Investment

IIFL's Shah bullish on equity assets Indian companies and the central government are expected to raise around US$30 billion this year in equity and equity-linked offerings. A similar amount was raised in 2017 too and quality stocks have returned handsome...

Vehicle partnership strengthen alliance From left to right: Jim Farley, Ford executive vice president and president of Global Markets, & Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Dr Pawan Goenka,...

FM Shoukry seeks India-Egypt JVs   Egypt's FM Shoukry addressing FICCI delegates in New Delhi on 22 Mar 2018. Egyptian Foreign Minister Sameh Hassan Shoukry has called on the Indian industry to take advantage of Egypt’s geographical location as a...

MD McLemore reports unprecedent growth potential   Seattle-based Columbia Asia, with 12 hospitals in India, is expanding health service in Asia with freshly raised US$210 million for adding 16 hospitals and two clinics. It will have more than 4,000 beds...

PerkinElmer supports Govt initiatives The Biotechnology Industry Research Assistance Council (BIRAC) and PerkinElmer have signed a Letter of Intent to promote India-led startups and innovators in the areas of biomedical, biotechnology and public health. They will work together on the...

Govt. incetivizing MSMEs The Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017, with financial outlay of Rs.3,000 crores upto March, 2020. The government will provide necessary allocations for remaining period of scheme after assessment before March...

Develop more tourist projects, says Gadkari Gadkari cutting ribbon to inaugurate ferry service. Goa, one of India's most popular tourist states, has been assured of all funds for development of Sagarmala Projects as well as waterway links to hotels and...

Jharkhand to have Plastic Hub   The India government has approved a Rs.120 crore Plastic Park for making polymer prodcuts in Deoghar District in Jharkhand. Announcing this on 20 Mar 2018, Minister for Chemicals & Fertilizers Ananthkumar said 150-acre park...

PM seeks robust conflict resolution mechanism Modi (in white) with WTO members . Prime Minister Narendra Modi has reiterated India’s commitment to a rule-based multilateral trading system, based on the principles of inclusiveness and consensus. Speaking at the Informal World...

Rupee seen at 67 to US dollar The outlook for India government bonds remains challenging but some value may be emerging after the sharp sell-off over the past six months, according to a Singapore bank. In addition to renewed supply...