Banking & Finance

Gadkari gives project status   Gadkari address press conference on Ganga Cleaning projects. Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari expects 70-80% of Ganga River cleaned by next March. “We hope to clean 70-80% Ganga by March...

Schneider Electric pays Rs.14,000 cr for strategic assets Larsen & Toubro has signed definitive agreements with Schneider Electric, a global player in energy management and automation for strategic divestment of its Electrical and Automation (E&A) business for an all-cash consideration of...

2,100ha for 10 lakh houses By Prashant Thakur, Head, Research at ANAROCK Property Consultants After a year-long delay, the final draft of Greater Mumbai Development Plan (DP) 2034 recently saw the light of day. The highlights were the amendments in the...

Modi-Xi seek a modus vivendi Modi and Xi inside a boathouse on Wuhan's East Lake on 28 April 2018. The two leaders held informal meeting 27-28 April in the central China city.   India and China have put progressive economics...

FICCI promotes MSMEs and Startups FICCI President Rashesh Shah said the Industry Chambers' role must change now from just a one-way channel for facilitating the industry's needs through government to also ensuring that the government and people's expectations and needs...

Enterprises remain upbeat on growth prospects The Second Quarterly Crisidex Survey shows Micro and Small Enterprises (MSEs) had a better January-March 2018 (called the Survey Quarter, or SQ), driven by gains in the Manufacturing Sector, compared with October-December 2017. CriSidEx...

Prabhu tells Exim to help exporters Minister Suresh Prabhu. The Department of Commerce (DoC) has engaged about 150 countries in the last few months to promote Indian exports. Disclosing this, Commerce and Industry Minister Suresh Prabhu has told the EXIM...

Prabhu to focus on early operation at 56 airports Yamuna Expressway Industrial Development Authority (YEIDA) has received in-principle approval for setting up of Noida International Greenfield Airport while Techno Economic Feasibility Report (TEFR) and Detailed Project Report (DPR) is expected...

Minister gives update on Rs.30,000 crore projects Minister Hardeep Singh Puri. About 400 Smart City Mission (SCM) projects, costing Rs. 20,000 crore, are in tender stage, and would be settled over a next 2-3 months, said Hardeep Singh Puri, Minister...

Putting their resources together   Anuj Puri and Shobhit Agarwal. Over US$150 billion of capital is to be traded in Indian real estate over the next 5 years, said Shobhit Agarwal, MD & CEO - ANB Capital Advisors which has...