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Expats paying $33,000 school fees fuel rise of Dubai billionaireGEMS World Academy in Dubai offers premium education with facilities like iPads for kindergarteners and a planetarium. With fees up to $33,...
Farmer-owned Sahyadri Farms has raised Rs 310 crore from a group of European investors"Sahyadri Farms is today, servicing over 18,000 farmers, covering more than 31,000 acres and 9 crops. The capital coming from Korys, FMO, P...
- JSPML accepts offer to divest entire stake in its Oman asset
The enterprise value of the deal is over US $1 billion
Dutch bank FMO to invest Rs 120 crore in Sahyadri FPCAlpen Capital, a Delhi based consultant company is assisting to Sahyadri to get this proposal implemented.
Indian investments into GCC touching $3 billion: ReportThe GCC is a political and economic alliance of Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman. It was established in 1981.
Gulf must impose taxes to strengthen fiscal positions: ICAEWPanelists agreed that the lower oil price is not a disaster for GCC counties as they have more than $2.5 trillion in reserves and very low ...
Slovakian railway-maker Tatravagonka picks up stake in Kolkata-based Jupiter GroupSlovakian railway wagon maker to acquire 26 per cent stake each in two Jupiter group companies -- Jupiter Wagons and Jupiter Alloys & Steel...
Jet Airways raises $150 million syndicate loan from Gulf lendersThis syndicated loan facility will be instrumental in underpinning the airline on its progressive path, Jet Airways chief executive Cramer ...
Jindal Saw subsidiary raises Rs 775 crore loan"JSME, a subsidiary of Jindal SAW, has closed a club facility of AED 465 million for its long-term and growth capital requirements," the co...
Companies scramble to pay dividend to dodge date with higher taxMany companies are rushing to pay dividend to shareholders before Oct. 1 when a higher dividend distribution tax (DDT) becomes applicable.
Contracts for new medical facilities in Gulf Cooperation Council to cross $9 billionContracts for new medical facilities across Gulf Cooperation Council expected to reach $9.53 billion by end of 2014 - a 25 % increase on 20...
Mideast, Africa drug importers seek discounts after price cuts in IndiaMany small & medium drugmakers are under pressure from buyers in foreign markets to cut prices, in line with govt-mandated price cuts in In...
Oman-India willing to strengthen trade tiesOmani Companies in India are present in diverse areas like oil and gas, manufacturing, IT and telecom, hospitality, health care and financi...
- Gulf countries wooing Indian pharma companies: Report
The GCC pharmaceutical Industry Outlook, signing of the impending free trade agreement between the GCC and India.
- Dubai-based Alpen Capital opens Kolkata office
Alpen Capital is an investment banking group headquartered in Dubai. It also has a presence in other GCC locations such as Qatar, Oman and ...
What slowdown? For some firms, India's economy still hummingNet foreign institutional investment in Indian stocks and bonds has quadrupled this year to $16.7 bn, including nearly $4 billion since the...
- Air Works India completes EAG stake deal
The stake buyout transaction by Air Works India Engineering in Empire Aviation Group has been successfully completed, EAG's financial advis...
- Investments from GCC to India remain negligible: Report
According to the report, capital flows in the form of FDI from GCC to India have gathered pace in the recent years.
- IIM Calcutta's summer placement sees record number of recruiters
Long-term recruiters included Goldman Sachs, Morgan Stanley, UBS, JP Morgan, Accenture, Deloitte, HUL, P&G, and Microsoft among others.
- Biyani's Future Group in telecom JV
Retail magnate Kishore Biyani's Future Group said that its flagship company Pantaloon Retail (I) Ltd. had signed a 50:50 joint venture agre...