Investment

Hewlett Packard Enterprise (NYSE: HPE) plans to invest US$500 million in India over the next five years to grow its operations, manufacturing and employee base in the country.

Detailed master planning and preliminary engineering activities are in progress for Krishnapatnam (Andhra Pradesh) and Tumakuru (Karnataka), which are two nodes of the three identified in the Chennai-Bengaluru Industrial Corridor (CBIC).

Expansion is on the cards for employers across India in 2019, as 73% say they feel optimistic about the country’s growth outlook, and 66% have plans to further expand their headcount.

The Reserve Bank of India Governor Shaktikanta Das has discussed banking and financial sector issues with CEOs of the public sector banks and the Chief Executive of Indian Banks Association (IBA).

The Tourism Ministry has identified 17 sites in 12 clusters in the country for development as Iconic Tourism Sites, Minister of State Prahlad Singh Patel told Rajya Sabha on 23 July 2019.

In a major landmark judgement favouring aggrieved homebuyers, the Supreme Court has cancelled the registration of all companies of Amrapali Group under state RERA.

The post-Budget rally in the Indian bonds has lost steam, said Singapore-based DBS Group Research in its daily market report on 23 July 2019.

United Technologies Corporation (UTC) for Collins Aerospace, a subsidiary of UTC, has selected L&T Technology Services (NSE: LTTS) as a strategic partner with a role in engineering road map.

HDFC Bank Ltd's higher provisions on its unsecured loans are timely and provide a buffer against potential deterioration in asset quality, said S&P Global Ratings.

The Rs.325 crore project for Channel and Basin Deepening of Inner Harbour Tuticorin for Fully Loaded Panamax Ships is under tendering, Minister of State for Shipping Mansukh Mandaviya said in a written reply to Rajya Sabha on 22 July 2019.