Investment

Non-retail portion over-subscribed by 3.19 times     The Indian government is likely to raise Rs.750 crores through disinvestment of 5% of paid-up equity shares of lignite-power company, NLC India Limited (NLCIL), through Offer for Sale (OFS) mechanism. It has...

Capital support of Rs.2.11trn from recap bonds/fund raising The Finance Ministry unveiled a package of measures, to raise infrastructure spending, particularly road, highways, support small and medium businesses and helping the banking sector, noted Singapore banking group DBS in its...

NTA be made nodal agency for investment India must intensify development of tourism sector, says a joint study by ASSOCHAM-Yes Bank, proposing tourism infrastructure development and the emergence of tourism themes. Speaking at the release of the study in New...

CORE joins global network GenePeeks, Inc., a computational genomics company focused on transforming disease risk analysis, has announced an exclusive distribution agreement with CORE Diagnostics, a next-generation diagnostics provider committed to bringing best-in-class clinical technology and innovation to India. This...

CSIR working on 200 technologies Smith meeting Dr Vardhan, in New Delhi on 17 October 2017. Department of Science & Technology Minister, Dr. Harsh Vardhan, said the Government’s aim is to make science people-centric, and the Council of Scientific and...

Meet 800 companies at World Food India 2017 Badal addressing the Curtain Raiser Press Conference for World Food India 2017, in association with the Confederation of India Industry (CII), in New Delhi on 16 October 2017. An estimated US$10 billion...

US and UK lines up for investment in Indian funds A wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), the ADIA Group, would invest US$1 billion in the National Investment and Infrastructure Fund (NIIF) Master Fund. The Department of...

DBS sees festive-driven demand and good monsoon in India The Indian government's policy fine-tuning is likely in the coming weeks as it has just done so with Goods and Services Tax (GST), said Development Bank of Singapore (DBS) in its...

Pradhan inaugurates Aramco office in Gurugram Saudi Aramco, the world’s largest energy group, is planning to expand its operation in India by introducing hydrocarbon sector services, including engineering services, IT operations & security as well as R&D centre in near...

The definition of development has changed Modi addressing at the dedication ceremony of the newly constructed building of IIT,  Gandhinagar to the nation, in Gujarat on 7 October 2017. The Prime Minister, Narendra Modi, said the blue economy, with the...