Investment

Veteran to extend expertise to global markets Indian-origin Ravi Raju has been given the responsibility to expand Nomura’s Wealth Management business in Asia ex-Japan as the firm taps into the growing ranks of wealthy individuals in the region. Announcing Raju’s...

Focus on growth and value stocks Invesco Mutual Fund has launched Invesco India Focused 20 Equity Fund to generate capital appreciation by investing in up to 20 stocks with a flexibility to move across the market capitalization range. Subscription to...

Harish calls for cooperative PPP General Bipin Rawat, Chief of Defence Staff, said time is now right for the industry to seize the opportunities and achieve strategic interdependence in defence manufacturing and make India a net exporter of defence equipment....

India Inc continues to remain under pressure Based on the consumption and industrial trends, a large number of sectors have been reporting a gradual recovery to the pre-COVID levels, according to a report by ICRA Ltd. Many sectors have recovered...

UK businesses eye opportunities in Telangana The UK India Business Council (UKIBC) has renewed a Memorandum of Understanding (MoU) with the Industries and Commerce Department of Telangana, looking at the future investment opportunities in the state. This collaborative partnership between...

InvIT offers investment opportunities In a path-breaking reform, the Cabinet Committee on Economic Affairs (CCEA) has approved monetisation of POWERGRID assets worth more than Rs.70,000 crore through an Infrastructure Investment Trust (InvIT) model. This is the first time any PSU...

IOCL-Sun Bucket tie-up for work on solar products India has received proposals from various players for over 10-GW of fresh solar equipment manufacturing, while Indian Oil Corp Ltd (IOCL) has tied up with Sun Bucket System, a US-based start-up working...

Products from the plant for domestic and export markets US-based Galata Chemicals, a leading global producer of plastic additives, has earmarked over Rs.180 crore as an investment for a Tin Stabilizer production facility commissioned in Dahej. The facility, spread over...

Straight Gate part of the deal The Competition Commission of India (CCI) has approved the acquisition of Helsinki-headquartered Metso Oyj’s minerals business including capital equipment in India by Outotec Oyj, also from Helsinki, under Section 31(1) of the Competition Act,...

Food packaging at $55bn by 2020, says Exim study The Indian packaging sector is expected to reach US$72.6 billion by 2020, growing at a CAGR of 18% during 2016-21, according to a study by Export-Import Bank of India (India Exim...