Investment

The Government has approved the 100% stake sale in Air India via a specific alternative mechanism, Civil Aviation Minister Hardeep Singh Puri has told the parliament on 12 Dec 2019.

Los Angeles’ Flowerkist Incorporated has entered into a proprietary agreement with Delhi-headquartered Dabur Research Foundation (DRF) to develop and launch a wide range of 100% hemp-based CBD infused topical products with its patent-pending “Rapid Penetration Technology™”.

The Government has undertaken 55 rail projects worth Rs.45,883.2 crore and 15 projects worth Rs.2,899 crore for enhancing port connectivity at various Major and Minor ports.

The National Highways Authority of India (NHAI) will monetize completed National Highways that have a toll collection track record of at least one year under a new trust company.

Japanese investment banking group Nomura expects Indian economy to continue the slower growth process, saying the current phase comes in the middle of a broader downturn in trend since 2016, driven by a slump in investments and employment opportunities.

The Cabinet  has approved for signing the Memorandum of Cooperation (MoC) to constitute the ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector and coal MoU.

The Indian Renewable Energy Development Agency (IREDA) is planning to set up a dedicated “Green Window to serve the unserved segments of renewable energy”, New and Renewable Energy Ministry Secretary Anand Kumar said on 11 Dec 2019.

Readymade garments, leather goods, processed foods and engineering products like auto components are among the products that enjoy tariff concessions from Japan, South Korea and Some of the ASEAN Countries, Commerce and Industry Minister Piyush Goyal has told Lok Sabha...

Wipro Limited has signed a Memorandum of Understanding (MoU) to launch a Center of Excellence (CoE) for open source in Oman.

Austin-based Green Revolution Cooling (GRC), the leader in immersion cooling for data centers, is increasing operations in the Asian market with the opening of offices in New Delhi on 1 January 2020.