New Delhi : The Securities and Exchange Board of India (SEBI) on Friday allowed mutual funds (MFs) and portfolio managers to invest in commodity derivatives to strengthen the market offerings and attract more players. "The Board deliberated and approved the proposal...
San Francisco : US online retail giant Amazon is leading a $700-million funding round for electric truck startup Rivian Automotive, Rivian has said. The latest funds will help produce its first all-electric vehicles -- the R1T pickup truck and the seven-seat R1S SUV,...
Mumbai : Capital markets regulator SEBI on Monday granted relaxation to non-residents from furnishing PAN card details to transfer equity shares to their immediate relatives subject to conditions. According to the SEBI, many non-residents such as Non-Resident Indians...
Greater Noida : Prime Minister Narendra Modi on Monday said that the world has seen crude prices on a roller-coaster ride for too long and there was a need to move to responsible pricing which balances the interests of both the producer and consumer. Addressing the...
By Bappaditya Chatterjee, Kolkata : Targetting 300 million kg of exports by 2020, tea planters have told the government that the key to this lies in incentivising production of orthodox (full leaf) tea and boosting the Merchandise Exports from India Scheme (MEIS). "We...
New Delhi : D Day has arrived yet again for Reid & Taylor at the National Company Law Tribual (NCLT), with its next hearing slated for February 5 in Mumbai. This is when the fate of the latest bidder Indian Gas Ltd will be decided. During the hearings, the NCLT...
World Halal Day 2019 to be celebrated in Russia - Samara The annual event is to be celebrated in Samara region, Russia to boom the economic upswing of investment, trade, infrastructure, livelihood and tourist attraction in the Volga region together with the...
Shimla : Nabard has sanctioned Rs 418.02 lakh to state-run Himachal Pradesh Horticulture Produce Marketing and Processing Corp (HPMC) under the Warehousing Infrastructure Fund for construction of controlled atmospheric store in Chamba district, it was announced on...
Paris : In a bid to define the banking industry's role and responsibilities in shaping a sustainable future, the UN Environment Finance Initiative (UNEP FI) and 28 banks from around the world have together developed a roadmap for responsible banking to take forward...
New Delhi : India Resurgence Fund (IndiaRF), a joint venture of Piramal Enterprises and Bain Capital Credit, on Monday said it has invested $156 million in Chennai-based Archean Group's marine chemicals business. IndiaRF said in a statement that it has invested...