Cabinet nod to ₹9,589 cr FDI in Suven Pharma; stock surges 5%
Cabinet approves FDI worth up to ₹9,589 cr in Suven by Cyprus-based Berhyanda for a 76.1% stake
Cabinet approves FDI worth up to ₹9,589 cr in Suven by Cyprus-based Berhyanda for a 76.1% stake
This year’s Union Budget has raised the sectoral cap in insurance. But a favourable regulatory environment is necessary for some other sectors which have huge potential for growth.
Foreign investors would want the Budget to provide some clarity in rules and tax relief for certain sectors.
The two countries can work together to achieve their respective long-term goals—sourcing of finished goods for Japan and an increase in manufacturing output for India.
Shoppers Stop is looking to reinvent itself in the face of stiff competition from online retailers and more high-profile bricks-and mortar chains. Will it succeed?