Investment

Sood says RBI addressing growth and inflation dynamics The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the 50-bps cut in the Cash Reserve Ratio (CRR) by the Reserve Bank of India on 6 Dec 2024. Responding...

CIL planning large Under Ground mines Terms and conditions of commercial coal mining are very liberal with no restriction on utilization of coal, allowing new companies to participate in the bidding process, reduced upfront amount, Minister of Coal and Mines...

Jisang Yoo named CEO to lead Mirae Asset Sharekhan South Korean Mirae Asset Financial Group says the completion of its acquisition of Sharekhan aligns with its vision of establishing a robust presence in India’s retail brokerage market. The acquisition, following...

Fund to invest in emerging businesses out of India Star Union Dai-ichi Life Insurance Co Ltd (SUD Life) has launched two new funds, creating opportunities for Indians to participate in India’s growth story as well as invest in new emerging...

GEM-WadzPay partnership to make impact on financial services Singapore’s WadzPay Worldwide Pte Ltd, with centres in New Delhi and Hyderabad, has secured a capital commitment of S$50 million in the form of a Share Subscription Facility (SSF) from GEM Global...

Sponsor banks-RRBs told to recognize challenges ahead Finance Minister Nirmal Sitharaman has underlined importance of providing digital services of Internet Banking, Mobile Banking and UPI to customers of Rural Regional Banks (RRBs) and directed these RRBs to complete onboarding of...

#BanoSmartKaroStart, Agnik to empower traders Ludhiana’s Master Trust Group said its newly introduced Agnik is a response to National Stock Exchange of India's (NSE) recent outlook that highlights the increasing demand for accessible and reliable trading platforms across diverse regions,...

Singapore expertise can help Indian business scale globally A SICCI-ICAO MoU signed Feb 2024 will deepen Singapore-India ties while facilitating investment flows in both directions, says a leading business leader in the city state https://www.investindia.gov.in/ . “This MoU-based partnership marks...

Port SEZ aligns logistics group with India’s growth story Welspun One is investing US$325 million in India’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai (India)....

Saudis to tap its unexplored mineral potential Vedanta Copper International aims to invest US$2 billion in significant copper projects, encompassing a 400 KTPA greenfield copper smelter and refinery and a 300 KTPA copper rod project, which are set to be...