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India allows greater flexibility for pension fund investments

General

04 December, 2013

India allows greater flexibility for pension fund investments

India will allow a portion of the country's $80 billion in employee pensions to be invested in a wider array ......

Ministers back plan for spectrum fee in telecom M&A deals

TMT

04 December, 2013

Ministers back plan for spectrum fee in telecom M&A deals

A ministerial panel on Tuesday approved a plan to impose a fee on telecoms carriers for mobile phone spectrum acquired ......

Power Grid $1.1B share sale fully covered

Infrastructure

04 December, 2013

Power Grid $1.1B share sale fully covered

 A $1.1 billion share sale in state-run Power Grid Corp of India was fully covered on Wednesday, the second day ......

RBI proposes new capital rules for banks too-big-to-fail

General

03 December, 2013

RBI proposes new capital rules for banks too-big-to-fail

The Reserve Bank of India (RBI) plans to introduce increased capital requirements by 2016 for banks regarded as too big ......

India BOP deficit rises in July-Sept; current account gap narrows

General

02 December, 2013

India BOP deficit rises in July-Sept; current account gap narrows

India's balance of payments deficit surged despite a sharp improvement in the current account deficit in the July-September quarter, primarily ......

H&M gets FIPB nod to invest $115M

Consumer

02 December, 2013

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 ......

ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B

Manufacturing

30 November, 2013

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 ......

Pearson sells Mergermarket for $624M to BC Partners

Consumer

29 November, 2013

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 ......

SEBI relaxes rules for infra debt funds

General

29 November, 2013

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 ......

Competition Commission to investigate Ericsson in smartphone patent row with Micromax

TMT

29 November, 2013

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 ......