Investment

India’s digital ecosystem enjoys tailwinds Lightspeed India Partners has announced the closing of Lightspeed India Partners III with US$275 million of committed capital, saying it will continue to partner and support bold entrepreneurs building for tomorrow, right from inception through...

Private sector urged to train specialists India needs a cohesive strategy to address issues faced by the healthcare sector while the private sector should play a pivotal role in training specialists, said an expert at an industry conference. “We need...

Minister assures to create liquidity The government is likely to set up a multi-purpose R&D centre to reduce import dependence and promote the Make in India and Made in India initiatives along with the participation of the private sector industry....

Overwhelming response to the bidding process The introduction of modern technology rolling stock in Passenger Train Operations will bring in a paradigm shift in passenger experience by significantly enhancing the quality of service following the private sector participation. The private...

Multani sees US-India global partnerships US companies have an optimistic approach towards investment in India and are looking at the potential of the Indian economy as an “Engine for Growth Post-Pandemic Era”. This was stated by Dr. T.V. Nagendra Prasad,...

Gadkari calls for increase in investment in highways India’s Micro, Small and Medium Enterprises sector is going to the capital market soon, which along with the automobile industry, will be leading in economic growth. Sharing this information, Minister for Road...

Singh approves 106 Basic Trainer Aircraft for IAF Defence Minister Rajnath Singh has approved capital acquisitions of various indigenous platforms and equipment required by the Indian Armed Forces for an approximate cost of Rs.8,722.38 crore. The Defence Acquisition Council (DAC)...

Improve terms to increase global market share India must aim to achieve a 5% share in world merchandise exports and 7% in services exports by 2025, says a report by the Confederation of Indian Industry (CII). India’s goods exports declined...

CCI nod to Jap companies in India The Competition Commission of India (CCI) has on 11 August 2020 approved proposed combination filed jointly by Keihin Corporation, Nissin Kogyo Co Ltd, Showa Corporation and Hitachi Automotive Systems, Ltd for their being...

A stronger leadership in the Asia-Pacific region Nasdaq-listed Equinix, Inc has expanded into India through the acquisition of the GPX Global Systems, Inc. (GPX India) for an all-cash transaction value of US$161 million which represents a multiple of approximately 15x...