Mumbai: The Assets Under Management (AUM) of mutual funds is expected to witness a CAGR of 20 per cent and would reach Rs 23 lakh crore (US$ 368 billion) by 2020 from the current Rs 8 lakh crore (US$ 127 billion), according to a research report by CRISIL Research and …read more
Kolkata: Lenovo is exploring possibility of setting up one more manufacturing unit in India for 4G/LTE enabled smart phones and tablets, in addition to its computer manufacturing unit in Puducherry.
Chennai: Ivy Health and Life Sciences Pvt. Ltd (Ivy), a leading regional company in the hospital sector, plans to raise US$ 12.1 million from International Finance Corporation (IFC), to partly fund its US$ 25.8 million expansion plan of increasing the number of operational beds by 550 in NCR and Punjab, …read more
Coffee output expected to reach new high this marketing year starting October due to adequate monsoon
New Delhi: Coffee production in India reached record high at 327,000 tonnes in the FY 2014-15 and is expected to touch a new peak of 355,600 tonnes by October this year owing to a better crop prospects and adequate rainfall in majority of growing states.