Investment

Investment supports WPP's expansion strategy WPP's (NYSE:WPP) wholly-owned global media investment group, GroupM, has agreed to acquire a majority stake in The Glitch, a digitally-led creative agency in Mumbai and Delhi. Founded in 2009, the Glitch’s full-service capabilities include digital,...

Study gives more than 60 policy inputs India faces challenges in building its port related infrastructure, which is critical for achieving 5% share in the world exports, according to a study which has outlined some solutions. To achieve a target...

Lendingkart to expand credit offerings Signing of Fullerton-Lendingkart fund raising pact. Source: Fullerton. Singapore’s Fullerton Financial Holdings Pte Ltd (FFH), along with participation from existing investors, is leading over US$87 million being raised by Indian Fintech Lendingkart Technologies Private Limited....

Bid closes 14 Feb 2018 Bridge and Roof Company (India) Limited seeks bid for CIVIL and STRUCTURAL WORKS FOR ASSAM PETROCHEMICALS Ltd, ASSAM. Tender ref: BnR/HO/51109/TD/CIVIL WORKS/01. Tender ID: 2018_BandR_300043_1. Bid closes: 14-Feb-2018 05:00 PM. Bid opens: 16-Feb-2018 05:00 PM....

PM Modi gets oil field stake during UAE visit Modi meets UAE leaders.   Oil and Natural Gas Corp (ONGC) led Indian oil companies has signed a Memorandum of Understanding for a 10% stake for US$600 million in Abu Dhabi’s...

EV for designing transport infra, says study   Electric vehicle (EV) market has the potential to grow significantly in the coming years as sales are expected to witness high double digit growth rates annually in India till 2020, noted a...

FY2019 revenue seen at US$143-$151M Solar-based Azure Power Global Ltd is expecting to put into operation 1,300–1,400 MW in fiscal year ending March 2019, up 30-55% year on year. For current fiscal year, it expects to 905–1,000 MWs to be...

Nine month net profit up 171%, reports NALCO National Aluminium Company Limited (NALCO) is vigorously pursuing its projects including a 1,320 MW Greenfield Thermal Power Plant in Odisha. Its other projects includes: addition of 0.5 MTPA capacity to its existing...

Contracts comes with incentives and penalty   Ministry of Railways is adopting Engineering, Procurement & Construction (EPC) tendering system with structure of incentive and penalty to electrify 38,000-km route network over five years to 2022. The Indian Railways have prepared...

The Pan-Asian Trade Block for one-third global GDP Girija Pande. India’s planned participation in the Regional Comprehensive Economic Partnership (RCEP) has seemingly caused concerns within the Indian industry of the possible flooding of cheap Chinese imports into the Indian market,...