Investment

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...

RITES completes delivery 6-month ahead of schedule RITES deliver locomotives to Myanmar. Myanmar has taken deliver of 18 microprocessor controlled locomotives under the Indian Line of Credit from RITES Ltd of the Railway Ministry. Rajen Gohain, Minister of State of...

Support sort for Start-ups and innovations FICCI-Russian during bilateral trade talks in New Delhi on 19 Mar 2018. Russian Deputy Minister for Economic Development, Alexey Gruzdev, has called for innovative business strategies to raise Russia-India trade to US$30 billion by...