Investment

Pressure on MFI industry's asset quality to continue The overall long-term growth outlook for domestic microfinance industry, including microfinance institutions (MFI)s and micro finance focused small finance banks (SFB)s, remains robust, even though the near-term outlook is clouded given the...

Uncertainty for businesses caused by 2nd wave of COVID-19, says Sood The ASSOCHAM has approached the Finance Ministry with a plea to re-impose moratorium on taking debt-ridden companies to National Company Law Tribunal (NCLT) under Insolvency and Bankruptcy Code (IBC)...

Waterway connection to reduce travel time Ministry of Ports, Shipping & Waterways (MoPSW) has approved Rs.50.30 crore for developing all-weather ROPAX (Roll-on/Roll-off Passenger) Jetty and allied infrastructure connecting Kaninali in Bhadrak district & Talachua in Kendrapara district, Odisha, under the...

Second citizenship provides more opportunities, says Paul Singh The affluent class in India is moving abroad through large investments in exchange for citizenship or residency in another country, according to CS Global Partners, a London-headquartered citizenship advisory firm. A report...

Tech-led innovations to improve farm productivity Amazon India has announced a major technology funding programme led by US$250 million Amazon Smbhav Venture Fund which is to invest in startups and entrepreneurs focusing on technology innovations in Small and Medium Businesses...

$200m for promoting hydrogen over 5-7 years, says Chaturvedi India is looking towards to kick-start the hydrogen ecosystem development, which is estimated to call for US$200 million investment over the next five to seven years. "We have taken various initiatives...

Ministerial update: DataSmart Cities Strategy will be scaled up in 500 cities Of the total committed investments of Rs.205,018 crore as per approved Smart Cities Plans, as on 9 April 2021, over 5,600 projects worth around Rs.173,600 crores (85% of...

Partnership will enable fast and smooth adoption of AI Fractal, (fractal.ai), a global leader in artificial intelligence and analytics with headquarters in New York and offices in the UK, Ukraine, India, and Australia, is to leverage Google Cloud and its...

Investors focused on portfolio deals Against all expectations, Indian real estate recorded its highest-ever PE investments since FY16. ANAROCK Capital's 'Flux – FY20-21 Market Monitor for Capital Flows' highlights that despite COVID-19, more than US$6.27 billion were pumped into the...

Amb. Srivastava highlights Croatian maritime economy There is an opportunity for India to utilise Croatia as a gateway to Europe over the next two-three years, Ambassador Raj Kumar Srivastava has told a business forum held 14 April 2021 by FICCI....