Foreign investors can get equity in lieu of dividend

In a significant liberalisation of the foreign direct investment policy, the government has permitted the issuance of additional equity shares to a foreign investor that already has shareholding in......

ICICI Bank to hold 19% in Grameen US venture

The Grameen Foundation USA is joining hands with the ICICI Bank and the ITCOT Consulting to set up a company in India for micro credit activities.The Grameen Foundation USA sprang from the Grameen......