Investment

Pradhan wants innovation in fuel marketing The capital requirement for setting up of fuel retail outlets has been reduced from Rs.2,000 crore to Rs.250 crore, even allowing start-ups to take part in such businesses, Petroleum and Natural Gas Minister Dharmendra...

Rafale reflects India-France strategic relations Defence Minister Rajnath Singh has pitched for French investments in the Indian defence manufacturing sector, following the induction of Rafale jets on 10 Sept 2020. Many policy reforms have been initiated such as manufacturing of...

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...