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Foreign PEs to continue with profit booking in near-term

Foreign private equity funds are likely to exit completely or partially the financial services space in the near-term as part of profit-booking, but will stay invested to cash in from the long-term......

McKinsey's 8-point reform plan for India

Global consultant McKinsey has come out with an 8-point reform agenda for India in politically difficult areas like labour, privatisation and opening up of retail sector to achieve an higher 8-10......

Sabre, Tamasek float $5 bn fund

Rana Talwar's Sabre Capital, which played the White Knight for Centurion Bank two years back, is gearing up to play a bigger role in the Indian equity market.The former Standard Chartered Bank CEO......

Telecom dept stymies STT stake in Idea

The department of telecommunications has opposed a proposal of the Singapore Technologies Telemedia and TM International consortium to acquire 47.7 per cent stake in Idea Cellular.At a meeting of......

Foreign fund inflows seen rising!

Global fund managers and chief investment officers expect the strong foreign institutional investor inflows into India to continue as the country is expected to be the fastest growing countries......

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