Global investors have poured in over $794 million in Asia-dedicated equity funds in the first week of April as India-focussed funds broke their 11-week outflow streak.
India's forex reserves decreased by 466 million to stand at 4139.44 billion during the week ended January 20, 2005 against $139.51 billion during the preceding week.
After months of negotiations, Tata Motors-owned Jaguar Land Rover is likely to get approval for a loan of pound 270 million (about Rs 2,000 crore) from the European Investment Bank on April 7, BBC reported on Saturday quoting official sources.
Third-party BPO company Genpact on Thrusday said it has signed a multi-year contract with Germany-based technology group Linde to provide finance and accounting services, valued at over $60 million.\n\n
The ILO said that the world needed 90 million new jobs between 2009 and 2010 in order to absorb new entrants to the labour market and avoid increasing the level of unemployment. Some 200 million people were jobless in 2008, the labour body said. This is up from 179 million in 2007 recorded in a January ILO report 'Global Employment Trends 2009'.
A painting by Chinese contemporary artist Qi Baishi was sold for $65 million, a record high price for contemporary and modern Chinese paintings and calligraphy by Beijing-based China Guardian.
Funds will invest in new technology companies involved with climate change mitigation.
The Debt Recovery Tribunal (DRT) on Tuesday directed Diageo Plc not to disburse $40 million of the $75 million sweetheart deal to him.
The Rajasthan High Court on Thursday directed agitating Gujjar leaders to ensure that the statewide stir proposed by them from tomorrow remains peaceful and there is no violence.
Pandit has been taking home a token one dollar salary from Citigroup since 2009.
India's forex reserves decreased by $950 million to stand at $144 billion during the week ended December 23 against $145 billion during the preceding week.
Media reports in Australia say the contract has now been awarded to EDS (part of IT major Hewlett-Packard). It is also understood that Satyam's new chief executive, A S Murty, had rushed to Australia last week in a last-ditch effort to retain the contract, which accounted for about 35 per cent of Satyam's revenue from Australia.
Financier Bernard Madoff, in jail now, had shelled out nearly $ 1 million towards lobbying and in campaign contributions, of which a large part went to the Democrats, a US research group has said.
As part of the engagement, HCL Technologies would provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres, HCL said in a statement.
IT firm MphasiS on Monday said it will acquire US-based Digital Risk for $175 million (about Rs 960 crore), a move that will help it attain leadership position in the US mortgage services market.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
RJio is targeting the existing base of high-value customers.
India's forex reserves declined by $127 million to stand at $142.18 billion during the week ended November 18 against $142.30 billion during the preceding week.
The verdict followed a $72 million jury award from the same court in February to the family of a woman, who died from ovarian cancer.
Concur and Cleartrip through their partnership will target the rapidly-burgeoning Indian corporate travel segment.
IT major Tata Consultancy Services Ltd has acquired 100 per cent stake in Chilean software firm Comicrom for $ 23 million.
GSM operators in the country have added 14.49 million new users in the month of March, taking the total GSM subscriber base to 569.55 million, an industry body said.
Occupational disease has overtaken workplace accidents as the biggest danger to Chinese workers with 200 million potentially under threat Tang Chun, an occupational disease expert with the labour protection department under the Federation said.
The global investment banking major has begun the process to explore the sale of its wealth management operations in India.
Premier League club Arsenal said on Monday it had agreed to be taken over by American billionaire Stan Kroenke in a deal which would value the club at 731 million.
The buying of the aircraft was 'seen as a misuse of money at a time when the bank is reliant on public support'. The report said that Citi, which earlier insisted that it would go ahead with the purchase of the jet, backed out after officials acting for Treasury Secretary Tim Geithner, expressed strong opposition to the move.
The company will retire part of the debt by way of sale and lease back of some its aircraft.
India's foreign exchange reserves fell by $481 million to $254.759 billion for the week ended January 9 from $255.240 billion in the previous week.During the period, the foreign currency assets (FCAs) also decreased by $458 million to $245.417 billion as against $245.417 billion in the previous week.
Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.
The closing of the transaction is subject to receipt of applicable regulatory approvals in China.
The company added 10 million customers across its operations in 17 African countries in less than 12 months of having crossed 50 million subscribers.
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