Investment

Confederation of Industry (CII) says policy measures are required to ease the tight liquidity situation by effecting a cut in CRR rate of at least 50 basis points.

Efforts to uncover global talent     Old Greenwich-based WorldQuant, the global quantitative asset management firm, and Mumbai’s QuantInsti, the algorithmic trading research and training institute, have announced a new hiring partnership intended to increase opportunities for quantitative trading talent...

Hindustan Aeronautical Ltd (HAL) is delivering Jan 2019 new Dornier 228 aircraft fitted with improved ‘state of the art’ sensors and equipment which includes glass cockpit, Advanced Surveillance Radar, ELINT, Optical sensors and networking features.

The 9th Vibrant Gujarat Summit opened with commitments to projects worth Rs.55,000 crore investments including a solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex.

The Japanese Official Development Assistance Loan Program is supporting two projects in India with a loan of Rs.3,420 crore.

The capacities if Micro, Small and Medium Enterprises (MSMEs) of the economically weak Scheduled Castes and Scheduled Tribes (SC/ST) are being given a revenue generating boost through a government programme.

RBI meets industry chambers     The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Reserve Bank of India (RBI) to consider cutting the repo rate and CRR to enable lowering of lending rates by banks....

Larsen & Toubro Infotech Ltd has acquired Ruletronics, a pure-play Pega® consulting and implementation company with offices in the UK, USA, and India.

Home Minister Rajnath Singh has approved a report of Task Force created by his Ministry to identify areas for use of Space Technology in improving Border Management.

India is using Nanosatellites in infrastructure development such as roads and railway lines as well as disaster management, said Dr. Jitendra Singh, Minister of State for Atomic Energy and Space Development.