Investment

MCGS-MSME for plant, machinery, equipment purchases The Government has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for credit...

Jayakumar offers solutions for UHNW and HNW families Eton Solutions, a leading WealthTech platform for Family Offices powered by AI from Singapore, will be the exclusive technology partner of Prime Trigen Wealth Limited which aims to redefine wealth management for...

Adani acquires Indian engineering-construction company The Competition Commission of India has approved the proposed acquisition of up to 72.64% shareholding in ITD Cementation India Limited by Renew Exim DMCC, a Dubai-incorporated company of Adani Group. The proposed combination involves the...

SBI reports strong corporate confidence in Total investment announcements stood at Rs.32.01 lakh crore for the 9MFY25 (April-December 2024), a 39% increase from Rs.23 lakh crore in 9MFY24, according to a State Bank of India (SBI) report on investment flow...

Rajasthan gets PM scheme’s 5,000 MW allocation The recently Rs.32 lakh crore investments received for the renewable energy sector underscore India’s long-term dedication to a sustainable and energy-secure future, says Minister of New and Renewable Energy Pralhad Joshi https://mnre.gov.in/. Addressing...

NSDC empowering youth through innovative skills Dell Technologies (NYSE: DELL) in partnership with the National Skill Development Corporation (NSDC) and Learning Links Foundation, has launched seven new Mobile Solar Community Hubs in East Godavari (Andhra Pradesh), Sawai Madhopur (Rajasthan), West...

Rapid growth in middle class drove fintech market Funding for India’s fintech sector fell 11% on the year to US$795 million in H1 2024, from US$896 million in H1 2023, mainly due to global trends like funding winter and geopolitical...

Ambassador Rustambaev invites Indian investments Uzbekistan, with preferential market access to Europe under GSP regime and a signed preferential trade agreement with the USA, is a strategic partner of India and is inviting Indian businesses to be part of its...

Pacts to explore green hydrogen-industrial park opportunities Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Ltd from Singapore have signed two non-binding Memoranda of Understanding (MOUs) with the Government of Odisha to explore the development of a production...

Financial condition of 7.5 Mtpa mill is critical The Cabinet Committee on Economic Affairs (CCEA) has approved a Rs.11,440 crore revival plan for Rashtriya Ispat Nigam Ltd (RINL) which includes infusion of Rs.10,300 crore as equity capital into the steel...