Investment

Saudi Aramco and ADNOC have signed a Memorandum of Understanding (MoU) on 25 June 2018 to jointly build a US$44 billion integrated refinery and petrochemicals complex at Ratnagiri in Maharashtra, making it among the single largest investment in India.

In a first-of-its-kind collaboration, India and Israel have jointly launched ‘scalerator’, for nurturing their start-ups estimated to be worth US$25 billion by 2025.

California-based Katerra, a technology company revolutionizing the design and construction industries, and India’s KEF Infra, an offsite manufacturing technology specialist, announced a merger that will jointly expand their geographic reach, manufacturing capacity, and market expertise.

With the total project portfolios of US$4.4 Billion, India has been the largest borrower of Asian Infrastructure Investment Bank (AIIB) lending since the time the Bank started its operations in January 2016, said Department of Economic Affairs Secretary Subhash Chandra...

Over the next 5 years, nearly 85 malls are expected to come up in India, and more than 30 new malls accounting for nearly 14 million sq. ft. area are expected to open just in the top eight cities by...

Japanese, South Korean and Chinese are among the investors keen on setting up marine product processing factories in the southern state of Kerala, Civil Aviation Minister Suresh Prabhu has assured.

India will benefit from the European Bank for Reconstruction and Development (EBRD) membership in the Central Asia and Eastern European regions, according to Subhash Chandra Garg, Secretary, Department of Economic Affairs.

The government has launched the Further Fund Offer (FFO) of Bharat 22 Exchange Traded Fund (ETF) of Centre owned Public Sector Enterprises (CPSEs), aiming to raise Rs.6,000 crore through a disinvestment policy.

Railway consultancy RITES Ltd's initial public offer was subscribed 66.75 times as the government expects to raise Rs.466 crore from the issue.

Options of finance and technologies for infrastructure development will be presented at a focum being held along with the Third AIIB Annual Meeting 2018 25-26 June 2018.