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Govt considering Sovereign Fund for coal
New Delhi, May 4 (IBNS) The Government is proposing to create a fund on the line of Sovereign Wealth Fund created in some countries for Overseas Coal acquisition, said Coal Minister Sriprakash Jaiswal on Friday.Though Coal India Limited (CIL) has surplus resources for investing outside, it is important to have financial support from the Government for acquiring very large assets abroad and bilateral
New Delhi, May 4 (IBNS) The Government is proposing to create a fund on the line of Sovereign Wealth Fund created in some countries for Overseas Coal acquisition, said Coal Minister Sriprakash Jaiswal on Friday.Though Coal India Limited (CIL) has surplus resources for investing outside, it is important to have financial support from the Government for acquiring very large assets abroad and bilateral
Indian Americans in Forbes Midas List
Nine Indian origin entrepreneurs feature in this year's Forbes Midas List of technology's best investors for fuelling a bull market for hot young companies.
Nine Indian origin entrepreneurs feature in this year's Forbes Midas List of technology's best investors for fuelling a bull market for hot young companies.
Cairn India to invest $5 bn in Barmer block to up output
Cairn India, along with partner ONGC, will invest $5 billion in Rajasthan’s Barmer block to ramp up output to 300,000 barrels per day, from 175,000 at present. Cairn India had written to the
Tough market forces PE managers to venture out
When Sumant Kasliwal joined ICICI Ventures in 2008, his dream was to help make small and mid-sized companies touch new heights. But after a three-year stint, Kasliwal decided to quit the
IFC to pick up stake in Renewgen's Sri Lankan arm
International Finance Corporation (IFC) is planning to pick up an equity stake in Renewgen Environment Protection Kotte Private Limited (Renewgen Kotte), a company incorporated in Sri Lanka by
Deal done, but Biyani still bets big on fashion
The Pantaloons stores are sold, but Kishore Biyani is still focused on fashion.
The Pantaloons stores are sold, but Kishore Biyani is still focused on fashion.
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