Investment

Indian buyers allowed to import in Rupees The UK government is doubling national credit support for British businesses exporting to India, Britain's international trade minister, Liam Fox, announced in London, during the visit of Commerce and Industry Minister Suresh Prabhu....

India can attain self-reliance in Defence The Indian army wants to equip solider on the frontline with niche technologies, said General Bipin Rawat at an industry seminar. The army is identifying these requirements as it has done so in the...

Accelerate technology induction in E&P, says expert An energy industry expert has raised issues such as building the confidence of investors on stability of the fiscal regime in the hydrocarbon exploration and production sector. Amit Khera, Partner, McKinsey & Company,...

Strategic location on Banjara Hills Hyatt Hotels Corporation (NYSE: H) has opened its first Hyatt Place hotel in Hyderabad. Developed by BGR Mining & Infra Ltd, 147-room Hyatt Place Hyderabad/Banjara Hills offers a fresh perspective on the uncomplicated stay experience...

Emerald Media takes stake in animation company Cosmos-Maya, a market leader in IP-led Indian kid’s animation content, will use new investment from a stake sale for strategic growth initiatives and creating global IPs to further increase its footprint across the...

100% FDI in single brand retail and construction The Union Cabinet has approved to a number of amendments in the Foreign Direct Investment (FDI) Policy, liberalizing and simplifying so as to provide ease of doing business in the country. In...

Plant to be commissioned in 2019 Source: Azure which is undertaking Bhadla Solar Park project. Azure Power (NYSE: AZRE) has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India (SECI). Azure...

All clearances obtained for project execution Rajasthan state government and Hindustan Petroleum Corporation (HPCL) have formed a joint venture (JV) to build the Barmer oil refinery. Work has started on the Barmer Refinery in Rajasthan with Prime Minister Narendra Modi...

Washington told its WTO request is invalid   India, rated among the world’s largest green energy market, has rejected the United States claim on its solar power policies, seen as protecting local industry at the World Trade Organization hearing on...

First production expected in 3Q’19 Michigan-based Maxion Wheels, the world’s largest wheel manufacturer, plans to develop and produce four million light vehicle aluminum wheels annually in India. It has formed Maxion Wheels Aluminum India Private Limited and secured a property...