Investment

Shriram Transport's masala bond #Singapore Exchange (SGX) has welcomed the inaugural rupee-denominated or Masala bond listing of #Shriram Transport Finance Company, an Indian provider of financing for commercial vehicles with network across the country. Shriram Transport raised Rs.4.75 billion through...

Incentives for Electronics The #Union Cabinet has given its approval for amendment in the #Modified Special Incentive Package Scheme (M-SIPS) to further incentivize investments in #Electronic Sector and moving towards the goal of “Net Zero imports” in electronics by 2020....

MSEs get credit support The #Union Cabinet has given ex-post facto approval to the package for supporting #Micro and Small Enterprises (MSEs) – Augmentation of the #Corpus of Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE), giving upto...

Jain Irrigation rated B+ #S&P Global Ratings has assigned its preliminary 'B+' long-term corporate credit rating to #Jain Irrigation Systems Ltd on 17 Jan 2017. The outlook is stable. At the same time, it has also assigned preliminary 'B+' rating...

Prospects from 55.7pc investors Rural economy of Darjeeling hill. India will remain among the world’s fastest-growing economies for the foreseeable future with 55.7 per cent of the companies saying they will increase investment in the country, according to a business survey....

World Bank's US$48m for Nagaland India Signs Financing Agreement with #World Bank for US$ 48 Million for “#Nagaland Health Project”, benefiting some 600,000 people of the mountainous state. The project is to improve health services for communities in targeted locations...

Stable outlook for Vedanta The 1,215 MW Captive Power Plant (CPP) of Vedanta at Jharsuguda is the largest of its kind in India. #S&P Global Ratings has raised its foreign currency long-term corporate credit rating on #Vedanta Resources PLC to...

Warburg Pincus' US$8bn investment New York-headquartered #Warburg Pincus may invest US$8 billion in India over the next 10 years, twice of what it did in two decades, its senior executives said. "We never believe in numberical targets and do not...

Rupee-bond rating #S&P Global Ratings has assigned its 'BB+' long-term issue rating to a proposed issue of rupee-denominated offshore bonds, commonly known as "masala" bonds, by #Shriram Transport Finance Co. Ltd. (STFC: BB+/Stable/B). “We equalize the rating on the notes...

Textile MoUs Minister Irani highlights textile potential during MoUs signing.  Gujarat based textile sector has signed Rs.8,835 crore worth of #Memorandum of Understanding (MoUs) for developing the industry through projects such as textile parks, textile processing, machinery, carpet development. The...