Investment

Industry welcomes rate cuts   The industry has welcomed rate cuts announced by banks as it would give a leg up to both consumption and investment demand in the country. The #State Bank of India (SBI) slashed the marginal cost...

NRIs to lead INDIAINx trading Non-resident Indians (NRIs) will lead trading on the #Indian International Exchange (INDIAINx), which will be launched by #Prime Minister Narendra Modi on January 9, 2017 at the #Gujarat International Finance-Tec (GIFT) City. INDIAINx, a subsidiary...

Lucknow Metro Ministry of Urban Development has released Rs.250 crore for the Lucknow Metro Rail project, a joint venture project of central and Uttar Pradesh Government. The Ministry had earlier this year released Rs.300 crore for the project for which...

Yanmar agri-technology Yanmar tractor. Japan’s #Yanmar has signed an Rs.1,600 crore agreement with #Blackstone Equity Investors to increase its stake by 18 per cent in the Punjab-based #International Tractors Ltd, makers of #Sonalika brand of tractors. Post-acquisition, Yanmar’s stake in...

Scope of Sagarmala projects JNPT is part of Sagarmala projects. An extensive programme has been planned out for #Sagarmala Development Company (SDC), which has initial authorized capital of Rs.1,000 crore and subscribed share capital of Rs.90 crore. The SDC is...

Strategic partnership sought   Gurgaon-based #TNRIC is looking for international strategic partners in information technology and financial assistances for its property related businesses which especially serve for non-resident Indians (#NRI). “We are looking for strategic partner in information technology and...

Powered programme The government has embarked on a powered programme to provide 24x7 power across the country by 2019 as it invests in generation capacity. Its special focus is on the #North East by giving approval to the region’s power...

Jharkhand's MoUs with Singapore Jharkhand CM Das signs visitor book at NEWater, a water management technology group. #Jharkhand Chief Minister Raghubar Das concluded his Dec 21-24, 2016, visit to Singapore with several business meetings, and initiated the signing of #Memorandum...

Japanese participation to increase Kitaoka meeting Naidu with their officials on December 22, 2016. More and more Japanese companies will be encouraged to participate in India’s infrastructure development, procurement from Indian companies, a senior Japanese trade executive said in New...

Business potential in Kyrgyzstan Almazbek Atambaev, President of Kyrgyz Republic, highlights to Indian investors the potential of doing business in his country. India and Central Asia has the potential to create regional corridors and networks of roads, railways and energy...