Investment

Finance Ministry clears Rs1.5 lakh crore investment Life Insurance Corporation of India has been cleared to invest Rs.1.5 lakh crore in the railways through bonds issued by the Indian Railway Finance Corporation (IRFC). On November 23, the finance ministry issued...

It notes infrastructure bottleneck The Asian Development Bank (ADB) will raise its funding to US$20 billion during 2018-22 to help accelerate inclusive economic transformation of India. The multilateral project lender has decided to provide loans up to US$4 billion on...

Sector gets 'infrastructure' status   The Confederation of Indian Industry (CII) has welcomed the setting up of Logistics division in the Commerce Ministry, pointing out that the sector needed recognition. “We are extremely delighted and sincerely thank the Government of...

Regulatory clearance sought for investments in litigation Batting for one-time solution for the vexed issue of ‘assured return’ on Private Equity investment, the ASSOCHAM is seeking a meeting between Finance Ministry officials and the global private equity funds so that...

Bid submission 30 Nov 2017 Ministry of Shipping has called tenders for setting up timber-based industries for the Paradip Smart Industrial Port City (SIPC) which is being developed as a logistics park. It has called E-Tender cum E-Auction for allotment...

Ministry to award contracts for renewable development Singh addressing the gathering at the announcement of the Third Wind Power Auction Scheme 24 Nov 2017. India presses on with its ambitious renewable energy developments and has listed out potential award of...

ONGC to take 51.11% govt stake in HPCL (Certainly the government is making it easier for both the Oil & Gas and M&A industries. India needs to have its major industries consolidated and match the global MNCs. Editor.) Merger and...

Study sees scope for investment in technology India’s US$121 billion food processing needs to focus on product conformity with global standards and quality together with factors like logistics traceability and safety, quality of packaging and delivery. “There is a need...

Membership will open new vistas for Indian professionals The Union Cabinet has approved India's Membership for European Bank for Reconstruction & Development (EBRD) which will boost investment opportunities. Department of Economic Affairs will initiate the process to acquire the membership...

Chinese leaser to deliver 14 aircraft by 2019 CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), has delivered a new Airbus A320neo aircraft to India-based, low-cost carrier Go...