E-retailer Flipkart has signed a memorandum of understanding with the labour ministry for short-term training of its new employees.
Hindustan Times is offloading 20 per cent of its equity to Henderson Global Investors, an Australian private equity fund, in the first formal proposal for foreign direct investment in the print media in the news and current affairs sector.
Amendment to the Income Tax Act with retrospective effect made by the United Progressive Alliance government in 2012 to protect revenue had evoked sharp reactions from domestic as well as global investors.
The power minister briefed the investors on various steps undertaken by the government.
Once the confidence in the new government policy start rising, markets may witness fresh investments from global investors. But it will definitely take some time.
Over the past two months, equity markets around the globe have felt the tremors of high levels of uncertainty evident from the weakness seen in them
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
In 7 days, the index has gained 1,359.23 points.
Help came from Sanjeev Bikchandani, founder and executive vice-chairman of Info Edge, the main investor in Zomato.
Karnataka is currently the second largest recipient of foreign direct investment in India, as it approved 934 FDI proposals worth Rs 7826 crore (Rs 78.26 billion) during this year.
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
Flipkart co-founders Sachin Bansal and Binny Bansal, who were ranked 86th last year dropped out of the list
The Global Investor Meet planned in Kochi on January 18 and 19 "is the first ever attempt to showcase Kerala as an ideal investment destination," Chief Minister A K Antony said
This weakness is likely to continue in the near-term.
Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
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