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Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

IHH Healthcare wins race for Fortis, to invest Rs 4,000 cr

Malaysian firm will make a mandatory open offer to public shareholders for 26 pc of the outstanding shares post...

13 July 2018 8:49 AM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Mutual fund inflow rises 43 pc to Rs 1.4 lakh cr in Q1: Amfi

According to the data, investors poured in a net of Rs 1,33,903 cr in MF schemes in first quarter of ongoing fiscal.

12 July 2018 3:00 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

Migsun to invest Rs 500 cr on housing project at Greater Noida

The GST rate has also been lowered at 8 per cent for affordable housing projects.

7 July 2018 1:52 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC posts 33 per cent increase in investment profits

As at March 31, 2018, LIC balance sheet increased to Rs 27.91 lakh crore compared to Rs 25.29 lakh crore.

4 July 2018 9:03 AM IST

German car major Volkswagen (VW) today said it has appointed Bishwajeet Samal as marketing head for India operations with effect from June this year.

Volkswagen to invest Rs 7,900 crore in India

Company would not only double the dealerships across the country but also sell 400 cars annually.

3 July 2018 11:06 AM IST

Billionaire Mukesh Ambani.

Ambani says slowdown in India temporary, reforms undertaken to reverse...

The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

29 Oct 2019 5:55 PM IST

Commerce and Industry Minister Piyush Goyal.

India's open FDI policy offers conducive environment for Swedish...

Goyal also invited all companies to come forth with new and innovative technologies for the India Railways.

24 Oct 2019 8:53 AM IST

At present, to obtain a fuel retailing license in India, a company needs to invest Rs 2,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas (LNG) terminals.

Govt eases rules for setting up petrol pumps, allows non-oil cos in...

Companies with a net worth of Rs 250 crore will be allowed to sell petrol and diesel.

24 Oct 2019 8:44 AM IST

One such product that can provide a life cover and help you create substantial wealth is Bharti AXA Life Future Invest Plan.

Is Bharti AXA Life Future invest a good investment plan?

Bharti AXA's Future Invest Plan is a Linked Limited Pay Life Insurance Plan that offers a host of benefits.

22 Oct 2019 11:45 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs pour in Rs 5,072 cr into Indian capital markets in October so far

The markets are extending gains in the hopes of better quarterly results.

21 Oct 2019 11:39 AM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

Forex kitty nears USD 440 billion; touches fresh-life high

The country's reserve position with the Fund also increased by USD 7 million to USD 3.623 billion, the data showed.

19 Oct 2019 1:12 PM IST

The International Monetary Fund (IMF) on Wednesday approved a USD 6 billion loan for Pakistan. (Photo: AFP)

'Positive impact on investment': IMF supports India's corporate tax...

IMF said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions.

19 Oct 2019 8:46 AM IST