Briefly Business: FinMin officials, FIIs discuss ways to improve inflows

FinMin officials, FIIs discuss ways to improve inflows

New Delhi: The finance ministry on Monday held discussions with foreign institutional investors on ways to improve inflows into the capital market. "FIIs made a number of suggestions to enhance flows into both the debt and equity markets," a senior official said after the meeting, which was chaired by DEA secretary Arvind Mayaram.

Final India-Asean FTA talks likely by Dec 20

NEW Delhi: India on Monday said it is hopeful of concluding discussions for a FTA on services and investments with Asean in time for next week's summit scheduled for December 20-21.

More states will allow FDI in retail: Godrej

NEW Delhi: More states will realise the benefits of allowing FDI in retail and accordingly "fall in line" to allow multinationals to open stores, Godrej Group chairman Adi Godrej said.

Alcatel-Lucent to provide gear to Airtel

New Delhi: Alcatel-Lucent will supply equipment to Bharti Airtel for its services in Africa.

Bloomberg weighs making bid for FT

New York: Michael Bloomberg is weighing the wisdom of buying The Financial Times Group, which includes the paper and a half interest in The Economist.

StanChart to pay $327 mn to settle US case

New York: Standard Chartered will pay $327 million to the US to settle allegations that it illegally moved funds through the system on behalf of sanctioned Iranian, Sudanese, Libyan and Burmese entities.

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