Investment

There is a temporary reprieve from global risk-off catalysts (oil and dollar), but developments are still fluid as we head into 2019, writes Radhika Rao, DBS’ Economist for India, Thailand & Eurozone.

A World Bank loan of US$200 million is supporting the Ministry of Micro, Small and Medium Enterprises' Rs.2,200 crore implementation of Technology Centre Systems Programme (TCSP) for over 63 million MSMEs in the country.

The National Highway Authority of India is finalizing a detailed project report (DPR) for the of NH-80 (new NH-33) between km 65 to km 190 in Bihar.

The Asian Development Bank (ADB) is lending $60 million to help reduce floods and the riverbank erosion in Assam.

Capital expenditure is likely to slow down due to economic uncertainties in India which goes into an unpredictable General Elections by May next year.

UK telecom group BT and Indian Institute of Science (IISC) has launched a collaborative research centre in Bangalore to generate insight into emerging technologies and develop new generations of products and services.

Wipro Limited is deepening relationships with Detroit automotive community, developing and showcasing next-generation technologies and solutions for Original Equipment Manufacturers (OEMs), tier I suppliers, insurers, technology companies and others.

Larsen & Toubro Infotech has appointed Nachiket Deshpande as its Chief Operating Officer, bringing with him 23 years of experience for having worked in the United States, Europe and Asia.

A government-appointed committee has recommended high speed multi modal connectivity, business services and utility infrastructure in re-designing Special Economic Zones (SEZs).

The Government promotes ecosystem for development of Micro, Small and Medium Enterprises (MSMEs) through various programmes and schemes, Rajya Sabha was told on 12 Dec 2018