Dell keen to invest in India: Prasad

The investor perception about India is changing

New Delhi: A day after Chinese e-commerce giant Alibaba’s commitment to invest more in India, American technology giant Dell expressed its keenness to invest in the country, Communications and IT Minister Ravi Shankar Prasad said on Thursday. The investor perception about India is changing “President @Dell Inc. Asia Pacific Amit Midha met More...

by IANS | Published 7 hours ago
It is important that Chinese companies come to invest in India because the trade imbalance is unsustainable in the long run
By Indileak Web Desk On Wednesday, November 26th, 2014
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Indian, Chinese businessmen sign $2.4 bn trade agreements

New Delhi: Indian and Chinese businessmen on Wednesday signed agreements worth over $2.4 billion at the Zhejiang China-India Business Cooperation Conference to strengthen the bilateral trade relationship. It is More...

The investment in the next tranche will be at a future valuation
By IANS On Wednesday, November 26th, 2014
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Japan’s Nippon to hike stake in Reliance asset management arm

Mumbai: Japan’s Nippon life has decided to increase its stake in the asset management company of Anil Ambani-led Reliance Capital to 49 percent from 26 percent, taking its valuation to $1.2 billion, the company More...

The company said that 2014 has been immensely satisfying year for it with several new product launches
By Indileak Web Desk On Tuesday, November 25th, 2014
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Mercedes-Benz launches new C-Class

New Delhi: German luxury automobile manufacturer Mercedes-Benz on Tuesday launched the new generation version of its C-Class in India priced at Rs 40.90 lakh (ex-Showroom Delhi). The company said that 2014 has been More...

The new sedan is powered by the M TwinPower Turbo eight-cylinder petrol engine
By Indileak Web Desk On Monday, November 24th, 2014
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BMW launches petrol-powered M5 sedan

New Delhi: German luxury automobile manufacturer BMW on Monday launched the petrol-powered high-performance sedan M5 in India, priced at Rs 1.35 crore (ex-showroom). The new sedan is powered by the M TwinPower Turbo More...

The two-day conference comes against the backdrop of the first senior officials meeting between India and the 22-member league
By IANS On Sunday, November 23rd, 2014
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India to host 4th business conference with Arab League

New Delhi: Commerce Minister Nirmala Sitharaman will inaugurate the 4th India-Arab conference here on Wednesday to advance ties with a region so crucial for the country’s energy security besides accounting More...

The reserves had fell by $778.4 million to $315.13 billion for the week ended November 7
By IANS On Saturday, November 22nd, 2014
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India’s forex up $419 mn

Mumbai: India’s foreign exchange reserves grew by $419.4 million to $315.55 billion for the week ended November 14, Reserve Bank of India (RBI) data showed. The reserves had fell by $778.4 million to $315.13 More...

The said concession agreement was wrongfully repudiated by GoM and MACL and on November 29, 2012
By IANS On Friday, November 21st, 2014
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GMR claims $803 mn from Maldives for terminating airport deal

Hyderabad: GMR Male International Airport Private Limited (GMIAL), a subsidiary of India’s infrastructure major GMR Infrastructure Limited (GMR), has claimed $803 million (Rs 4,987 crore) in damages from the More...

The market value of the merged entity is estimated to be a whopping Rs.1 trillion (Rs 1 lakh crore)
By IANS On Thursday, November 20th, 2014
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Kotak Mahindra Bank, ING Vysya announce merger

Mumbai: Leading mid-size banks Kotak Mahindra Bank (KMB) and ING Vysya Bank Ltd on Thursday announced a merger in an all-stock deal to become the fourth largest private bank in the country after ICICI Bank, HDFC More...

What proactive steps to be taken to ensure NPAs come down have been discussed
By IANS On Thursday, November 20th, 2014
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Be proactive in credit support: Jaitley to PSU banks

New Delhi: Finance Ministry Arun Jaitley on Thursday told public sector banks to be proactive in credit support to projects expressing the hope that their level of bad debts would reduce as the economy picks up. What More...