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No red tape, only red carpet: CM Fadnavis hard sells Maharashtra to US investors

Jun 30, 2015

No red tape, only red carpet: CM Fadnavis hard sells Maharashtra to US investors

Projecting Maharashtra as the land of "immense opportunity", Chief Minister Devendra Fadnavis has made a strong pitch for investments in the state, assuring American investors of a business-friendly environment and "red carpet" instead of "red tape". #NewsTracker #Maharashtra #New York #Devendra Fadnavis #American investors
Hyderabad Angels plans to invest Rs 6 crore in five start-ups

Jun 29, 2015

Hyderabad Angels plans to invest Rs 6 crore in five start-ups

PS Sreekanth, Investment Director, said, "We have invested Rs 15 crores across 11 start-ups in the last four years. " #chairman #Hyderabad ANgels #network of investors #Pradeep Mittal #start-up growth in Hyderabad #accelerators and incubators
Vedanta to be accountable for Cairn's $3.2 bn tax demand: Moody's

Jun 15, 2015

Vedanta to be accountable for Cairn's $3.2 bn tax demand: Moody's

The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy. #Business #Delhi High Court #Vedanta Resources #CompanyWatch #EBITDA #Moody's Investors Service #Cairn India #I-T Department #Anil Agarwal
Sensex ends up 359 pts: Advantage India as inclusion of China shares in MSCI delayed

Jun 10, 2015

Sensex ends up 359 pts: Advantage India as inclusion of China shares in MSCI delayed

Market breadth ended upbeat with 1,702 stocks advancing against 939 declines on BSE. #Sensex #nifty #BSE #foreign investors #MSCI index
Mumbaikars, please don't expect a major appreciation on your property in the next two years

May 20, 2015

Mumbaikars, please don't expect a major appreciation on your property in the next two years

Dont expect a major appreciation on your property in the next two years; returns on property likely only from the third year #Mumbai #home buyers #investors #HNI #Real estate
Govt bonds over-subscribed; FIIs put in bids worth Rs 6,657 cr

May 18, 2015

Govt bonds over-subscribed; FIIs put in bids worth Rs 6,657 cr

The earlier auctions for government debt securities have always been over-subscribed multiple times, given the huge interest among foreign investors for these bonds. #NewsTracker #markets #Foreign institutional investors #Bonds #National Stock Exchange
Rs 200 cr gift to employees: Is Housing.com CEO Rahul Yadav the monk who sold his Ferrari?

May 14, 2015

Rs 200 cr gift to employees: Is Housing.com CEO Rahul Yadav the monk who sold his Ferrari?

While the 'gift' could serve as a temporary motivation factor for Housing.com's employees who might be concerned about their future in this uncertain startup, it should also be noted that in most cases, when a founder decides to leave a company, his share is transferred back to the ESOP pool. Is this 26-year old CEO really willing to lose it all and start afresh or is there more to it than meets the eye? #investors #SoftBank #ESOP #Rahul Yadav #Housing.com CEO
Relief for FIIs: MAT assessments, fresh notices put on hold for now

May 12, 2015

Relief for FIIs: MAT assessments, fresh notices put on hold for now

In another bid to assuage concerns of foreign portfolio investors slapped with MAT demand, the government today put on hold issuance of fresh notices and any further assessments on levy of this tax on such entities #FIIs #CBDT #FII #foreign investors #Tax Demands
Sebi makes another attempt to locate Sahara investors eligible for refunds

May 04, 2015

Sebi makes another attempt to locate Sahara investors eligible for refunds

There is no specific deadline as yet in the latest attempt by Sebi, which has been asked by the Supreme Court to refund money collected from the bondholders of Sahara India Real Estate Corp (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL), after verifying the credentials of the investors. #SEBI #Sahara #investors #PAN