Investment

Somerville company works with Bangalore institutions to attract the best, most diverse new talent SmartBear, a leading provider of software development and visibility solutions from Somerville, Massachusetts, is increasing its investment in India as the market potential for software development...

Infrastructure, Metals, Iron and Steel, Food Processing drive long-term credit demand The banking sector’s clean balance sheets support further loan growth going forward, according to a FICCI-IBA Bankers’ survey done during July-Dec 2023 which was released on 21 Mar 2024....

Savi says added capabilities will be commitment for being preferred global flow provider ITT Inc. (NYSE: ITT) is investing approximately US$11 million to expand testing capabilities at three of its Industrial Process (IP) sites in India, Germany and Saudi Arabia...

Forum a vital networking and knowledge-sharing platform, says CII The UK India Business Forum (IBF), recommenced on 19 Mar 2024 in London, has huge value in creating relationship for the future through supporting business and investment, says Vikram Doraiswami, High...

Rs.120bn PLI revitalizing manufacturing of heavy mining-construction equipment The Ministry of Steel has established 57 Memorandum of Understanding (MoUs) with 27 companies, projecting an investment of around Rs.300 billion for creating an additional capacity of approximately 25 million tonnes (MT)...

NHIT has established itself as a leading player in the InvIT space, says Jain Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board lead investors in the Rs.16,000 crore raised by the National Highway Authority of India (NHAI),...

Maybank has become the first bank to settle in INR-IDR local currencies Malaysia’s Maybank is investing US$10 million in the group’s Mumbai branch through Indonesian-subsidiary PT Bank Maybank Indonesia Tbk to continue supporting business and trade relations between Indonesia and...

Big capex spending by coal producers Ministry of Coal https://unfccc.int/ has outperformed in the Govt’s ambitious plan of monetizing underutilized assets in its flagship programme of Asset Monetization started in FY 2021-22. Overall achievement under Asset Monetization is as follows:...

Moderating equity return expectations strike a note of caution 2024 will be a pivotal year globally and for India, says R Shankarraman, ED & CIO – Third Party Products, Centrum Wealth which has released an economic survey. The Fund Managers’...

Rieder spoke of the uncertainty that AI portends as for jobs are concerned On his first visit to India, BlackRock Chief Investment Officer for Fixed Income Assets, Rick Rieder said India’s economic growth was unlike what he had ever seen....