Investment

The Indian Managed Security Services (MSS) market is expected to witness a healthy CAGR of 30.9% by 2022, according to a report by ResearchAndMarkets on 14 June 2019.

Issues relating to bring in more capital to the infrastructure sector such as highways, railways, telecom, auto-mobile and incentives for electric vehicles were highlighted during Finance Minister Nirmala Sitharaman Pre-Budget Consultation Meeting with stakeholders from Infrastructure and Climate Change Sectors.

The Indian tourism industry is seeing a shift from destination-based to experience-based tourism, especially from millennial tourists, whose itinerary tops by Tamil Nadu.

Finance Minister Nirmala Sitharaman has discussed with the Financial Sector and Capital Markets' stakeholders issues relating to the banks, NBFCs, and Alternative Investment Funds (AIFs) among others during a Pre-Budget Consultations Meeting in New Delhi.

Stakeholders have been asked for support the National Mineral Policy (NMP) 2019, which aims to hike mineral production by 200% in seven years.

The Federation of Indian Export Organizations (FIEO) has called for online-30-day approval for all foreign direct investments relating to technology transfer and niche technology.

India and Russia have set an ambitious task to achieve an investment target of US$50 billion by 2025 with a special focus on cooperation in the high-tech sector, and emerging technologies.

India’s commercial real estate segment remained the most buoyant, with demand for Grade A office spaces increasing and vacancy levels declining across the top cities.

Karnataka, with well-established infrastructure and IT-ecosystems, offers investment opportunities in aerospace and defence equipment, agri and food processing, automotive, biotech, pharmaceuticals, medical devices, and textiles, according to a research report.

Wipro Limited will leverage on San Francisco-based Moogsoft’s industry-leading platform to deliver next-generation artificial intelligence for IT operations (AIOps) solutions for its customers.