Investment

Due diligence on Saudi deal Proceeds from recently announced asset sales will improve Reliance Industries Ltd's (RIL; BBB+/Stable/--) financial flexibility, and further its goal of being effectively debt free by March 2021, according to S&P Global Ratings. RIL is planning...

Durban bullish on Indian extraordinary engineering Silver Lake, a global leader in large-scale technology investing, is investing Rs.5,665.75 crore in Jio Platforms, citing its extraordinary engineering capabilities in low-cost digital services in a market with enormous potential. Jio Platforms has...

Agro-MSME policy coming soon MSMEs have been told to win Japanese investments which is being relocated from China to elsewhere under a special package offered by Tokyo. It is an opportunity for India which should be grabbed, said MSME Minister...

Millennials are key drivers A majority of 1,910 participants (~48%) in an ANAROCK survey to gauge housing market sentiment in COVID-19 times chose real estate as their preferred investment asset class. Of these, 59% of intending buyers are end-users, writes...

London discusses CBILS details The Economic Team at the High Commission of India in London is ready to assist businesses across the United Kingdom, High Commissioner Ruchi Ghanashyam has assured. "We are finding new ways of working and organising efforts...

Modification proposal by Canary and Link II The Competition Commission of India (CCI) has approved the acquisition of less than 5% shareholding in Intas Pharmaceuticals Limited by Canary Investments Limited and Link Investment Trust II, under Section 31(1) of the...

BP takes 49% RBPML The Competition Commission of India (CCI) has approved Proposed Combination between BP Global Investments Limited (BP Global) and Reliance BP Mobility Limited (RBPML) under Section 31(1) of the Competition Act, 2002. The Proposed Combination, approved on...

Strengthen sector with global investors The Electronics Industry has been urged to explore the new opportunities that are arising out of the adversity during the COVID-19 and make India a global hub of electronics manufacturing. Making this call, Minister of...

Policy liberalized with conditions While the Central Government is mulling over liberalizing foreign investment into insurance companies as well, the liberalization of the insurance intermediation is expected to boost foreign investment into the sector significantly, according to Abhinav Harlalka and...

FICCI seeks fiscal support for industry Chief Minister Bhupesh Baghel has called on the industry to invest in his state Chhattisgarh, assuring that all necessary steps will be taken to allow the industry to function. Addressing a special session via...