Investment

Acquisition approved under green channel The Competition Commission of India (CCI) has approved under green channel acquisition by France’s Atropos de Paris SA (ADP) of 49% equity share capital of GMR Airports Limited (GAL) and 100% of GMR Infra Services...

Clean fuel from Q4 2021 AG&P, the global downstream gas and LNG logistics company, has broken ground on its LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in...

Essential to make basic weapons in India Self-reliance in the small arms sector is fundamentally necessary for the nation in the long run, said Vice Admiral R Hari Kumar, Chief of Integrated Defence Staff to The Chairman Chiefs of Staff...

Berlinale offers opportunities The medium of cinema has potential to build collaboration and partnerships between India and the world, said External Affairs Minister Dr S. Jaishankar while inaugurating the India Pavilion at the Berlin International Film Festival (Berlinale) 2020 on...

India-UK Amends Fund MoU The Union Cabinet has approved on 19 Feb 2020 the proposal of Securities & Exchange Board of India (SEBI) to sign an updated Alternative Investment Fund Managers Directive (AIFMD) MoU with Financial Conduct Authority (FCA), UK,...

Idea mooted: Pit-head thermal plant Thermal coal import will stop from Financial Year 2023-24 while a pithead thermal plant idea has been mooted at local mines, said Minister of Coal and Mines Pralhad Joshi. He spoke at the “Chintan Shivir”,...

IT-ITeS services drive growth The Special Economic Zones (SEZs) continue to take the lead in expanding the exports for the country, achieving US$100 billion worth of exports in FY 2019-20. The SEZs showed resilience in the midst of volatile global...

Approval subject to modification The CCI has approved 100% acquisition of WABCO Holdings Inc by German-origin global technology company ZF Friedrichshafen AG (ZF) under Section 31(1) of the Competition Act, 2002. ZF develops, manufactures and distributes products and systems for...

Reviewed: DPSUs’ indigenization levels Defence Minister Rajnath Singh has called on state-owned shipyards to operate at full capacity, explore new business models to increase to be competitive in export markets. Singh made the call during a review of four Defence...

Badal calls for UAE investments India is to explore the possibility of setting up a fund for providing marketing support to launch Indian products in the UAE supermarkets. The proposal came following one-on-one meetings held by Minister of Food Processing...