Nokia to beef up venture fund, expand in India, China Nokia Corp. is more than doubling the size of its direct venture investment fund with an injection of $150 million, with a view to putting some of the money to use in India and China. 31 Jul 2008
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Tata Motors bets on Nano, JLR in a "daunting" year Tata Motors, the automotive arm of the Tata Group, sees the present fiscal year as a "daunting challenge" due to slowing sales and high input costs but is banking on its ultra low-cost car, Nano, and Jaguar and Land Rover acquisition (JLR) to lift its market share. 02 Jul 2008
How inflation will pinch you and how to insure yourself from it Let us face it: inflation, a continuous increase in the level of consumer prices or a decline in the purchasing power of money caused by an increased availability of currency and credit chasing too few goods, is bad for everyone, especially the common man. And, with inflation hitting a three-year high of seven percent for the week ended March 22 as against 6.68 percent in the previous week, the future looks gloomy for consumers in India. 05 Apr 2008
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IMF endorses wealth fund guide plan The International Monetary Fund on Friday endorsed staff plans to develop best practice guidelines for sovereign wealth funds and said it would meet with wealth funds in April to start working on an initial draft. 22 Mar 2008
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Clinton calls for $30 billion housing fund Democratic presidential hopeful Hillary Clinton called on Thursday for a second stimulus package, including a $30 billion emergency housing fund, to help boost the ailing U.S. economy. 21 Mar 2008
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IDFC to acquire StanChart's Indian asset management arm for $205 million UK-based Standard Chartered Plc announced, Friday, it has sold its Indian asset management business to one of India's oldest lending institutions, Infrastructure Development Finance Co. (IDFC), in an all-cash $205 million deal (before deductions for local taxes and deal expenses). 08 Mar 2008
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Cut the cackle in the caveat, SEBI directs fund houses India's capital market regulator, the Securities and Exchange Board of India (SEBI) has passed a mandate on all fund houses to 'cut the cackle' in the audio and audio visual advertisements and read the standard warning or caveat in a comprehensible manner. 28 Feb 2008
SEBI launches crackdown on art funds India's stock market regulator, the Securities and Exchange Board of India (SEBI) has launched a crackdown on unauthorized art funds by threatening to take both civil and criminal action against companies that launch art funds without first registering with it. 23 Feb 2008
