Banking & Finance

Indian and Taiwanese companies have signed Memorandum of Understanding (MoUs) for wide-ranging collaboration to further strengthen the ongoing industrial collaboration.

Highly-delayed units in Mumbai Metropolitan Region (MMR) and National Capital Region (NCR) are worth a whopping Rs.360,000 crore while Hyderabad has the least delayed projects -- 8,900 units worth Rs.5,500 crores.

Wibmo Inc, powering one of India’s largest mobile payment solutions, has launched WibmoPay 2.0, a comprehensive payment ecosystem and marketplace for consumers.

The Asian Development Bank (ADB) has lent US$346 million for improvement of over 400 kilometers of state highways that will enhance connectivity and access to economic centers across 12 districts in Karnataka.

Aditya Birla Capital Limited (ABCL) and Värde Partners have announced an exclusive strategic partnership to pursue investments in stressed and distressed assets in India.

India’s Act East policy has started securing investments from Japan, South Korea and China, said Jamshyd N. Godrej, co-chairman of the India-Singapore Strategic Dialogue 2018 (ISSD).

The World Bank has signed a US$250 Million Agreement to support Electricity Distribution Sector Reforms in Rajasthan.

The Indian Government and the World Bank have signed a US$220 million Loan Agreement and a US$80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program, a market of US$12 billion a year.

It is not only crude oil which is exerting pressure on India's import bill and consequently on the current account deficit and the rupee, but a host of other non-oil items like coal, noted an ASSOCHAM analysis.

Third CECA review in Sept 2018     Deputy Chief Negotiators of India and Singapore signing the 2nd protocol amending CECA. India and Singapore have signed the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) in New Delhi on...