Investment

The world economy is being further aggravated by the US-China Trade war and developments in Iran, said the Federation of Indian Export Organizations President Sharad Kumar Saraf.

Indian Railways is set to invest 50 lakh crores in the next 10 years to create a pool of opportunities, a two-ay CII Rail Connect conference was told on 17 July 2019.

Orion Business Innovation, a fast-growing global technology services group from New Jersey with offices in 10 countries including India, has acquired two companies in July - Behavior Design and Cabeus, to expand its cross-industry foothold and accelerate its growth strategy.

Larsen & Toubro Infotech Ltd has signed a definitive agreement to acquire Bengaluru’s Lymbyc, a specialist AI, machine learning, and advanced analytics company.

The Government has given approval to Westlake Village-based Alltemp, Inc. to establish India entity to deliver its energy saving proprietary alltemp® refrigerants for the massive India market and surrounding region.

The Cabinet has given ex-post facto approval to the Inter-Institutional Agreement between India and the US in the areas of regenerative medicine and 3D bioprinting, new technologies, exchange of scientific ideas/information and technologies, and joint use of scientific infrastructure.

An authoritative report in the United States has suggested that India and US should chart a map toward a Free Trade Agreement as recent negotiations have failed, putting such a pact out of reach in the immediate future.

Singapore’s award winning Global Indian International School (GIIS) is commencing its Rs.420 crore education investment programme with two SMART campuses in Pune.

Adani Ports & SEZ Ltd (APSEZ) and Germany’s Wilhelmshaven Freight Village Container Terminal are promoting trade and container shipping business between their ports.

The India two-wheeler tire market is projected to grow at a CAGR of around 5.6% during 2019-2025, riding on robust demand from rising population, urbanization, as well as rising disposable income.