Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

generic cialis
ING Life aims 15% growth in new biz premiums
Aiming to break even in the next three years, ING Life is targeting a 15 per cent increase in its new business premiums, a top company official today said.

Lazard gets govt nod for India private equity fund
The government today cleared foreign fund house Lazard"s proposal to invest Rs 125 crore in its Lazard India Growth Fund, which will focus on mid-sized firms in the country.

News of the day

FIPB nod to Hyatt-Emaar JV for hotels in India
The Foreign Investment Promotion Board (FIPB) has cleared global hospitality major Hyatt group"s proposal to set up "Hyatt Place" hotels in the country in a joint venture with realty firm Emaar MGF, with an investment of about Rs 125-150 crore.
Public Company

Govt defers Pepsico's proposal

The government has deferred a decision on a proposal by food and beverages major Pepsico to induct additional equity worth about Rs 930 crore in its Indian subsidiary. The proposal for induction of foreign equity (by Pepsico) has been deferred, an official statement said, without specifying reasons for the deferment. - Govt defers Pepsico"s $200 mn investment proposal - Govt defers decision on Vodafone stake sale by Singh, Ghosh - Govt refers Jet"s proposal to raise $400 mn to CCEA - Govt allows OVL to invest $70 mn more in Brazilian oilfield - CCEA asks oil ministry to ensure 5% ethanol blending by OMCs - Hathway gets FIPB nod for more foreign equity Meanwhile, based on Foreign Investment Promotion Board (FIPB) recommendations, the government today referred the Jet Airways proposal for equity investment through the Qualified Institutional Placement (QIP) route from qualified Foreign Institutional Investors (FIIs) to the Cabinet Committee on Economic Affairs (CCEA). Besides, the government cleared 16 Foreign Direct Investment (FDI) proposals, bringing in Rs 1,158.8 crore. FIPB, though, rejected a proposal by owners of the ‘Rajasthan Royals’ IPL team, for inducting over $5.82 million equity.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009