Investment

Global investment firm KKR will acquire a 60% stake in Ramky Enviro Engineers Limited (REEL), a leading provider of environmental services and solutions in India and overseas.

The Civil Aviation Ministry is working to ensure the Indian airline sector is a locomotive for the global civil aviation, with an investment of Rs.4.5 lakh crore, its secretary R.N. Choubey has assured.

ASSOCHAM seeks hand-holding     Aviation, the sector which was showing an immense promise till about a year ago, is facing head winds with most of the airlines battling a survival issue. The sector is hit by rising fuel costs...

The South Korea-India defence cooperation will get a major boost with Korean defence contractors evincing avid interest in investing in defence industrial corridors coming up in Tamil Nadu and Uttar Pradesh.

The Island Development Agency (IDA) has reviewed 11 anchor tourism projects, six in Andaman & Nicobar and five in Lakshadweep during Investors’ Conference held on 10 Aug 2018 in New Delhi.

ExaGrid®, a leading provider of hyper-converged secondary storage for backup, has announced the expansion of its Middle Eastern coverage with the appointment of Rami Nasser as Regional Sales Director for the Middle East, India, and Africa.

The National Highway Authority of India (NHAI) has appointed Deloitte Touche Tohmatsu India LLP as Transaction Advisor for second Bundle of Toll, Operate and Transfer (TOT), bids for which have been invited.

Research firm Ovum has recognized HCL Technologies as a market leader in its 2018-2019 “Ovum Decision Matrix: Market Leaders in North American Applications Services”.

India needs to set up water regulatory authority along the lines of power and telecom sectors, given the high consumption expected from industrial sectors, especially electricity generating plants, according to an industry study.

India can gain export market share from the United States-China trade war by expanding the number of products it ships to the two countries.