Second PLI launched on 6 Jan, says Minister Specialty steel has drawn an investment of Rs.27,106 crore as of Dec 2024, Rs.18,848 crore of which has been achieved till end of last year, Minister of State for Steel and Heavy...
Read moreDetailsSecond PLI launched on 6 Jan, says Minister Specialty steel has drawn an investment of Rs.27,106 crore as of Dec 2024, Rs.18,848 crore of which has been achieved till end of last year, Minister of State for Steel and Heavy...
Read moreDetailsRamnath has stepped up US origination capabilities Mumbai’s Multiples Alternate Asset Management, along with its co-investors, has signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform, Qburst, for US$200 Million. Renuka Ramnath, Founder, MD...
Read moreDetailsIT security top priority for Indian companies A new study conducted by Virginia-based Capterra reveals that Indian businesses are significantly increasing their software spending in 2025, fuelled by the nation's rapidly evolving tech landscape. The study, part of Capterra’s 2025...
Read moreDetailsNewly closed fund to explore emerging sectors With several large domestic and offshore capital providers joining as first-time institutional investors in the Rs.2,000 crore Trifecta Venture Debt Fund - IV, Trifecta Capital plans to invest its new capital pool in...
Read moreDetailsICG gets Rs.5,000cr for ALH, Dornier Aircraft, Fast Patrol Vessels The Union Budget 2025-26 has made a provision of Rs 681,210.27 crore for Financial Year (FY) 2025-26 for the Ministry of Defence (MoD). This allocation is 9.53% more than the...
Read moreDetailsFund for financing ship acquisition The Union Budget 2025-26 proposes Maritime Development Fund (MDF) for India’s maritime sector by providing financial assistance, via equity or debt securities. The fund's initial corpus is pegged at Rs.25,000 crores. It will be supplemented...
Read moreDetails50-year interest free loans for states’ capex As part of the 3rd engine of investment in economy, Minister for Finance and Corporate Affairs Nirmala Sitharaman has proposed multi-sectoral reforms encompassing Public Private Partnerships support to States in the 'Asset Monetisation...
Read moreDetailsStrategy for getting foreign-domestic investment across India The Singapore Indian Chamber of Commerce and Industry (SICCI) has welcomed a comprehensive approach outlined in the 2025-2026 Union Budget, particularly about domestic consumption and economic growth https://www.commerce.gov.in/. “The targeted reduction in income...
Read moreDetailsSpeedy approval for company mergers, says Minister Foreign Direct Investment (FDI) limit for the insurance sector will be raised to 100% from 74% at present for companies which invest the entire premium in India, under the Union Budget 2025-26 https://www.wto.org/....
Read moreDetailsBudget for creating competitive investment environment Prime Minister Narendra Modi says a historic decision to promote the private sector in nuclear energy was taken following the presentation of Union Budget 2025-26 in parliament on 1 Feb 2025. He underlined that...
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