Investment

PerkinElmer's Tulip #PerkinElmer, Inc. (NYSE: PKI), a global leader committed to innovating for a healthier world, has entered into a definitive agreement to acquire Goa-based #Tulip Diagnostics Private Ltd. Tulip is one of the country’s largest domestic providers of in-vitro...

Online real estate #PropTiger.com and #Housing.com, two of India’s leading online real estate service providers, to become India’s largest online real estate services company. As part of the transaction, #REA Group Limited (ASX: REA) will invest US$50 million in the...

Boosting trade ties with Japan Seko meeting Sitharaman in New Delhi on January 9, 2017. India is further accelerating cooperation in trade and energy with Japan, seeking cutting edge engineering expertise and technology in a wide range of economic sectors....

ONGC's Deen Dayal acquisition #S&P Global Ratings said #Oil and Natural Gas Corp. Ltd. (ONGC: BBB-/Stable/--) has the financial headroom to absorb the acquisition of 80 per cent participating interest in #Deen Dayal West gas field from #Gujarat State Petroleum...

Affordable smart phones Micromax team. In a move to further thrust its daily cash-less dealings among the people, the government has told local mobile cell manufacturers to produce smart phones costing less than Rs2,000 per unit. #Niti Aayog, the National...

Generis acquisition Hyderabad-based Aurobindo Pharma (BSE: 524804 and NSE: AUROPHARMA) said it has signed an agreement, through a subsidiary, to acquire Portugal's Generis Farmaceutica SA from Magnum Capital Partners. The binding agreement through Agile Pharma BV Netherlands to acquire Generis...

Portugal MoUs   The Prime Minister, Narendra Modi with the Prime Minister of Portuguese Republic, Antonio Costa, in New Delhi on January 7, 2017. #India and #Portugal have signed seven agreements after Prime Minister #Antonio Costa visit for cooperation in...

Japan, UK commit to development Japan has decided to be associated with the development of Chennai, Ahmedabad and Varanasi as smart cities, the country’s Ambassador to India Kenji Hiramatsu said in New Delhi. Japan is quite interested in urban development...

Apr-Oct gets US$27.82bn FDI India received #Foreign Direct Investment (FDI) of US$27.82 billion during April-October 2016-17, up from US$21.87 billion in April-October 2015-2016. Manufacturing constitute around 41.5 per cent of the equity inflows while non-manufacturing around 58.5 per cent (during...

Focus on improving farm output The #Cabinet has approved India’s two MoUs with #Portugal and #Kenya in the agriculture and allied sectors to share knowledge on improving farm output. The MoU with Portugal covers various activities including exchange of scientific...