Investment

A Billion dollar Blockchain Mining business by NRI A Singapore-based young Indian entrepreneur is in the process of creating a huge multimillion dollar mining infrastructure to support blockchain businesses across Asia, including India. Vikas Gupta, CEO at Miners at Work...

SPV with 100% govt equity for Rs.25,703 crore project Dwarka Smart City. The Cabinet has approved the development of Exhibition-cum-Convention Centre (ECC) at Dwarka in New Delhi, and allied infrastructure in Public Private Partnership (PPP) and non-PPP Mode. The approval...

India-HK avoidance of double taxation approved A Tax Agreement will stimulate flow of investment, technology and personnel from India to Hong Kong and vice versa, prevent double taxation and provide for exchange of information between the two Contracting Parties. The...

Smartkarma's reaps US$21 million Indian-owned Sequoia India has led the Series B round of financing for Singapore-based Smartkarma, Asia’s largest provider of independent investment research. The Series B was closed 6 Nov 201, bringing Smartkarma's total funding to US$21 million....

PM highlights attractive fiscal incentives Modi with the Global CEOs of the Food Processing Sector as part of the ongoing World Food India event, in New Delhi on 3 Nov 2017. Prime Minister Narendra Modi said India is now the...

Coastal Berth Scheme expanded to cover DPR   The Ministry of Shipping has taken up projects worth Rs.2,302 crore for financial assistance under the Coastal Berth Scheme of the flagship Sagarmala Programme. The Ministry, after due appraisal in consultation with...

Progress of 55 projects reviewed The Asian Development Bank is willing to enhance its annual sovereign lending to Indian projects from the present US$2 billion to US$3 billion, said Diwesh Sharan, Deputy Director General (DDG) for ADB’s South Asia Department,...

Minister calls for zero defect-zero effect policy Streamline taxes, implement incentives and create healthy competition among states to attract domestic and global investors for India to break into top 50 in the World Bank’s Ease of Doing Business Rankings. “We...

Arval to undertake financial leasing The Department of Economic Affairs has cleared Foreign Direct Investment (FDI) of Rs.24.56 crore in October 2017. It has given approval to Sterling Commerce Solutions India Pvt Ltd to issue shares following its merger with...

Application days increased for online dealings The Shipping Ministry has launched revamped software and updated guidelines to facilitate implementation the Rs.4,000 crore financial assistance approved in 2015. The Ministry has rolled out an updated version of the web application, along...