It is definitely good news that there are companies like Advent International that is set to invest in CARE Hospitals. A statement from the mentioned company said that the purpose of the investment is to help CARE Hospitals improve their healthcare services and also to provide a good chance for growth and development. This will […]
Even the third consecutive quarter did not yield any positive results for the mutual fund industry; the total assets reduced by about 5percent which is Rs.36, 000 crore for the fiscal year which ended on 31st March 2011-12. It is now at two year lowest, the average asset under management (AUM) of the industry dipped […]
Lack of diesel pricing policy has resulted in automobile companies, including the big companies like Maruti, Tata, GM etc are holding up their investments more than Rs. 300 crore in India, according to SIAM. “Many of the investors are confused. They are in a conflict whether to invest on diesel cars or not because of […]
The Reserve Bank of India on Friday cut the cash reserve ratio by a ‘astonishingly aggressive’ 75 basis points. The move to cut the amount of cash that banks need to park with the RBI (or CRR) from 5.50 per cent to 4.75 per cent of deposits is intended at easing the importunate liquidity crunch […]
New Silk Route Partners, an Asia-focused private equity fund, picked a minority stake in Varsity Education Management Pvt Ltd., a Hyderabad based educational services provider, as said by Jacob Kurian, one of the partners of the fund. He also said Education is one of the great sectors if you want to invest and capture India’s […]
