Investment

The government has collected Rs.85,000 crore from disinvestment current fiscal year, Rs.5,000 crore above target and the second highest after more than Rs.1 lakh crore in fiscal year 2017-18.

The Construction Equipment Market in India expected to expand at a compound annual growth rate (CAGR) of ~7% till 2023, up from its 2017 value of Rs.210 billion.

Larsen & Toubro Limited (NSE: LT, BSE: 500510), has entered into a definitive Share Purchase Agreement (SPA) to acquire 20.32% stake in Mindtree, a global technology services and digital transformation company.

Topcoder, a Wipro company, its on-demand, crowdsourced Quality as a Service (QaaS) offering has powered a three-fold surge in speed, a two-fold increase in the regular work volume, and five-times the risk coverage for 60 client organizations, as compared to...

Goldman Sachs Asset Management has agreed to acquire Benchmark Asset Management Company, an asset management company in India, and bring actively managed onshore funds to India.

China Telecom Global and Tata Communications are working together to launch a global Internet of Things (IoT) service in the Chinese market.

Indian companies were welcomed to participate in the Indonesian infrastructure projects, particularly in the Aceh province, a connectivity of which is being developed with Indian islands.

Singapore’s Cube Highways and Infrastructure III Pte Ltd has entered into an agreement with Reliance Infrastructure Limited to acquire a 100% stake of DA Toll Road Private Limited (DATRPL), a toll road in the state of Haryana/Uttar Pradesh.

Over 500 projects are being discussed between Indian and African entities and India could extend its expertise to build strong logistics linkages in Africa, said Anup Wadhawan, Secretary, Ministry of Commerce & Industry.

Not all British companies have found it “entirely easy to operate in India” which is among the reasons for a still inconclusive Free Trade Agreement between the two countries, the UK government has admitted on 19 Mar 2019.