Investment

Next SGB tranche mid-October The next Tranche of Sovereign Gold Bond (SGB) Scheme is expected around the third week of October, 2016, following on the success of Fifth Tranche SGB which is expected to raise Rs. 820 Crore from 2.36...

Infra key to growth Jaitley addressing the BRICS Seminar on September 22, 2016. The Union Finance Minister Arun Jaitley said that infrastructure is key to growth of economy and called for an institutionalized forum amongst BRICS countries that could serve as...

Green Masala Bonds Energy Efficiency Services Limited (EESL) plans to introduce US$100 million worth of Green Masala Bonds in November, following on the issue of Rs.500 Crore domestic bonds issued to fund its projects. EESL said the access to Indian bond markets...

Airport's Masala Bonds S&P Global Ratings has assigned its 'BB' long-term issue rating to proposed rupee-denominated offshore bonds, commonly known as "Masala" bonds, and U.S. dollar bonds by Delhi International Airport Pte. Ltd. (DIAL). The company will use the proceeds from...

MSME update India’s Micro, Small and Medium Enterprises (MSMEs) must update the details of their enterprises on the MSME data bank, a government official has said. Making this call on September 19, 2016, Secretary, Ministry of Micro, Small and Medium...

Future of aerospace Boeing is accelerating its manufacturing, skill development and engineering footprint in India forging the way towards building a strong and indigenous ecosystem, in support of the "Make in India" initiative. In recent years it has enhanced its...

HFC warning The Indian fast food industry is expected to grow from US$15 billion in size to more than $50 billion over the next five years but it has to control hydrofluorocarbons (HFC) emissions. Just the eight fast food chains...

Indo-US summit India needs Ideas, Innovation, Investments and Implementation, said Information & Broadcasting Minister M. Venkaiah Naidu Speaking at the Indo-US Economic Summit in New Delhi on 15 September 2016, he said the summit would help evolve Innovative Ideas and...

Re-engineering skill A bright spot in today’s otherwise subdued global economy, India symbolises a remarkable growth story for the world. ‘Skill India’ is one of Prime Minister Narendra Modi’s flagship initiatives aimed at sustaining this growth story and make India...

Mitsubishi's elevators Mitsubishi's factory in Bangalore. Mitsubishi Electric Corporation said its Indian company will commence production of elevators at a new factory in Bangalore on September 15, joining the Made in India programme in a big way. Mitsubishi Elevator India...