Tag Archives: Investment

‘Have Mechanism for Speedy Approval to Investment Proposals’

New Delhi: In order to reduce regulatory burden and improve ease of doing business, a government panel has suggested that a mechanism should be set up to accord speedy approvals to investment proposals. The need for regulation of economic activity as well as for prior approvals has emerged over time in response to genuine public concerns at various points of ... Read More »

Russian Billionaire Makes $200 Million Investment in Uber

Russian billionaire Mikhail Fridman’s LetterOne investment vehicle said on Friday it had made a $200 million (roughly Rs. 1,361 crores) investment in US ride-hailing service provider Uber Technologies Inc. It did not specify when it bought the shares or what stake it had acquired in the firm, which has previously raised more than $5 billion (roughly Rs. 34,039 crores) in ... Read More »