International Finance Corporation, the private sector arm of the World Bank Group, will provide a loan of $50 million to Larsen & Toubro, one of India's largest engineering and construction companies.\n\n\n\n
International Finance Corporation, which plans to hike its India exposure to $1.5 billion by 2007, is eager to invest in the equity of special economic zones, including the Rs 4,950 crore (Rs 49.50 billion) Maha Mumbai SEZ.
Citicorp International Finance Corporation plans to acquire 14.16 per cent stake in Monnet Ispat for Rs 35.27 crore (Rs 352.7 million) to partly fund expansion of the company's Raigarh unit manufacturing sponge iron and mild steel.
Offshore rupee debt was likely to attract good demand
World Bank on Wednesday warned that a prolonged war in Iraq may adversely affect India's GDP growth prospects in this fiscal.
The International Finance Corporation, the private sector arm of the World Bank, has signed a $40 million loan agreement with Calgary-based Niko Resources Limited for expansion of its production base in Gujarat.\n\n\n\n
The Housing Development Finance Corporation has signed an agreement with the International Finance Corporation for a loan for $200 million, the company said in a statement on Friday.
Expectations are high. There is a little bit of euphoria in India, says RBI governor.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
As PM talks of lower lending rates, housing companies prepare to cash in.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
Congestion on Mumbai roads has become chronic.
The Mumbai town planning agency has said it can't spare land in the commercial BKC area for a terminal due to demand from private firms
Anti-Corruption Commission rules out graft.
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
Amid India slipping to 134th spot in the ease of doing business ranking of 189 nations, Planning Commission member Arun Maira on Tuesday said "merely making comparisons" is not enough to improve business conditions.
Bandhan Financial Services, which was given a banking licence on Wednesday, hopes to come up with a unique business model, with a mix of doorstep and retail banking.
The depreciation in the yuan has led to a decline in all emerging market currencies
Of the 80 new appointments, 51 women are becoming directors.
IFC will act as a transaction advisor for the projects to be developed in the public-private partnership mode.
It takes nearly four years on an average to resolve a commercial dispute in India, making the country the world's third worst place on this front.
Bandhan financial Services will raise funds via internal accruals.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
The concept of social security is experiencing a renaissance in developing and emerging markets.
Airports and hotels are among the smartest buildings.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
States to give choices, Centre to decide by year-end.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
Modi government must fix policy paralysis.
'We are by no means anywhere nearing having external financing difficulties or internal financing difficulties. The government's credit is solid, there is absolutely no difficulty for the government in borrowing and it is borrowing effectively from the public today in a fairly free public debt market,' the RBI governor tells a meeting in Washington, DC
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
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