Investment

Indian companies rely on foreign capital Clarity is needed in the newly revised Foreign Direct Investment policy which calls for a prior Government approval in case involving investment from neighbouring countries, namely China as only the cash-rich Chinese investors are...

Economy blessed with internal consumption While the world tries to revive weakening economies, the investment case for India has only strengthened under the current circumstances, even though these are largely made worse by COVID-19. India's main attraction as an investment...

Neighbouring investments will need prior approvals The FDI amendment, announced on 18 April 2020, will allow the Government to evaluate Chinese Investment proposals on a case to case basis, thus allowing it to streamline future investment proposals. The Government has...

Acquisition to boost two-wheeler market TVS Motor Company has acquired Britain’s most iconic sporting motorcycle, “Norton”, in an all-cash deal for a consideration of GBP16 million by acquiring certain assets of Norton Motorcycles (U.K.) Limited (in administration) through one of...

JusPay Board gets VFF representative Sweden’s Vostok Emerging Finance (VEF) has made its first investment in India, leading a US$21 million Series B investment round in JusPay Technologies Private Ltd. VFF led a group of investors in Bengaluru-based JusPay, a...

Govt urged to help trade and Industry during COVID-19 The PHD Chamber of commerce and Industry in its short-term and long-term suggestions to the government has suggested a stimulus package of Rs.11 lakh crore from the Government to mitigate the...

Affordable housing: 6.1 lakh under construction The COVID-19 pandemic is all set to derail the growth momentum of affordable housing in 2020, making it one of the worst-affected segments. Approximately, 6.1 lakh affordable units were under construction across the top...

Sood calls for $100bn cash infusion in 3 months The ASSOCHAM has recommended a stimulus package of at least US$200-$300 billion and a 16-point agenda to thwart one of the deepest global recession expected in the world’s history. Elaborating on...

Hitachi strengthens global network Japan’s Hitachi Limited 80.1% share capital acquisition of ABB Management Holding AG (ABB Management) has been approved by the Competition Commission of India (CCI). CCI approved Hitachi’s acquisition of ABB power grid business on 7 Apr...

JSW Energy acquires Odisha thermal plant The Competition Commission of India (CCI) approves the acquisition by JSW Energy Limited of GMR Kamalanga Energy Limited, under Section 31(1) of the Competition Act, 2002. The approval was given on 7 Apr 2020...