ADIA-backed India fund to seek $4 billion for infrastructureIndia's National Investment & Infrastructure Fund plans to raise $4 billion in its largest-ever fundraise early next year. The fund, backed...
NIIF invests $200 million in Ibus to boost digital infrastructure in IndiaIbus will be deploying the funds to scale operations in an organic way by expanding its capacities and for inorganic growth, according to a...
GIFT City bankers may follow global schedule, enjoy five-day work weekThe working group said in its recommendations that a five-day work week will align with practices adopted in international financial centre...
PE, VC investments fall to USD 2.2 bn in Feb as big-ticket deals dry upPrivate equity and venture capital investments in February totaled USD 2.2 billion, down 39% from the previous year. The month saw 120 deal...
NIIF to acquire Morgan Stanley-backed in-building connectivity firm iBus for Rs 1600 croreNIIF is set to acquire a majority stake of 55-60% in iBus Networks, a leading provider of in-building wireless solutions in India, for Rs 1...
Budget wishlist: Telecom infra providers bat for availability of input tax creditTelecom infrastructure providers are seeking availability of input tax credit, an increase in tax depreciation rate, and rationalisation of...
Nomura invests Rs 125 crore in telecom company iBusThe funding will also help expand the iBus Group's presence globally through its subsidiaries in Singapore, Dubai and the US, the company s...
Adani, AG&P, others look to buy into unison enviroAdani Group and I Squared Capital-backed AG&P City Gas, as well as Canadian funds Canada Pension Plan Investment Board and Brookfield are i...
Telecom industry warns public against frauds around mobile tower installation"The public is cautioned against certain companies, agencies, or individuals who are fraudulently approaching people and asking them to dep...
Morgan Stanley-backed iBus Networks acquires Ubico Networks for Rs 100 croreWith this acquisition, iBus will become one of the largest neutral in-building and in-campus network coverage providers.
Morgan Stanley India Infrastructure acquires stake in iBus for Rs 150 croreiBus offers in-building wireless solutions (IBS), outdoor small cells and other last-mile connectivity solutions to mobile operators to ena...
IFSCA approves draft banking regulationsThe regulations, to be notified by the government soon, will enable the International Financial Services Centres Authority (IFSCA) to lay d...
IFSC bank units to report all OTC forex deals to CCIL platform from June 1: RBIThe Reserve Bank has mandated that all OTC foreign exchange, interest rate and credit derivative transactions, both inter-bank and client, ...
IFSC banking units can open foreign currency current accountsThe RBI further said it will not prescribe any limit for raising short-term liabilities from banks. "However, the IBUs must maintain LCR (L...
RBI tweaks norms for setting up of IFSC Banking UnitsIn April 2015, the Reserve Bank had formulated a scheme for setting up of International Financial Services Centres (IFSC) Banking Units (IB...
iBus Networks and Infrastructure raises Series A funding of Rs 15 croreiBus networks & infrastructure, a provider of connectivity solutions inside buildings, has raised a Series 'A' funding of Rs 15 crore from ...
Banks can't deal in cash at IFSC: RBIRBI had issued relaxed norms for setting banking up units in the IFSC by relaxing the mandatory reserve requirements for domestic and forei...