China Trumps U.S. For Foreign Investment

The approval would result in foreign investment of Rs.10,000 crore (approximately) in the country.

InterAksyon.com means BUSINESS MANILA Former ambassador Alfredo Yao is entertaining several foreign banks for the possible sale of a part of Philippine Business Bank (PBB). Yao, who chairs PBB, last week said the thrift bank is in talks with ...

Mumbai: The Reserve Bank of India (RBI) has allowed foreign investors to have 100 per cent holding in chemical products distributor Veritas (India) Ltd. The raising of foreign investment limit to 100 per cent follows passage of a special ...

MUMBAI, Jan 29 (Reuters) - The Reserve Bank of India is expected to extend the time frame for settling government bond trades to two days from one day for foreign institutional investors starting in April, two sources aware of the plans told ...

[MUMBAI] India is not ready for opening its capital account fully to foreign investors at this point in time as the pros and cons of such liberalisation are a "contentious issue", central bank deputy governor H R Khan said. Currently, India ...

at 10:00 IST on BSE after the Cabinet approved share issue aggregating to an amount of Rs 10000 crore to foreign investors subject to aggregate foreign shareholding not exceeding 74%. The Cabinet Committee on Economic Affairs made announcement ...

Brokerages are bullish on the private bank calling it a positive move. Jefferies maintains a buy rating on the stock with an increased rating of Rs 1255 per share.

Moody's Investors Service has today downgraded the long-term local and foreign-currency deposit ratings of SB Bank (formerly Sudostroitelny Bank , Russia ) to Ca from Caa1. The downgrade primarily reflects the substantial liquidity pressure on the ...

China has cut red-tape for foreign bank branch openings and entry into renminbi business, state media said on Saturday, the latest in a series of measures to liberalise the banking sector. The cabinet revised existing rules on Saturday, abolishing the ...