Investment

Startups raised $9.3bn until mid-Dec amidst pandemic More than 50 startups are expected to join the 21-unicorn US$73.2 billion club as early as 2022, Ambassador Taranjit Singh Sandhu told a mentoring programme for Indian National Startup Awards 2020 finalists that...

Will Air India+Vistara+AirAsia combine for market leadership? Tata Group has a fair chance of bagging Air India along with its subsidiary Air India Express and 50% shares in ground handling unit AISATS (Air India SATS Airport Services), according to a...

Puri says the budget needs to focus on larger market Given that real estate contributes more than 8% to the Indian economy, it has justifiable expectations from the Union Budget 2021-22 as there are several opportunities to give the sector...

Sankar to head India team Mindset, the global leader in the delivery of UX and experience-driven software and solutions built for the SAP platform, is expanding into the Indian market with operations in Bengaluru and Hyderabad with the aim to...

Tech companies to be significant demand drivers Colliers India expects leasing activity to pick up further by 25-30% to around 42-45 million sq. feet in the commercial office space in India for this year (2021). "Our research suggests that this...

Four policies on PCPIR in the implementation stage The Department of Pharmaceuticals is considering 11 FDI proposals worth Rs.7,211 crore in brownfield pharmaceutical projects while 15 FDI proposals worth Rs.1,512 crore have been approved from 1 April 2020 to 22...

Himachal Pradesh gets $10m for subtropical horticulture project The Asian Development Bank (ADB) has signed two agreements for a US$231 million loan agreement for the construction of a 120 megawatts (MW) hydroelectric power plant in Assam that will enhance the...

SPRs filled during low oil prices As part of strengthening energy security, India has added Russia and Angola as new sources for crude oil imports on a term basis, Ministry of Petroleum and Natural Gas said in a 2020 review...

MNRE underlines the importance of renewables A 58.31 GW solar power capacity is currently under installation and or tendering process as harnessing solar energy is one of the major components of India’s renewable energy strategy, said the Ministry of New...

Saraf wants robust FTAs The Federation of Indian Export Organizations (FIEO) President Sharad Kumar Saraf sees 2021-22 exports at US$350 billion, citing “extremely good order booking position” for food including processed food, pharma, medical and diagnostic products, technical textiles, chemical,...