Finance moots 49% multi-brand retail FDI by automatic route

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August 1, 2013 by apicomely

Humanitarian Finance & Grants Advisor

(“Ekahau”), a provider of Wi-Fi-based Real-Time Location Systems (RTLS) which enables enterprises to locate, track and manage assets, inventory, staff and visitors. Ekahau will use the funds for working capital purposes. Horizon funded an initial $1.5 million of its $3 million commitment under the venture loan facility. “We are pleased to lead this venture loan facility for Ekahau which will support Ekahau’s continued customer and revenue growth,” stated Gerald A.

The DIPP has declined to tweak the cabinet proposal saying this was not on the agenda of the July 16 meeting chaired by the Prime Minister, at which fresh FDI limits were decided. It was also not part of the suggestions put forward by the Arvind Mayaram committee. Sources, however, said the panel headed by Economic Affairs Secretary Mayaram had recommended that the FDI limit be raised to 49 per cent in almost all sectors through the automatic route, with 74 per cent FDI in multi-brand retail trading by the government approval route. The finance minstrys proposal could get support from the Planning Commission, an official said. The planning commission is yet to submit its response to the DIPP proposal.

Oxford Finance Provides $7.2 Million Debt Financing Facility to Pritok Capital

“Oxford is very pleased to provide capital to Pritok for the acquisition of Nentwick Care Center,” said Christopher A. Herr, managing director for Oxford Finance. “Pritok has a strong investment platform for acquiring high quality seniors housing assets nationally, and we look forward to partnering with them on future transactions.” “The Oxford team has been incredible to work with, and I was very impressed by their professionalism, integrity, focus and expertise,” said Max Stesel, managing partner and founder of Pritok Capital. “Oxford’s ability to get to the closing in a quick and efficient manner is truly unparalleled.” About Oxford Finance LLC Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets.

About the Role As part of the Humanitarian Finance and Grants team, the Humanitarian Finance & Grants Adviser have a leading role in ensuring high standards of financial management in emergency programmes worldwide, working closely with global, regional & country-based teams, Save the Children International and Save the Children Alliance members. The Adviser has the specific role of supporting the other regionally focused advisers when on deployments/leave and support them for extraordinary Reponses. He/She also will be asked to deploy up to 35% of the time on hands-on response roles in Save the Children Emergencies. About You Ideally you are coming back from 3 to 5 years experience in Emergencies or Fragile States context with an International NGO in a Finance and Grants roles.

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