Industrial Finance Corporation Of India
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CBI Files Fresh Case Of Cheating Against Fugitive Mehul Choksi
The Central Bureau of Investigation (CBI) has registered a fresh case against fugitive diamantaire Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI).
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Indian-Origin Business Chief Vindi Banga To Chair UK Government Agency
Indian-origin business and industry veteran Vindi Banga has been appointed as Chair of the UK Government Investments (UKGI), the government's centre of expertise in corporate finance and governance and an arm's length body of the Treasury department.
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"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
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Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
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Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
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New Reforms Will Help India Be Global Investment Destination: US Industry
Hailing the slew of announcements made by Union Finance Minister Nirmala Sitharaman, the US corporates said on Friday that the comprehensive set of proposed reforms will provide needed stimulus for the economy and further strengthen India's position as a global investment destination.
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Hyundai Plans To Invest Rs 7000 Crore In India
Hyundai Motor India Limited (HMIL) will sign a Memorandum of Understanding (MoU) with the Tamil Nadu government in January 2019 for expanding its current production facility in the state. The Korean carmaker is planning to invest Rs. 7000 crore in India. The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo, vice-pres...
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If Exemptions End, Corporate Tax Can Be Reduced To 25%, Says Arun Jaitley
It would not be proper to end exemptions midway as some industries may have been set up based on them, said the finance minister.
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Maharashtra to Develop 21 Airports: Maharashtra Finance Minister Sudhir Mungantiwar
The Maharashtra government plans to develop at least 21 small airports in a phased manner as part of its 'Make In Maharashtra' campaign within four years so that commercial air services can be started, Maharashtra Finance Minister Sudhir Mungantiwar said in Mumbai on Monday.
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Supplementary charges filed in Emaar township case
The Central Bureau of Investigation (CBI) on Monday filed an additional set of formal charges in the Emaar- APIIC (Andhra Pradesh Industrial Infrastructure Corporation) township case in a court. Businessman Sunil Reddy, said to be an aide of YSR Congress party leader YS Jaganmohan Reddy, and Emaar MGF finance head (south) GV Vijaya Raghav have been...
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CBI Files Fresh Case Of Cheating Against Fugitive Mehul Choksi
The Central Bureau of Investigation (CBI) has registered a fresh case against fugitive diamantaire Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI).
-
Indian-Origin Business Chief Vindi Banga To Chair UK Government Agency
Indian-origin business and industry veteran Vindi Banga has been appointed as Chair of the UK Government Investments (UKGI), the government's centre of expertise in corporate finance and governance and an arm's length body of the Treasury department.
-
"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
-
Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
-
Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
-
New Reforms Will Help India Be Global Investment Destination: US Industry
Hailing the slew of announcements made by Union Finance Minister Nirmala Sitharaman, the US corporates said on Friday that the comprehensive set of proposed reforms will provide needed stimulus for the economy and further strengthen India's position as a global investment destination.
-
Hyundai Plans To Invest Rs 7000 Crore In India
Hyundai Motor India Limited (HMIL) will sign a Memorandum of Understanding (MoU) with the Tamil Nadu government in January 2019 for expanding its current production facility in the state. The Korean carmaker is planning to invest Rs. 7000 crore in India. The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo, vice-pres...
-
If Exemptions End, Corporate Tax Can Be Reduced To 25%, Says Arun Jaitley
It would not be proper to end exemptions midway as some industries may have been set up based on them, said the finance minister.
-
Maharashtra to Develop 21 Airports: Maharashtra Finance Minister Sudhir Mungantiwar
The Maharashtra government plans to develop at least 21 small airports in a phased manner as part of its 'Make In Maharashtra' campaign within four years so that commercial air services can be started, Maharashtra Finance Minister Sudhir Mungantiwar said in Mumbai on Monday.
-
Supplementary charges filed in Emaar township case
The Central Bureau of Investigation (CBI) on Monday filed an additional set of formal charges in the Emaar- APIIC (Andhra Pradesh Industrial Infrastructure Corporation) township case in a court. Businessman Sunil Reddy, said to be an aide of YSR Congress party leader YS Jaganmohan Reddy, and Emaar MGF finance head (south) GV Vijaya Raghav have been...
