A large number of Indian companies are vying to list their shares on foreign exchanges, particularly in the US, on the back of the successful listing of BPO major WNS on the New York Stock Exchange.
Earlier, Indian companies had to give justification to the RBI why they wished to establish presence abroad and explain what its impact would be and also provide business plans.
The Board of Governors of the Indian Institute of Management, Bangalore, on Friday gave its approval to start the process of amendment of its Memorandum of Association to facilitate expansion of its activities outside India.
"Three acquisitions are underway in India and another two abroad," M&M vice-chairman and managing director Anand Mahindra said at the Tenth Asia Pacific Automotive Industry Roundtable.
Fourth largest software exporter from India, Satyam Computer Services on Thursday said it would expand its global footprint by opening more delivery centres and sales offices overseas.
"Cash is still quite high in the system. There is also stocking of Rs 2,000 notes in evidence. The expansion of digital payments is taking place all over the world. It is happening in India as well. The pace is much slower," S C Garg, who took VRS from government service after he was abruptly shifted out of the finance ministry, said in a note.
Factory growth picked up in May.
According to the "do's and don'ts" issued by the ministry of home affairs, children below 13 years and elderly persons of about 75 years and above will have to travel in groups. Eco-friendly material, preferably cloth bags, should be used during the pilgrimage and the surroundings should be kept clean.
Punjab National Bank has embarked on a five-pronged strategy for improving its financial position to become the 'best bank' in the country.
State-owned Oil and Natural Gas Corp plans to invest over Rs 130,000 crore (Rs 1300 billion) during 11th Plan Period (2007-12) in domestic oil and gas hunt, overseas acquisition and expansion of Mangalore refinery.
As part of its major expansion plans overseas, pharma major Wockhardt Ltd has set up joint ventures in Mexico and South Africa and established a wholly-owned subsidiary in Brazil.
Taking advantage of liberalised norms for external commercial borrowings to raise upto $500 million through the automatic route, Sunil Mittal-promoted Bharti Group is planning to tap the overseas market next fiscal.
Describing it as 'a very powerful order' Trump told reporters during his daily news briefing at the White House on Wednesday that he signed the order to protect American workers' jobs in an economy pummelled by the COVID-19 pandemic.
After creating a niche for itself by making the country's only electric car, Reva Electric Car Company is all set to raise about Rs 70 crore (Rs 700 million) through private equity infusion to fuel its expansion into other segments like mini-buses an
Chennai-based Ma Foi Management Consultants on Tuesday said it would open seven new overseas subsidiaries by June 2005 as part of its expansion plans.
6 post offices have been identified for the pilot stage.
Byju's acquires licences of hundreds of characters from Disney; to use cartoon characters to teach math, science.
The survey showed firms passed on a greater cost burden to consumers. Prices charged rose at their fastest pace since October.
The bank's branch expansion and recruitment have been curtailed.
My NPAs are reducing and recovery is going up. This will help us to augment our revenue, says R Subramaniakumar of IOB.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
Gold prices maintained its upward journey for the second day with a gain of another Rs 180 to Rs 27,300 per 10 gm on Monday.
Pakistan will allow 5,000 Indian pilgrims to visit the gurdwara every day using the planned corridor, and the numbers could be more on special occasions.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
If Donald Trump moves into the White House and his family continues to receive any benefit from the company, during or even after his presidency, almost every foreign policy decision he makes will raise serious conflicts of interest and ethical quagmires, says Newsweek.
The minister plans to reinstate the Railways as the backbone of the economy
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
On the profitability front, Crisil foresees a 0.5 per cent basis points y-o-y jump in EBITDA (operating profit) margins in Q2 FY15.
The move would help insurance firms to get much needed capital from overseas partners.
The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
