Investment

CCI gives green channel approval The Competition Commission of India (CCI) has approved on 3 Mar 2020 Brookfield Group’s BCP V Multiple Holdings Pte Ltd acquisition of 40% paid up equity share capital of NBFC IndoStar Capital Finance Limited under...

Buy signals for SBI Card The SBI Cards and Payment Services IPO will give the listing gains for the short-term despite a higher valuation, according to market experts. In the long-term, the stock could continue to command rich multiples, since...

PKVY promotes organic farming The Indian agricultural machinery market is poised to grow by US$3.73 billion during 2020-2024, progressing at a CAGR of more than 8% during the forecast period, said Technavio which has monitored the market since 2014. The...

Going extra mile for UK-India businesses The UK India Business Council (UKIBC) has started delivering on its “Access India Programme” in partnership with the High Commission of India (HCI) in London by bringing technology-savvy Small and Medium Enterprises to India....

Nolan sees strong demand Student.com, the student accommodation marketplace, has opened an office in Bangalore to provide a free service to Indian students looking to study abroad. The team in the Bangalore office has been assembled, said Student.com on 2...

India lacks high-quality living options Chicago-based Equity International (EI), Sam Zell’s investment firm focused on building businesses globally since 1999, has announced an investment in Stanza Living, India’s largest student housing and shared living operator. The investment is part of...

Disinvestment time depends on market The policy of disinvestment of minority stake without transfer of management control is being followed through various SEBI-approved methods such as Initial Public Offer (IPO), Offer for Sale (OFS), Buyback of shares and Exchange Traded...

Survey notes renewed confidence Aspiring homebuyers now considers real estate safe and viable for investment, especially taking into consideration of multiple policy interventions and tax concessions for the real estate sector over the last six months, according to a survey...

Minister chairs Port Review Meeting Detailed discussions were held on developing India as ‘trans-shipment hub’ and Vision-2030 for Maritime Sector, said the Shipping Ministry on 1 Mar 2020. The three-day discussions focused on improving the performance of the Major Ports,...

GIC Re to elevate growth AM Best of the United States has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of General Insurance Corporation...