Investment

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...

Bid submission by 25 Jan 2018 Preparation of Detailed Master Plan and Preliminary Engineering Design Report for Integrated Manufacturing Cluster Site at Raghunathpur Industrial Park (RIP) in Raghunathpur, West Bengal under Amritsar Kolkata Industrial Corridor (AKIC) region. Tender Ref: AKIC/2017/12/01....

Billionaire exudes confidence in youth driving Indian market The Abu Dhabi-based NRI owned LuLu Group International will lay foundation of its shopping mall-convention complex-hotel hub construction at Vishakhapatnam next month, making it the biggest project of its US$2 billion investment...

Strategies for district level growth Prabhu holding a Press Conference on the 3rd meeting of Council for Trade Development and Promotion, in New Delhi on 8 Jan 2018. Minister for Commerce & Industry Suresh Prabhu has called upon states to...

Private Equities want to see competitive NBFCs An ASSOCHAM-PwC joint study has cautioned that non-banking financial companies (NBFCs) in India will have to keep pace with new technologies and changing customer aspirations to attract timely private equity (PE) investments. “NBFCs...

Market growth: 5.3% in vessels; 4.8% in tonnage Continuing its growth trajectory, Indian Register of Shipping has concluded 2017 on a successful note with increased class fleet, growing global recognition, improved geographical presence and strengthened its capabilities through several new...

Asean India collaboration way forward The economic growth driving efforts in India are showing results, said Singapore’s Trade and Industry Minister, S. Iswaran at the opening of Asean-India Pravasi Bharatiya Divas in Singapore on 6 Jan 2018. “We are seeing...

Asean-Indian PBD delegates update on Indian infra Gadkari (file picture) updated Asean India PBD delegates on infra projects in India. Indian ports are expected to generate a profit of Rs.7,000 crore this year, Road Transport, Highways and Shipping Minister Nitin...

IAN's US$70M fund and nurturing for young businesses Indian Angel Network (IAN), one of the world's largest seed and early stage investment groups in the startup eco-system, is to raise US$38 million from India and overseas for its second round...

Indian banks gets financing support for projects World Bank, International Finance Corporation and other multilateral financial institutions are assisting India’s solar power programmes, parliament was told on 4 Jan 2018. The World Bank is providing assistance of US$100 Million for...