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FDI proposals drop after multi-brand flip flop
The value of foreign investments sought in December 2011 dropped to a fourth of those in November 2011. That’s quite a contrast with the continuous increase in the value of FDI proposals reaching the Foreign Investment Promotion Board (FIPB) in the finance ministry after July 2011. This may not be coincidence, point out analysts, as the level of FDI requests fluctuated with some key policy announcements. Analysts

Sun Pharma arm opts for rights issue to conduct clinical trials in US

In the first initiative of its kind, Sun Pharma Advanced Research Company (SPARC) will issue additional shares to its existing shareholders to raise funds to conduct clinical trials in the

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Five Indians held in Ghana
, Feb 19 (IANS) Five Indians and 31 other foreigners were arrested in Ghana for flouting investment laws, the authorities said.

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Tax planning? Invest in long-term instruments

Everyone dreams of a comfortable retired life. However, fulfiling this dream is not that easy. Higher standards of living, loan repayments, responsibilities towards children (like education) and a

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Money fund assets fall to $2.659 trillion
Total U.S. money market mutual fund assets rose $2.86 billion to $2.659 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.

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GM posts its highest profit ever: $7.6 billion

Just two years after it was rescued and reconstituted through bankruptcy and a government bailout, General Motors Co. cruised through 2011 to post the biggest profit in its history.

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