Investment

96 companies have committed Rs.2,339.14cr investment The Government has approved 22 new applicants under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The newly approved companies are expected to bring in a total investment of Rs.2,339.14 crore,...

McNamara says India is a key strategic market for the global group Haleon (LSE/NYSE: HLN), a consumer company that is solely focused on better everyday health with global network, plans to expand its business in India by investing approximately £175...

India is looking to move beyond generics, says Minister Minister of Commerce & Industry Piyush Goyal has invited global pharmaceutical companies to partner with India in its journey towards innovation-led and inclusive healthcare, stating that India's pharmaceutical industry can double...

India’s financial landscape is evolving rapidly, says IDFC More than 40 major currencies are operating within the international financial ecosystem being established in the GIFT City, also known as Gujarat International Finance Tec-City, which is India’s first duty-free International Financial...

Bansal says green hydrogen effective pathway toward decarbonizing sectors Global marquee institutional investors—International Finance Corporation (IFC), Siemens Financial Services – the B2B financing arm of Siemens AG, and Fullerton Carbon Action Fund have signed definitive agreements for a collective amount...

Work in progress on Gurugram development and Nespresso cafes, says Thakral Singapore-listed Thakral Group expects to deepen its position in India’s drone ecosystem, while it is in the midst of mixed-use healthcare development in Gurugram and the expansion of its...

Work in progress to attract long-term institutional investors The capital market is undergoing a series of reforms to increase Foreign Portfolio Investor (FPI) participation in Government Securities (G-Secs) and strengthen India's standing as a leading destination for global investments. Key...

Minister conveys India’s keenness to deepen energy trade Minister for Petroleum and Natural Gas Hardeep Singh Puri has reaffirmed India’s strong support for Venezuela's energy reconstruction, adding that Indian are ready to deepen their presence in the South American country....

AI-powered software solves critical challenges in defense and enterprise security infrastructure, says Kulkarni Panthera Growth Partners (PGP), a Singapore-based growth equity firm, on 5 June announced a USD30 million investment in Innefu Labs, India’s leading artificial intelligence company in the...

Spiro bring Danish pension capital to African markets Indian Entrepreneur Gagan Gupta's African EV platform Spiro has raised US$215 million and has announced plan for Pune Tech Centre to drive continental scale. The US$215 million investment round is to accelerate...