Investment

A centre for fiscal policy-public finance will be established West Bengal is getting a US$50 million policy-based loan from the Asian Development Bank (ADB) to improve financial management procedures and operational efficiencies aimed at achieving more fiscal savings, promote informed...

Aggregate revenues grew by 34.9% in Q2 India Inc has been gradually reverting to normalcy as the lockdown-related restrictions eased, leading to the pace of Y-o-Y revenue contraction reduced to 6.5% from 32.6% in the first quarter, said ICRA Ratings...

Focus on ASEAN, says Joshi at Horasis meet The Indian Defence sector exports rose to Rs.10,745 crore in 2018-19 covering 42 countries, up from Rs.1,521 crore in 2016-17, according to Dinesh Joshi, Chairman and Managing Director, SatyaGiri Ventures. “This sector...

Traceability solutions needed for Indian spices in international markets The Spice Board of India has set a target for exports of spices at US$5 billion by 2025 and US$10 billion by 2030, having crossed US$3 billion for the first time...

Develop new processes and products for farmers, says Gowda The agriculture sector has a huge potential to play a key role in taking India to a US$5 trillion economy as it is already contributing 14-16% to the Gross Domestic Product...

Tech-enabled logistics firm wins American investment Warburg Pincus’ Spring Canter Investment Ltd (SCIL) has received approval for acquiring Rivigo Services Private Limited pf Delhi through the subscription of compulsorily convertible preference shares. The approval is given under Section 31(1) of...

Natrol to combine with Jarrow Formulas An affiliate of New Mountain Capital, LLC has completed the acquisition of Los Angeles-headquartered Natrol, a leading vitamin, minerals and supplements brand, focused on sleep, mood & stress and brain health. New Mountain intends...

Arora advises organizations to have self-regulation A survey by California-based Barracuda Networks revealed that about 66% of Indian companies reported at least one data breach since the rapid shift to the work-from-home structure during the COVID-19 induced pandemic. Corporations need...

Fedeli to promote advantage Ontario in Maharashtra, Karnataka and Madhya Pradesh. The Ontario government is launching a virtual mission to India in December to develop partnerships in strategic markets in India to build the foundation for recovery in the short-term...

National rail plan 2030 to be released in December 2020 The Rs.32,000 crore tender for 325 km high-speed Mumbai-Ahmedabad bullet train project has been awarded by Indian Railways, Railway Board chairman and CEO Vinod Kumar Yadav told an industry webinar....