Investment

E&P capex Rs.280bn-Rs.300bn ONGC's annual capex will be Rs.360 billion-Rs.400 billion over fiscals 2021-2022, a scale-back from earlier expectation given weaker profitability, said S&P Global Ratings on 21 May 2021. The company will likely continue to have exploration and production...

Regulators urged to consult industry Asset management companies should revisit their investment strategies and stress testing policies to ensure that it is equipped to meet with any future contingencies that may arise due illiquidity in the market and/or increased redemption...

Latest reforms to accelerate investments Opening up of all economic sectors to private businesses is a major breakthrough which will significantly push industrial and socio-economic development in the country, said Dr D K Aggarwal, President, PHD Chamber of Commerce and...

Growth driven by technology adoption India’s warehousing automation market is expected to expand at a compound annual growth rate (CAGR) of ~13.38% during the 2020-2024 period, to reach a value of Rs.421.5 billion by 2024. It was Rs.202 billion in...

Far reaching structural reforms It will be interesting to keep an eye on the fine print and the various facets of implementation of measures announced by Finance Minister on 16 May 2020, says Dhruva Advisors LLP. It acknowledged that the...

Social infra: Rs.81,000 crore Finance Minister Nirmala Sitharaman has announced new horizons of growth, structural reforms across eight sectors on 16 May 2020 as part of the economic revival measures. KEY HIGHLIGHTS: Commercial Mining introduced in Coal Sector Diversified Opportunities...

Uncertainties for 18-24 months International funds are leaving emerging markets amidst uncertainties for the next 18-24 months, experts believe. Japanese Retirement Funds, for one, is moving out of India and other emerging markets, participants at a New Delhi webinar heard...

ITEC supports trade with Tanzania Indian businesses were told to expect infrastructure and power projects over the next 2-3 years in Tanzania, trade relations with which are backed by Indian Technical and Economic Cooperation Programme (ITEC). “In the next 2-3...

Property ownership more attractive As evidenced by ANAROCK's recent COVID-19 edition of its consumer sentiment survey, homebuying sentiment is on a distinct rise. The world we live in has suddenly been sharply redefined, writes Prashant Thakur, Director & Head -...

Funds for continuing expansion Gojo & Company has raised US$22 million through series D for further growth of its existing group companies in India, Cambodia, Myanmar and Sri Lanka apart from future expansion to new markets in Asia and Africa,...