Govt clears 15 FDI proposals

The finance ministry on Friday said it has approved 15 foreign investment proposals totalling Rs 2,000.5 crore (Rs 20 billion) and recommended two FDI applications, including that of US drug major......

'Pressure on Asian currencies will continue'

The rupee’s slide against the dollar has sent the markets in a tizzy. Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland,......

After ONGC, Coal India set to frack in India

After Oil and Natural Gas Corporation Ltd, it could be the turn of Coal India Ltd, another public sector undertaking, to taste shale gas in Indian soil.The Kolkata-based coal miner has tied up with......

Investors home in on water management

Though the roads and power portfolios have disappointed private equity (PE) investors, other essential public utilities such as water remain an attractive area.Recently, CLSA Capital Partners, a......