Investment

Interim budget may focus on wooing voters rather than boosting specific industries while funding announcements without implementation guidelines will not suffice, writes Anuj Puri, Chairman – ANAROCK Property Consultants.

Vibrant Gujarat 2019 has attracted additional Rs.3 lakh crore investment over the next 10 years from India's conglomerate leader, home-grown Reliance Industries Ltd (RIL).

The Central Government has invested Rs.75,000 crore on infrastructure developent in Mumbai, Railway Minister Piyush Goyal told reports on 19 Jan 2019 after flagging off the first Rajdhani Express of the Central Railway.

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....