Investment

Millennials are key drivers A majority of 1,910 participants (~48%) in an ANAROCK survey to gauge housing market sentiment in COVID-19 times chose real estate as their preferred investment asset class. Of these, 59% of intending buyers are end-users, writes...

London discusses CBILS details The Economic Team at the High Commission of India in London is ready to assist businesses across the United Kingdom, High Commissioner Ruchi Ghanashyam has assured. "We are finding new ways of working and organising efforts...

Modification proposal by Canary and Link II The Competition Commission of India (CCI) has approved the acquisition of less than 5% shareholding in Intas Pharmaceuticals Limited by Canary Investments Limited and Link Investment Trust II, under Section 31(1) of the...

BP takes 49% RBPML The Competition Commission of India (CCI) has approved Proposed Combination between BP Global Investments Limited (BP Global) and Reliance BP Mobility Limited (RBPML) under Section 31(1) of the Competition Act, 2002. The Proposed Combination, approved on...

Strengthen sector with global investors The Electronics Industry has been urged to explore the new opportunities that are arising out of the adversity during the COVID-19 and make India a global hub of electronics manufacturing. Making this call, Minister of...

Policy liberalized with conditions While the Central Government is mulling over liberalizing foreign investment into insurance companies as well, the liberalization of the insurance intermediation is expected to boost foreign investment into the sector significantly, according to Abhinav Harlalka and...

FICCI seeks fiscal support for industry Chief Minister Bhupesh Baghel has called on the industry to invest in his state Chhattisgarh, assuring that all necessary steps will be taken to allow the industry to function. Addressing a special session via...

EBITDA’s role in commercial negotiations Following the impact of COVID-19 on equity and M&A deals in the offing, adjustments to EBITDA are likely to become one of the most negotiated points in a deal, believe Saumya Ramakrishnan and Ruchir Sinha...

RBI reassures retail investors The Rs.50,000 crore Special Liquidity Facility by the RBI to ease redemption pressure on Mutual Funds (MF) in the face of Covid-19 crisis would not only restore confidence in the MF industry but also ensure financial...

Proposal seeks contract manufacturing HIL (INDIA) limited, a CPSU under the Department, is inviting agro-chemical manufacturers from China, Japan and South Korea business tie-ups such as contract manufacturing or plan-on-lease arrangement. HIL has sent proposals through Indian Embassies and Missions...