The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
The group has recently started marketing the products in south India through its business associates, Valy Trading Corporation, based in Kochi.
New York-based Berggruen Holdings' Indian hospitality venture Berggruen Hotels on Monday announced plans to set up 38 budget hotels over the next five years at an investment of $100 million.
For instance, Tata Consultancy Services recently won a $200 million deal in Mexico, Wipro announced the opening of a development centre in Australia, and Infosys announced the setting up of 'The New Growth Engines' business unit in Latin America.
The growth had slumped to sub-5 per cent in the earlier two consecutive fiscals.
Dinesh Vazirani on how he built Saffronart into an institution.
In India, index funds are found wanting in both aspects -- long-term performance and cost efficiencies.
Infosys Technologies on Monday announced its first largescale plan to recruit 300 college graduates from universities in the United States in 2006.
'Many of the challenges of investing in commercial real estate get taken care of when an investor takes the Reit route,' points out Suraj Nangia.
The Securities and Exchange Board of India on Tuesday approved the open offer of Vedanta Resources for Sesa Goa.
The top five most trusted brands are Samsung Mobiles, Sony, LG, Nokia and Tata.
Analysts say those taking exposure through stocks could look at firms focused on domestic business
The Euro 2-billion German multinational Schott AG, a world leader in pharma pack glass tubing, has plans to make India its global hub for production.
However, on the NSE, both ITC and Infosys had equal weight of 8.77 per cent.
Indian investment bank Avendus Advisors on Thursday said that it is in the process of floating a $200 million India specific fund for investing in diversified sectors.
Forty years on, ironically, the managerial attention to new businesses has meant almost 40 per cent of revenues now come from the non-tobacco business.
'At this time, staying in the game is more important.' 'If we do that, then wealth can be generated.'
The chairman of the diversified Aditya Birla group, Kumar Mangalam Birla, has bought a 25 per cent stake in Rupert Murdoch's News Corp-owned Indian news channel, Star India said.
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
Will the M (Muslims) in the RJD's M+Y move fast swiftly towards the MIM and away from the RJD, asks Mohammad Sajjad.
'India's sizeable forex reserves should help stem a possible fall in our currency.'
The agreements were inked in the presence of Prime Minister Manmohan Singh and visiting Italian President Carlo Azeglio Ciampi after the two leaders held discussions on important issues of mutual concern.
As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.
India's dominance in IT services offshoring market would be threatened if companies do not diversify their offerings and delivery bases, according to analysts.
Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.
The new-age traveler is no longer into ticking a checklist of must-see spots on his holiday. He is ready to pay a premium to experience culture, crafts and culinary delights of the local populace
India on Wednesday launched a determined bid to diversify its export basket to China by roping in major corporates, including L&T, Ranbaxy, TCS and NIIT, to showcase their technological prowess in the world's most dynamic market.
India's bilateral trade with China will cross $1 billion this calendar year, but the country needs to diversify from iron-ore exports to other areas such as dairy, yarn and electrical machinery for sustaining the momentum, a top government official s
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Seven new miniature frog species which can comfortably sit even on a child's thumbnail have been discovered by Indian scientists in the Western Ghats after five years of extensive exploration.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
Indian Oil Corporation is eyeing acquisition of a stake in Singapore Petroleum company as part of its plans to become a diversified, transnational, integrated energy major.
Come May 1 and those looking to visit Taj Mahal in Agra and Humayun's Tomb here will be able to book their entry tickets online.
