Investment

Vineyard plans expansion into tourism Wines from Grover Zampa. Backed by an NRI-led investor group, one of India's leading wine makers, Grover Zampa Vineyards Ltd, is working on expansion plans, including hospitality services near Mumbai. "We have backing of a...

Acquisition adds a global sales and marketing engine   MPS Limited (MPS) and Tata Industries Limited (TIL) have entered into definitive agreements for the acquisition of TIL’s enterprise e-Learning business. Through this acquisition, MPS will acquire Tata Interactive Systems India...

Cruise operators work on Indian destination itineraries Some of India's new port developers are already in talks with international consultants for setting up cruise terminals to support estimated 200,000 passengers a year travelling out of the country. "I known that...

Plans for 10 lakh affordable houses CM Fadnavis cutting ribbon (file picture). The Government’s approval on the long-pending Mumbai DP 2034 is a welcome move. The Development Plan (DP) is likely to spur real estate activity in the city and...

National Biopharma Mission programme progresses   The World Bank has signed an agreeent with Indian Government to provide 50% of the US$250 million for a five-year programme to make India a hub for design and development of novel, affordable and...

SME convention signs 23 agreements Dr. Arun Kumar Panda, Secretary MSME presenting “friend of India” plaque to delegate from Malawi.   A Digital Trade Desk at the Ministry of Micro, Small and Medium Enterprises (MSMEs) will be set to promote...

Project to nurture indigenous innovation The World Bank has signed a loan agreement for IBRD credit of US$125 (equivalent) for the “Innovate in India for Inclusiveness Project” on 24th April, 2018 in New Delhi. The  Loan Agreement was signed by...

State urged to provide institutional credit Official at the conference. There is a need for a convergence among various entities involved in farmer-related initiatives as gaps in transmission impacts implementation of such schemes, according to a government official. “Agriculture credit...

Upgrade for 10,000-km roads in MP The World Bank has signed a US$210 million loan agreement for the Madhya Pradesh Rural Connectivity Project, covering 10,510 km. The loan was signed with the Indian and State governments in New Delhi on...

Campaigns refreshed for Indian and export markets ADS Group Ltd, which has more than 1,000 members from aerospace, defence, security and space sectors in the United Kingdom, has refreshed its market building campaigns for India. Detailing the multi-pronged campaigns, ADS...