The Foreign Investment Promotion Board is understood to have given its nod to foreign investment proposals of GMR Airports (US$200mn), and Jet Airways (US$400mn), among others last week...
IVRCL Assets and Holdings may sell up to 49% stake in three of its road projects and raise Rs6bn through QIP of shares by March.....
HDFC said it plans to infuse Rs500mn in its insurance arm, HDFC Standard Life, in the next six-months....
Tata Global Beverages is planning to raise US$200mn from private equity investors by selling a stake in its UK arm...
Remittance flows to developing countries including India is expected to reach US$325bn by the end of this year and is likely to exceed to US$370bn in two years' time, the World Bank says.
The Railways is planning to spend around Rs2bn for the development of infrastructure in and around Mangalore....
Tea exports from India increased by 5% during the January-September period of the current year to 143.5mn kg....
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