Investment

MSCI says monitoring developments MSCI Inc. (NYSE: MSCI) is closely monitoring developments related to the concerted announcement by three Indian stock exchanges of imposing anti-competitive measures restricting the accessibility of the Indian equity market. On 15 Feb 2018, New York-based...

Govt support required for material supply Conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for electric vehicles can drive electric mobility in India, according to a joint study. The recent study by...

Work in progress for 1.8-lakh hotel rooms The government will complete its India Tourism Development Corporation (ITDC)-owned hotel divestment programme in the next six to 12 months, said Minister of State for Culture Dr Mahesh Sharma. “We have already disinvested...

Q1'18 survey: CFO optimistics on fund raising Chief Financial Officers (CFOs) in India are optimistic about the overall financial health of their respective companies, but are undecide on capex due to demonetization. The Dun & Bradstreet surveyed covered financial and...

State Govt to rehabilitate Indira Gandhi Canal India has siigned a Second Loan Agreement with New Development Bank (NDB) for US$100 million for Rajasthan Water Sector Restructuring Project for Desert Areas. Signed in New Delhi on 13 Feb 2018, it...

Freedom encourages employees to share ideas A study by researchers from Singapore and France has suggested an open culture for employees for productivity enhancement through intrinsic commitment to assignments in India. The study has underlined the role of organizational citizenship...

Workshops being held on prospects India is expected to offer 60 discovered small fields (DSF) having in-place volumes of 195 MMTOE in commercially producing basins under DSF Bid Round II soon. Compared to DSF Round I, the fields are larger...

GST for textile sector corrrected, says Irani Source: Textile Ministry. Skill on making handlooms. Reclassification of micro, small and medium size enterprises (MSMEs) and 5% reduction in tax on annual turnover of companies up to Rs.250 crore will help manufacturing...

Singh sees power exports for South Asia Singh lighting lamp at the inauguration of conference in Delhi on 13 Feb 2018. Minister of State for Power and New and Renewable Energy, R.K. Singh has called on National Thermal Power Corp...

Pradhan details UAE energy pacts Abu Dhabi National Oil Company (ADNOC) will invest US$400 million by way of storing crude in an underground rock cavern in Mangalore, Karnataka. ADNOC has signed an agreement with Indian Strategic Petroleum Reserves Ltd (ISPRL)...