Investment

The US government has approved sale of armed drones along with an offer of integrated air and missile defence systems to help India boost its military capabilities and protect shared security interests in the strategically important Indo-Pacific region.

The Government plans to create 100 lakh ton silo storage capacity in the country to ensure that not a grain of food is wasted.

Infrastructure Group Larsen and Toubro has made an open offer for 5.13 crore shares or 31% Bengaluru-based Mindtree, a global technology consulting and services company, helping Global 2000 corporations marry scale with agility to achieve competitive advantage.

The government should allow a minimum of 51% Foreign Direct Investment (FDI) in defence sector without any riders to linkages with ‘modern technology,’ so as to enable international defence companies to exercise adequate control over joint venture companies, intellectual property...

The Reserve Bank of India (RBI) has issued a revised framework for resolving stressed assets by offering lenders a 30-day period to label an account of a Non-Performing Asset (NPA).

Wipro Limited has announced the appointment of Rishad Premji as Chief Strategy Officer and Member of the Board, taking over as the Executive Chairman of the company Azim Premji, who retires on 30 July 2019.

The market for distressed assets in India is vast and will increase in the days to come, given the size of the Indian economy, its growth potential of 7+% for over next two decades or so, increase in intensity of...

The Competition Commission of India (Commission or CCI) has approved the acquisition of electrical and automation (EA) business of Larsen & Toubro Limited (L&T) by Schneider Electric India Private Limited and MacRitchie Investments Pte. Ltd.

Singapore, the Asian economic hub ranked top with 2018 foreign direct investment flow into India, is seen as leading investor in India’s US$250 billion worth of stressed assets in the financial sector.

The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for a dialogue between India and the US to find a workable solution with regard to the termination of the Generalized System of Preferences (GSP) for Indian products.