscal year ending in March 2014 will be fully met, Economic ......
TMT
Ananda Krishnan plans to raise $1.9B through Islamic bonds for Aircel's holding firm
A private telecom company backed by Malaysian tycoon Ananda Krishnan is seeking to raise about 6 billion ringgit by issuing ......
Infrastructure
Reliance may get to hike gas price
Reliance Industries may be allowed to hike rates for its gas from April after it offered financial guarantees to the ......