In yet another attempt to lure foreign investors to invest in Indian retail sector through the foreign direct investment (FDI) route, the Indian Government is yet again planning to relax local sourcing and investment norms and has ...
Tags: Cabinet Note, FDI Norms
Standard Life is reportedly engaged in discussions with Newton Investment Management over a potential deal to acquire wealth management unit in a deal expected to be finalized around pound 90m. The deal is expected to be announced soon, ...
Tags: Standard Life, Newton Investment Management, wealth management unit
India’s Supreme Court has declined to alter its decision of changing Sistema‘s mobile licences for its mobile services joint venture, it was reported last week. The joint venture of the Russian conglomerate was one of several ...
Tags: India, Supreme Court, Sistema, mobile licences
Dutch financial conglomerate ING has agreed to dispose of its 26% stake in Indian joint venture (JV), ING Vysya Life Insurance Company, to its partner Exide Industries, for an undisclosed sum. As part of a previously disclosed divestment ...
India's auction of mobile spectrum has not attracted new foreign investors, reflecting growing uncertainty about investment policies in the country and the growth potential of its mobile market. Telenor and the Indian joint venture of NTT ...
US-based Northern Technologies International Corporation (NTIC), along with its Indian joint venture, Harita NTI has inked a memorandum of understanding (MoU) with Indian conglomerate, ITC to develop and commercialise new biopolymer paper ...
Tags: Green Packaging, consumer goods packaging, paper products
The government of India recently permitted 51% foreign direct investment (FDI) in multi-brand retail. However, when fibre2fashion spoke to a few leaders in the apparel and garment retail sector earlier, they admitted that the policy was not ...
Tags: FDI, foreign direct investment, multi-brand retail, PWC
US-based LED manufacturer Lighting Science Group, a global leader in its business, plans to enter the Indian market by September with an eye to grab 20% share of the market over three years. The company is in advanced talks with three ...
Tags: led chip