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Rouhani urges Malaysia to invest in Iran’s oil, gas

Rouhani urges Malaysia to invest in Iran’s oil, gas

Tehran, (IANS) : Iranian President Hassan Rouhani has invited Malaysian companies to invest in Iran’s oil, gas and petrochemical industry, a media report said. Iran seeks an increase in economic ties with Malaysia and “it supports investments by Malaysian companies ...

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Nettlinx raises $3 mn as part of diversification

Nettlinx raises $3 mn as part of diversification

Hyderabad, (IANS) : Nettlinx Ltd, the internet infrastructure company, has raised $3 million (Rs 20 crore) from strategic investors as part of its plans to venture into industrial space by acquiring some European firms. The Netherlands-based EXchange Investors NV and ...

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IOC investment plan not to affect its credit profile: Fitch

IOC investment plan not to affect its credit profile: Fitch

Singapore, (IANS) : International rating agency Fitch Ratings on Monday said Indian Oil Corporation’s (IOC) financial profile would “remain stable” even though the state-run oil marketing company (OMC) planned to invest Rs 1,700-Rs 1,800 billion over the next six years. ...

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NewsDistill raises $1,00,000 seed fund

NewsDistill raises $1,00,000 seed fund

Hyderabad, (IANS) : NewsDistill, a Hyderabad-based news aggregator app, on Friday said it has raised $1,00,000 seed fund from noted investors and technology leaders for examsion and product development to meet growing demand and is likely to raise an equal ...

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SBI’s bond issue to set pricing benchmark for others

SBI’s bond issue to set pricing benchmark for others

Chennai, (IANS) : Credit rating agency Moody’s Investors Service on Wednesday said the State Bank of India’s (SBI) issuance of additional tier 1 (AT1), Basel III compliance securities would set the pricing benchmark for other issuers. Moody’s said the SBI’s ...

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