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Foreign cos pulling more money out of India-Nomura
MUMBAI, May 25 (Reuters) - Foreign direct investment, the sort of sticky long-term money India craves to fund its current account deficit and build up its infrastructure, may not be so stable after all. According to a Nomura report, multinational companies have been pulling money out of India at an accelerating rate, moving $10.7 billion out of the country in 2011, up from $7.2 billion in 2010 and
MUMBAI, May 25 (Reuters) - Foreign direct investment, the sort of sticky long-term money India craves to fund its current account deficit and build up its infrastructure, may not be so stable after all. According to a Nomura report, multinational companies have been pulling money out of India at an accelerating rate, moving $10.7 billion out of the country in 2011, up from $7.2 billion in 2010 and
Deals of the day -- mergers and acquisitions
May 25 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday:
May 25 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday:
Hong Kong shares seen higher, but set for third weekly loss
- Hong Kong shares were set to start higher on Friday, tracking gains on Wall Street, but the benchmark Hang Seng Index is set for a third-straight weekly loss.
- Hong Kong shares were set to start higher on Friday, tracking gains on Wall Street, but the benchmark Hang Seng Index is set for a third-straight weekly loss.
Hong Kong shares to open up 0.4 pct, HSBC higher
HONG KONG, May 25 (Reuters) - Hong Kong shares were set to open higher on Friday helped by a 1.2 percent jump for HSBC Holdings Plc, but the benchmark Hang Seng Index is poised for a third-straight
HONG KONG, May 25 (Reuters) - Hong Kong shares were set to open higher on Friday helped by a 1.2 percent jump for HSBC Holdings Plc, but the benchmark Hang Seng Index is poised for a third-straight
Canada, German firms eye Reliance Cap unit stake-paper
MUMBAI, May 25 (Reuters) - Canada's Intact Insurance and German insurer HDI-Gerling International Holdings have emerged as top contenders to buy 26 percent stake in the non-life insurance business
MUMBAI, May 25 (Reuters) - Canada's Intact Insurance and German insurer HDI-Gerling International Holdings have emerged as top contenders to buy 26 percent stake in the non-life insurance business
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