Investment

It’s not exactly raining investments in the Indian real estate sector right now, but the increasing number of large-size investments give a ray of hope, writes Anuj Puri, Chairman – ANAROCK Property Consultants.

Wipro Limited has formed partnerships with two leading UK academic institutions – King’s College London and Sheffield Hallam University - for strengthening STEM education in state schools in the United Kingdom.

The Cabinet Committee on Economic Affairs has revised the cost estimate of Dam Rehabilitation and Improvement Project (DRIP) to Rs.3,466 crore with the financial assistance of the World Bank.

Odisha state has been allocated Rs.370 crores for upgrading four airports as part of building connectivity and promote tourism.

Minister of State for Defence, Dr. Subhash Bhamre, has recently flagged off five different Defence systems at Larsen & Toubro’s Strategic Systems Complex (SSC) on the outskirts of Pune.

As part of its diversification initiatives, Bharat Heavy Electricals Limited (BHEL) has expanded its footprint in the transportation sector with the flagging off of its first 6,000 HP electric locomotive (Type WAG-9H).

More and more Chinese companies are interested in investing in India, as their wage cost has increased, a Tamil Nadu state official said here on 21 Sept 2018.

There is a need for testing food products in order to ensure that it complies with domestic standards as well as international standards for exports, a top government official has said.

The regulation on data protection and privacy should adopt a risk-based approach and provide certain relaxations and exceptions for micro, small and medium enterprises (MSMEs) under specific circumstances, suggested a recent ASSOCHAM-PwC joint study.

Fitch Ratings has revised upward India's economic growth forecast for the current fiscal year to 7.8%, from 7.4% projected earlier but with a cautious note on rising oil prices, weak banks and tightening financial conditions.