Investment

The Government has established Fund of Funds for Startups (FFS) with corpus of Rs.10,000 crore to meet the funding needs of startups across the country which were 19,351 as of 24 June 2019.

The Karnataka government has proposed to ban construction of new apartments in Bangalore for 5 years. This is a harsh scenario to ponder, considering that the reasons that led to its need are haphazard over-construction and negligence to implement proper...

Commerce and Industry & Railways Minister Piyush Goyal has reviewed the draft National Logistics Policy and has stressed on the need to bring down the logistics cost to less than 10% of the GDP by 2022 from the current 14%...

The Indian air purifier market is projected to grow at a CAGR of over 28% during 2019-2024 to reach over US$220 million by 2024, on the back of rising expenditure on health and wellness products along with growing awareness regarding...

A new Pune office is to set expansion pace for Boston-based Acquia's open digital experience across the Asia Pacific region.

Indian Railways (IR) has plans to set up 500 Mega Watt (MW) of Land based Solar plants, including those on its unused land, Railway Minister Piyush Goyal said in a written reply to a question in Lok Sabha (Parliament) on...

The Public Sector Units (PSUs) in the defence industry have been given a target to achieve 25% of their turnover through exports by 2022-23, Defence Minister Rajnath Singh told Rajya Sabha on 26 June 2019.

Platform to reduce project costs by 60%     Tech Mahindra Ltd has announced a strategic global alliance with Dallas’ K2View, Inc to help organizations accelerate and bridge digital transformation by giving enterprises real-time access to their data, across silos,...

Commerce and Industry Minister Piyush Goyal has directed Department for Promotion of Industry and Internal Trade (DPIIT) to immediately form a committee to hear grievances and provide necessary clarifications on issues related to FDI in e-Commerce.

Deregulated interest rate on advances     The Government and Reserve Bank of India (RBI) have advice Scheduled Commercial Banks (SCBs) have taken several steps to ensure access of credit to Micro, Small and Medium Enterprises (MSMEs). This follows several...