Investment

Report calls for supply-side policy interventions India needs a retail policy immediately to revive five to seven lakh retailers who have shut shop due to the COVID-19 pandemic and lockdown across the country, according to a report. “A National Retail...

Envoys highlight business opportunities India and Nigeria have deep-rooted business relations but there is a need to change the business philosophy for a win-win relationship and increase bilateral trade, according to Prince Kayode Adetokunbo, President, Abuja Chamber of Commerce and...

NIP targets to invest Rs.111 lakh crore over 5 years The Union Cabinet has approved the proposal for equity infusion by the Government of Rs.6,000 crores in NIIF Debt Platform sponsored by National Investment and Infrastructure Fund (NIIF), comprising of...

Amalgamation in line with the Government's commitment to a clean banking system The Union Cabinet approved the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL), an Indian subsidiary of Singapore’s DBS Group. With...

FDI exercise by Tata companies The Cabinet Committee on Economic Affairs has approved an Rs.2,480.92 crore Foreign Direct Investment proposal for the acquisition of 12.32% of the equity share capital (on a fully diluted basis) of ATC Telecom Infrastructure Private...

India attracted $30bn during COVID-19, says Kant Kamal Bali, President and Managing Director, Volvo Group, has identified five issues from the perspective of a Multi-National Corporation (MNC) at the CII National MNC Conference 2020. The change to customs procedures on...

India should expedite trade talks with large markets, says PHDCCI A Free Trade Agreement (FTA) with the United States will boost bilateral trade to US$300 billion by 2025-26, given that India has enjoyed a 7% year-on-year growth in trade with...

Projects expect Rs.173.81cr investments The Inter-Ministerial Approval Committee has approved seven food processing proposals with a total project cost of Rs.234.68 crores including grants-in-aid of Rs.60.87 crores in the States/UTs of Meghalaya, Gujarat, Madhya Pradesh, Karnataka, Maharashtra. These projects will...

Tomar highlights Rs.10,000cr food processing fund Twenty of the 37 sanctioned Mega Food Parks (MFPs) have already started functioning, Minister for Food Processing Industries, Agriculture and Farmers Welfare Narendra Singh Tomar said on 24 Nov 2020 at the MFP inauguration...

Auto industry to work on reducing pollution The Government aims to create core global competencies in India by facilitating the seamless integration of the automotive industry with the world, said Minister of Road Transport and Highways Nitin Gadkari. Considering the...