Investment

Expanding engineering services in the US markets Infosys, an Indian technology iconic group from Bengaluru, has signed a definitive agreement to acquire Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering...

Saudi investment flows into Swiss MNC linked to Indian market The Competition Commission of India (CCI) has approved the incremental acquisition by SABIC International Holdings in Swiss multinational Clariant AG under Section 31(1) of the Competition Act, 2002, on 2...

India is creating a unique digital model The continued regulatory reforms in bond markets ensure improved ease of access for investors, Prime Minister Narendra Modi has told American investors on 3 Sept 2020. There are tax exemptions to ‘Sovereign Wealth...

Somal Refractories to become a global player Ludhiana-based Somal Refractories and Zampell from Massachusetts are to expand the product market to include Europe and America through the market channel of Zampell and expand installation capabilities in the Asian Market including...

Silver lining during festivities! Restrictions on manufacturing, industrial, construction and consumption activities for the major part of Q1 FY2021 due to the imposition of nationwide lockdown primarily hurt the financial performance of the Indian Corporate sector. This assessment was given...

Pradhan updates: Oil majors expanding footprint in the Indian market Indian companies are looking to source more crude oil and LNG from the US at competitive rates, anticipating domestic energy demand to recover and reach post-COVID-19 level soon. Giving this...

New board to steer the USISPF’s India strategy The US-India Strategic Partnership Forum (USISPF) has announced on 2 Sept 2020 the formation of its India Executive Leadership Board on the occasion of its 3rd Annual Leadership Summit that was headlined...

Karnataka CM seeks economic partnership with the US Karnataka Chief Minister B.S. Yediyurappa has presented the US industry captains details of the huge opportunities in IT, ITES services, machine tooling, manufacturing, aerospace, biotechnology, and engineering design in his state. Addressing...

Badal announces financial assistance for 85 projects Twenty-seven projects were approved by the Inter-Ministerial Approval Committee (IMAC) meetings under the Scheme for Integrated Cold Chain and Value addition and 85 Cold Chain Projects have been considered for financial assistance across...

Joshi lists Rs.1.22 lakh crore plan Coal India Ltd (CIL) will invest over Rs.1.22 lakh crores on about 500 projects related to coal evacuation, infrastructure, project development, exploration and clean coal technologies. This was announced by Coal and Mines Minister...