Investment

Higher inflow of FDI will enhance underwriting capacity, says AM Best report Zurich Insurance Group has proposed a US$487 million investment in Indian insurer Kotak General Insurance as the Government increased FDI cap in insurance sector to 74% from 49%...

RE developers provided land and transmission network, says Minister India’s renewable energy sector has received FDI equity investment of US$6.14 billion during the last three financial years (April 2020-September 2023), Minister for New & Renewable Energy and Power R. K....

Negotiators told to work on early conclusion of nearly completed India-Oman CEPA Indian and Oman trade and commerce Ministers have discussed the need for a focused approach on enhancing investments in both countries. Commerce and Industry Minister Piyush Goyal and...

Startup community has grown to 130,000, says Dr Jitendra Singh India has witnessed over Rs.1,000 crore investment in Space Startups in last nine months, from April to December 2023, says Minister of State for Science & Technology and Space, Dr...

Das underlines MSMEs role in environmental sustainability The Indian Renewable Energy Development Agency Limited (IREDA) Chairman and Managing Director Pradip Kumar Das has highlighted the significance of lending to Micro, Small & Medium Enterprises (MSMEs) in the Renewable Energy sector,...

Jaishankar calls on big businesses to help build Indian supply chain The External Affairs Minister Dr S Jaishankar has highlighted the crucial role of industry as a responsible entity in India's growth narrative. “You are also builders of national strength,”...

PM reiterates efforts to take GIFT IFSCA beyond traditional finance and ventures Prime Minister Narendra Modi says the 80 fund management entities registered with the International Financial Services Centres Authority (IFSCA) have set up more than US$24 billion funds while...

RDSS to help DISCOMs improve operational efficiencies and financial sustainability REC Limited has signed a 200 million Euro loan agreement with the German bank KfW to propel distribution sector reforms in line with the Revamped Distribution Sector Scheme (RDSS) of...

Focus on profitability has boosted investor sentiment in fundraising market Investors are on the lookout for well-structured organizations regardless of the mode of capital chosen, according to Digital Public Infrastructure Report launched at the “Ground Zero 9.0: Flagship Business Event”....

International banks instrumental in establishing Construction Financing Framework Adani Green Energy Ltd (AGEL) has secured follow-on funding of US$1.36 billion to further boost its Construction Financing Framework to US$3 billion backed by a consortium of renowned international banks. The definitive...