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1-10 results from 1000 for query «investment»

14 December, 2018 6:20 AM NIIT gains over 4% on allotment of shares to amalgamated companies

NIIT shares gained more than 4 percent on Friday after the board approved the allotment of shares to two amalgamated companies. The board approved the allotment of 2,53,66,521 equity shares to the shareholder of PIPL Management Consultancy and Investment Private Limited, and 2,59,15,838 shares to Global Consultancy and Investment Private Limited 35

14 December, 2018 12:05 AM Assam Gets $60 Million Loan To Reduce Floods

The loan aims to continue financing riverbank protection works, renovation of flood embankments and community-based flood risk management activities. India and Asian Development Bank (ADB) on Thursday signed a $60 million loan agreement to reduce floods and the riverbank erosion in Assam, the Finance Ministry said. "The Tranche 2 loan is part of the $120 million 41

13 December, 2018 9:18 PM Industrial output sets tone for robust economic growth: India Inc on IIP data

New Delhi: India Inc on Wednesday cheered the encouraging October industrial production and said it sets the tone for a robust economic growth in the second half of the fiscal. India's industrial output grew at an 11-month high of 8.1 percent in October mainly on the back of mining, power and manufacturing sectors coupled with higher offtake of capital 37

13 December, 2018 12:35 PM Saudi Arabia likely to make biggest investment in Pakistan's history

Pakistan finance minister Asad Umar has said the package would be announced soon. Islamabad: A Pakistan minister on Thursday said that an incoming investment package from Saudi Arabia promises to be "the biggest foreign investment in the country`s history". Asad Umar, while addressing an event in Islamabad, said that the package would be announced soon, reports 39

13 December, 2018 9:59 AM Jana Small Finance Bank Raises Interest Rates On Term Deposits

Jana Small Finance Bank, a small finance bank, on Thursday announced an increase in its interest rates on term deposits (fixed deposits and recurring deposits). The new interest rates will come into effect from Friday, Jana Small Finance Bank said in a statement. After the revision, Jana Small Finance Bank customers holding FD and RD accounts with the bank will earn interest 31

13 December, 2018 8:56 AM Vivo ramps up manufacturing capacity in India, to invest Rs 4,000 cr

Chinese handset maker Vivo on Thursday said it will set up a new manufacturing facility in Uttar Pradesh, investing Rs 4,000 crore over a period of four years. The company, which competes with the likes of Samsung and Xiaomi in the Indian market, has acquired 169 acre land in the Yamuna Expressway region, a statement said. The new land has been acquired 86

13 December, 2018 2:05 AM Stocks in the news: Jubilant Foodworks, Pricol, Bank of Baroda, Ashoka Buildcon, Strides Pharma, Lupin

Jubilant Foodworks | Pricol | Bank of Baroda | Ashoka Buildcon and Music Broadcast are stocks which are in the news today. Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, company has become 51 percent 45

12 December, 2018 1:01 PM Sebi board clears easier startups listing rules; allows MFs to segregate distressed assets

Mumbai: In a series of reforms, capital market regulator Sebi's board on Wednesday cleared easing of norms to kick-start startup listings and allowed mutual funds to segregate distressed assets to safeguard investment returns. At a meeting held here, the Sebi board also approved a proposal to expand the offer-for-sale mechanism for reduction of stake 43

12 December, 2018 12:26 PM SEBI relaxes norms for clubbing of investment limits by foreign portfolio investors

SEBI also approved use of offer for sale (OFS) route for companies with m-cap of Rs 1,000 crore. Currently, the OFS route can only be accessed by top 200 companies. SEBI in its board meeting on December 12 relaxed norms for clubbing of investment limits by foreign portfolio investors. It approved segregated portfolio by mutual funds. The board has also given 45

12 December, 2018 7:47 AM Hero Future Energies looks to raise $200 million from PEs for 25% stake

The company is eyeing a valuation of $800 million, once the money is raised against 25% equity. Hero Future Energies, the renewable energy firm of the Pawan Munjal-led Hero group, is looking to raise $200 million in fresh funding from private equity investors, according to a market source. The company, founded only six years ago, is eyeing a valuation 50