Stating that English, Chinese and Hindi will rule the digital world in the coming days, Prime Minister Narendra Modi on Thursday noted that the language market was huge and companies can cash in on it by developing apps at the earliest.
HSBC has acquired the stake from E*Trade Mauritius ( 43.85 per cent) and an additional 29.36 per cent stake from IL&FS. In addition, HSBC has paid a non- compete fee of Rs 82.45 crore ($19.4 million) for a three-year period to IL&FS.
Overseas direct investment by Indian companies fell by over 53 per cent year-on-year to $1.16 billion in July 2014, as per RBI data.
Focussing its attention on technology and, research and development based outsourcing, HCL BPO will open an offshoring centre in Pondicherry in 2006
Sitaram Yechury, politburo member of CPM, on Friday warned the government against market volatility and FII activity.
British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.
Oracle Corporation on Monday said it has acquired 28.03 per cent shareholding in i-flex as against the proposed 34.89 per cent in the open offer to shareholders of banking software solutions company.
Pharma major, Dr Reddy's Laboratories Ltd on Wednesday said it will form an integrated drug development company 'Perlecan Pharma Pvt Ltd' with an equity capital of $52.5 million from two venture capital investors.
If the aviation ministry has its way, your air travel is likely to get costlier.
The Enforcement Directorate has issued summons to former Indian Premier League boss Lalit Modi in connection with an alleged money-laundering case registered against him in Mumbai.
Oracle Corporation's intentions to acquire an additional 35 per cent stake in i-flex Solutions may fail as its public offer did not meet with an adequate response
Prime Minister Narendra Modi's proposed visit to Maldives on March 15 is under shadow because of troubled situation in the island nation after the arrest of former President Mohamed Nasheed earlier this week.