Investment

Deliveries of aircraft reflects strong cooperation with Indigo, says Townend Singapore-headquartered BOC Aviation Limited has delivered the last of eight Airbus A320NEO aircraft to InterGlobe Aviation Ltd (Indigo) under a purchase-and-leaseback agreement signed earlier this year. “The delivery of these...

SECI-BPCL to take India to new frontiers of technology and scale, says Sharma Bharat Petroleum Corporation Limited (BPCL) is aiming at 1GW of renewable energy portfolio by 2025 and 10GW by 2040, by tapping opportunities in the renewable energy space...

Marsh India will further build leadership across the Asian region, says Jacob Marsh, the world’s leading insurance broker and risk advisor, has increased its shareholding in Marsh India Insurance Brokers Pvt Ltd from 49% to 92% to more effectively meet...

DP World agrees to join Dadri Multi Modal Logistics Hub Dubai-headquartered Sharaf Group and Abu Dhabi-based Lulu Group have committed investments in Uttar Pradesh's industrial development programme following a week-long UP Government participation at the EXPO2020 Dubai. “We are happy...

Acquisition provides local presence, know-how and customer base Wavin B.V., a global solutions leader for the Building and Infrastructure industry and an Orbia business, will acquire a majority stake in Vectus Industries Limited, a privately-held manufacturer of plumbing and drainage...

SIDBI sanctioned Rs.79,285 crore loans through psbloansin59minutes Minister of State for Finance Dr Bhagwat Kisanrao Karad has listed out the measures taken by the Government for improving the flow of credit to MSME sector such as loans of Rs.3.09 lakh...

India offers 15,766 sq. km of exploration acreage The Government is expecting a commitment of US$300-$400 million through Open Acreage Licensing Programme (OALP) Bid Round-VII for International Competitive Bidding, e-bidding deadline for which is till 1200 hrs on 15 Feb...

Cities are expected to become a strong engine of economic growth in India The Asian Development Bank (ADB) on 17 December 2021 has signed a US$350 million policy-based loan to improve access to urban services in India by accelerating policy...

ADB studies to develop an economic corridor in the northeastern region, says Konishi The Asian Development Bank (ADB) is giving US$112 million loan to set up a skill university in Assam that will strengthen industry-aligned and flexible skills education and...

Plans include a new plant in South India following the success of $4.5m from Series A Pune's Pi Green Innovations, which has technology patents granted in the USA, UK, China, EU and Singapore, said the US$4.5 million in Series A...