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Govt assesses impact of Brexit on the Indian economy

India Infoline News Service / 17:32, Jul 23, 2016

As a part of the global economy, India will obviously be affected if there is slowdown in growth in the UK and EU following Brexit.

Economy News

India’s growth will be 7.6% in 2016-17

India Infoline News Service / 17:17, Jul 23, 2016

The International Monetary Fund (IMF), in its World Economic Outlook (WEO), published in July 2016, has projected that India will grow by 7.4 per cent in 2016-17, which would be one of the highest growth among the major world economies.

Business News

nexGTv launches nexGTv yoga app

India Infoline News Service / 14:51, Jul 22, 2016

The app will allow nexGTv users around the world to learn yoga techniques and practices on-the-go through videos by expert practitioners such as Baba Ramdev and Mukul Dev, as well as celeb coaches such as Shilpa Shetty and Bipasha Basu.

IPO News

Bharat Wire Ropes IPO subscribed 59%

India Infoline News Service / 17:35, Mar 21, 2016

The initial public offering (IPO) received bids for 1,04,09,100 shares against the total issue size of 1,75,00,000 shares, according to NSE data.

MF News

Mutual fund investments worth Rs.1L cr may face closure

India Infoline News Service / 13:08, Jul 22, 2016

Investments worth over Rs.1 lakh crore in mutual funds are likely to face closure if they do not meet the August 31, 2016 deadline to comply with the Foreign Account Tax Compliance Act.

Global News

Independence Day of US: The resurgence of Indian ADRs

India Infoline News Service / 14:39, Jul 05, 2016

However, the US Independence Day holds significance for a few Indian companies, that are listed on the New York Stock Exchange (NYSE) via the American Depository Receipts (ADRs). On a yearly basis, 4 out of 7 Indian ADRs have fared well at the Wall Street.

M & A News

Merger and Acquisition Round Up - July 18 to 22, 2016

India Infoline News Service / 11:17, Jul 22, 2016

Orange announces that, together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone.

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