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Indian economy poised to grow at 9-10% in medium-term: CII

Confederation of Indian Industry (CII) has said that India's economy can grow at 9 to 10 per cent in the medium-term with a multi-pronged economic strategy. The industry body has outlined ten areas requiring policy attention that can bring huge economic benefits for growth, investment and employ...


CCI approves AXA proposal to hike stake in insurance ventures with Bharti

Fair trade regulator, Competition Commission of India has approved European financial services giant AXA's proposal to hike its stake from 26 percent to 49 percent in its two insurance ventures with Bharti Group - Bharti AXA Life Insurance and Bharti AXA General Insurance. The Foreign Investment...


FIIs, FPIs can invest up to 49% in Gammon Infra Projects: RBI

The Reserve Bank today said that Foreign Institutional Investors (FIIS) and Foreign Portfolio Investors (FPIs) can now invest up to 49 per cent in Gammon Infrastructure Projects Ltd. The RBI said in a statement issued today that the purchases could be made through primary market and stock exchanges....


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