Investment

Bank support Pune tech company's growth journey India's largest private sector bank HDFC, along with its subsidiary HDFC Securities Limited, has acquired a 7.4% stake in Virtuoso Infotech Pvt Ltd, an enterprise software solutions company, founded by Preeti Nahar and...

Revived demand expected for NBFC+HFC loan restructuring in the current year The second wave of Covid-19 infections has impacted non-bank (NBFC+HFC excluding infra) business sentiments for Q1FY2022. However, a rebound in Q2 and a steady uptick during H2FY2022 could result...

Aggarwal urges Indian exporters to expand in the Caribbean region Trinidad and Tobago and the Dominican Republic are offering the Indian Industry a direct market access to South, Central and North America while looking at India for business with optimism...

Visakhapatnam Port to set up Rs.406 crore Free Trade and Warehousing Zone (FTWZ) More than 504 projects have been identified to unlock the opportunities for port-led development which would mobilize mover Rs.3.57 lakh crore of infrastructure investment, said the Vice...

Sawhney sees over 25% y-o-y growth for technologies Digital technologies must be integrated into traditional sectors like energy, transportation, manufacturing, healthcare and so on. The advent of digital technologies into each of these traditional sectors will help make 10-15% of...

Cloud based business drive data centre demand in India Acronis, a global leader in cyber protection company founded in Singapore in 2003, said its Acronis Cloud Data Center is available in Mumbai, which was jointly launched with local partners –...

Jain wants to unlock new possibilities for cloud capabilities for Aurochs-Incedo New Jersey's Incedo Inc and Pune-headquartered Aurochs Software have formed a long-term strategic partnership to provide world class tools and services in the commercial space to clients in life...

Minister updates on maritime sector development The Ministry of Ports, Shipping and Waterways (MoPSW) has proposed to develop 802 projects worth investment of Rs.5.53 lakh crore for implementation under the Sagarmala Programme, out of which 168 projects worth Rs.87,000 crore...

India mints startup unicorns, says Rakhecha India’s two-year old startup ecosystem enabler, Marwari Catalysts or MCats, aims to raise US$4 million at a valuation of US$25 million to foray into new markets, the Jodhpur company said in a statement on...

French company hires 100 people from local communities Paris-headquartered Imerys has launched commercial sales out of its Rs.350 crore calcium aluminate plant at Vizag, Andhra Pradesh, to meet the specific needs of the Indian refractory and construction industries. "Our Vizag...