Yes Bank plans to raise up to Rs 3,000 crore by Sept
Private sector lender Yes Bank plans to raise up to Rs 3,000 crore in tier-II or non-equity capital by September this year, a top official said on Monday.
Jan 13, 2015, 00:50 AM ISTVibrant Gujarat Summit: Companies sign 21,000 MoUs to invest Rs 25 lakh crore
This is more than double the investment amount committed during the last edition of the Summit in 2013 at Rs 12 lakh crore (with 17,000 MoUs) and is over ten-times the investment committments announced at the recently held West Bengal Global Business Summit.
Jan 12, 2015, 22:18 PM ISTBofAML sees $100 billion forex debt raising by India Inc in 2 years
Bank of America Merrill Lync (BofAML) India head has predicted a five-fold rise in forex debt raising by domestic corporates to a record USD 100 billion over the next two years.
Jan 12, 2015, 21:25 PM IST'25% of Tata's power generation can be from renewable sources'
Identifying renewable energy as critical for national infrastructure strength, Tata Group Chairman Cyrus Mistry Monday said up to 25 percent of the conglomerate's power generation could be from renewable resources.
Jan 12, 2015, 21:08 PM ISTEconomy needs $800 billion annually for 7% growth: Adia
India needs USD 800 billion (Rs 50 lakh crore) annually if the economy is to grow at 7 percent, Financial Services Secretary Hasmukh Adia said Monday.
Jan 12, 2015, 20:48 PM ISTSignificant investment pick-up soon; reverse flow checked: FM Jaitley
Jaitley also took a dig at the opposition parties for criticising the government on its "quick decisions", referring to the Ordinance route adopted for passage of key reforms.
Jan 12, 2015, 20:42 PM IST'Indo-Polish trade potential at $10 billion'
Considering a growth of 16 percent in Indo-Polish trade over the last year, it could potentially grow from the current level of USD 2 billion to USD 5 to 10 billion in near future.
Jan 12, 2015, 20:41 PM ISTChandigarh may be the first Indian smart city
Chandigarh could be the first Indian smart city as the government moves to create many hi-tech cities in the country.
Jan 12, 2015, 19:44 PM ISTLIC will consider all investment options
Ahead of major disinvestments expected in the comping days, country's largest investor LIC Monday said it will consider all investment offers that come its way and take advantage of opportunities.
Jan 12, 2015, 19:27 PM ISTAdani to invest Rs 20,000 crore in Gujarat ports in next 5 years
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tonnes per annum by 2020.
Jan 12, 2015, 18:59 PM ISTIndia bright spot in global economy; caste-bias a concern: Jim Yong Kim
World Bank Sunday said India can grow at 6.4 percent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede prosperity.
Jan 11, 2015, 16:44 PM ISTVibrant Gujarat Summit 2015: Indian, foreign cos announce huge investments
While Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses, Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.
Jan 11, 2015, 15:02 PM IST