Investment

Businesses will re-strategize expansion plans The cash-rich US funds could leverage the COVID-19 fallout to optimal advantage as and when they enter Indian shores, hopefully towards second half of 2020, scouting for good bargains and value-pick options on their own...

Bid for Religare Health Insurance equity shares The Competition Commission of India (CCI) received from Trishikhar Ventures LLP a proposal for 18.951% acquisition of the equity share capital of the Religare Health Insurance Company Limited. Trishikhar is a special purpose...

COVID-19 has derailed office segment Housing sales witness a 25-35% yearly drop in 2020 against the preceding year, reveals the ANAROCK report 'COVID-19 - Will it Reset Indian Real Estate?' Residential sales in 2019 stood at approx. 2.61 lakh units...

Total takes indirect 50% of JV for $500m The Competition Commission of India (CCI) has approved formation of 50:50 Joint Venture between Adani Green Energy Limited and Total S.A. in the business of power generation through solar energy in India....

Investment: $156.08bn needed for 300MTPA India’s metal industry is set to witness a 6% Y-o-Y Demand Growth in FY 2020, and an investment of US$156.08 billion is needed to have a 300 million tonne per annum capacity by 2030. Capacity...

Call on LIC to infuse liquidity into NBFCs Noting the painful impact of coronavirus on global economies, the ASSOCHAM has sought a blanket year-long moratorium by Indian banks on debt repayment both for corporates and individuals. It has also called...

Cabinet approves Rs.40,995 crore scheme Global mobile phone manufacturers are set to benefit from a Rs.40,995 crore incentive scheme approved by the Cabinet on 21 Mar 2020. The proposed scheme is likely to benefit 5-6 major global players and few...

India works to build Rs.86,840cr medical device sector To support the strong growth in Medica Device sector, the Cabinet has approved a series of schemes including Production Linked Incentive (PLI) scheme for promoting domestic manufacturing of medical devices with financial...

FICCI report.

UP Defence Corridor: Rs.50,00crore anticipated Over 200 partnerships involving Signing of Memorandum of Understanding (MoUs), Transfer of Technology (ToT) and Product launches were concluded during DefExpo 2020 to achieve Rs.35,000 crore defence exports target in the next 5 years. These...