FE interest to swell India kitty by $8 b India is likely to gain $7-8 billion this year on surplus foreign exchange reserves invested by the Reserve Bank of India in central banks of other countries and International Monetary Fund (IMF), thanks to hardening global interest rates..
SEZ investment to cross Rs 1,00,000 cr Union Commerce Secretary G K Pillai, on Monday, said the investment in Special Economic Zones (SEZs) across the country is likely to cross the Rs 1,00,000 crore mark by 2008..
Barclays raises ABN offer to $93 billion The offer is still below a rival 71 billion-euro bid from a group of European banks led by Royal Bank of Scotland (RBS). A deal with either Barclays or the RBS team, would be the biggest ever bank takeover..
Mandatory PAN for MFs is bit unfair, says AMFI While Permanent Account Number is not mandatory across the financial sector, mutual fund investors must quote their PAN, which the Association of Mutual Funds in India (AMFI), the apex body of the industry, said was a clear case of discrimination..
ONGC mulls buying US listed oil firm Oil and Natural Gas Corporation (ONGC) is mulling takeover of US-listed oil firm Transmeridian that has 211-million-barrel reserves in Kazakhstan..
