Investment

Nakao agrees to ADB’s regional hub in New Delhi. Jaitley meets Nakao in New Delhi on 29 June 2017. The Asian Development Bank (ABD) will step up investment up to US$5 billion over next five years for development along the...

Strategic disinvestment also covers five subsidiaries. Cabinet Committee on Economic Affairs has given ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries. The approval is for fourth tranche recommendations of NITI Aayog on strategic disinvestment of...

India-Dutch synergy for business opportunities. Modi meeting Rutte, at Amsterdam, on 27 June 2017. Prime Ministers Narendra Modi and Mark Rutte have expressed the hope for an early resumption of negotiations leading to the conclusion of the Broad-based Trade and...

GST implementation will be a case study, says Modi. Modi in a group-photograph with the US Business Leaders, at Washington DC, on 25 June 2017. The Prime Minister, Narendra Modi, has told American businesses of advantage India with a young...

New Delhi to host mega event. India is all set to become the global manufacturing hub of the food industry, and to establish its presence and showcase its capabilities, the World Food India 2017 is being held in New Delhi,...

Rs.200bn greenfield project to 3,000-ha site. IGI Airport reaching full capacity. A Rs.200 billon international airport off Delhi will be developed under a public-private partnership, with first terminal to be operational in five to six years. An in-principle clearance has...

Jaitley underlines after-sale support for equipment. Jaitley co-chairing the 17th IRIGC-MTC meeting with General Sergei Shoigu, in Moscow on 23 June 2017. Indian and Russian defence ministers have explored new opportunities for Russian companies to participate in the Indian defence...

No compromise in quality of smart city plans, says Naidu. Central government has announced another list of 30 cities for development as smart cities taking the total cities picked up so far to 90 under Smart City Mission launched on...

Logistics group creates solutions for Indian market. DHL Supply Chain warehouse. Global logistics group DHL, with plans to invest US$100 million in coming years, is working with its customers to prepare for the Goods and Services Tax (GST) being implemented...

Fund in place for “24X7 Power for All Project”. India has secured US$400 million loans from the World Bank and the Asian Infrastructure Investment Bank (AIIB) for a US$570 million power project in Andhra Pradesh. The project is to increase...