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India
Sebi to strengthen market monitoring system, rope in IT firm
Markets regulator Sebi plans to beef up its market surveillance system with additional resources for which it is looking to rope in an IT firm to provide experienced workforce. The IT service provider would be contracted by Sebi for a period of three years, which can be later extended for ...
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India
Tata Motors seeks image rebirth with Messi-endorsed Zica hatchback
Tata Motors will be reborn this month with a curvaceous hatchback far removed from the low-cost, boxy models often associated with taxis, kicking off an image-centred strategy for a brand with newly global aspirations. The Zica will be followed over the next three years by more hatchbacks and SUVs.
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India
Dubai’s Abraaj Group to buy majority stake in India’s CARE Hospitals
Abraaj Group, a Dubai-based private equity investor, said on Wednesday it plans to buy a majority stake in Quality CARE India Ltd, which runs CARE Hospitals, from global PE firm Advent International, marking the emerging markets-focused firm's latest investment in India.
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Cina
China December exports, imports fall much less than expected after yuan slides
China's total trade fell in December but far less than expected, with exports outperforming many of its regional peers after the country let the yuan depreciate sharply, highlighting fears of a currency war among Asia's trade-reliant economies.
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India
Coal India plans biggest technology overhaul to check rampant theft
Coal India Ltd is making its biggest tech overhaul in four decades to check rampant theft and shed its image as an inefficient behemoth, spurred by an impending opening up of the sector to private players for the first time since the 1970s.
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India
Rupee gains 6 paise against dollar in early trade
The rupee recovered by 6 paise to 66.80 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
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India
MMRDA likely to struggle to meet MTHL tender deadline
MMRDA may have to struggle to meet its March deadline to launch the tender process for the Rs 11,500-crore Mumbai Trans Harbour Link project
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India
Maharashtra to roll out port policy by end of January
In a bid to improve trade traffic via ports, Maharashtra government is coming up with a port policy by end of January
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India
India to complete stalled projects in Syria
The assurance was given yesterday by Sushma Swaraj with the Syrian Deputy PM and Minister of Foreign Affairs Walid al-Moallem
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Estonia
New low on Baltic Dry Index could bring Indian Ocean trade to a halt
A fresh low of 402 levels on the Baltic Dry Index (BDI) today (Jan12) may bring trade across the Indian Ocean--Asia Pacific market virtually to a standstill on the back of postponement of trade contracts and strong aversion to get into long-term ...