Investment

India is set to get investments from Saudi Arabia in its massive infrastructure development programme following approval by the Cabinet Committee on Economic Affairs on 13 Feb 2019.

The government has offered to sell 100% of Air India Air Transport Services Ltd (AIATSL), Air India's ground handling services provider  to 46 airlines.

The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used to gleeful prophecies of doom regarding real estate and take...

Hyderabad-based Zoom Technologies (ZT) has chosen Guangzhou’s CADbro to accelerate their customized mold production.

Skechers U.S.A., Inc. (NYSE: SKX), a global leader in the footwear industry, has purchased the minority share of its Indian joint venture, transitioning the business to a new wholly-owned subsidiary for gaining market share in India.

India has signed a big contract to acquire for 72,400 assault rifles for about Rs.700 crore, reported Press Trust of India on 12 Feb 2019, citing Defence Ministry officials.

The Indian Government is trying to encourage private and state-owned mills to go for overseas asset acquisitions for raw material as a supply security, said Minister of State for Steel, Vishnu Deo Sai.

The Defence Ministry is shortlisting potential Indian Strategic Partners and foreign Original Equipment Manufacturers (OEMs) for the ‘Procurement of 111 Naval Utility Helicopters (NUH) for the Indian Navy.

Rainshine Entertainment has acquired a significant stake in Mumbai’s Kinsane Entertainment Inc, a global digital entertainment company focused on 2 to 15-year-olds and families.

IIFL Asset Management (IIFL AMC) has launched its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (IIFL Fund), by virtue of merger of Ashburton India Equity Opportunities Fund into IIFL Fund.