Investment

JICA grant for Yamuna The Ganga Rejuvenation programme has received strong interests from several countries with offers of knowledge/technology sharing, capacity building, research & development, sharing of experiences, expertise & best practices. The government has also released a Rs.496.90 Crore...

US$30bn opportunities India’s capital goods manufacturing sector offers US$30 billion (Rs.2 lakh crore) business opportunities a year, including the global original equipment manufacturing (OEMs), said Abhishek Agrawal, Associate Partner of McKinsey & Company, in Mumbai on 1 December 2016. “Despite...

Jungle Ventures snap US$100m Singapore's Jungle Ventures, supported by Ratan Tata, has closed its second fund on target at US$100 million, ten times larger than its first fund raised in 2012. This has established it as one of the largest early...

Bright prospects in education Business prospects are bright across India’s education sector, ranging from e-learning to doctorate courses, industry experts said during the international awards presentation held by Singapore-based Business Excellence & Research Group (BERG). Specialists are working out programmes...

Tackling housing challenge Mehra applauds the government's well designed scheme to tackle housing challenge. India’s housing challenge is too big but the government is seriously tackling it with schemes such as “Housing for All” for the rural region and dedicated...

Jaitley's investment call  Arun Jaitley holding the Pre-Budget consultative meeting in New Delhi on November 26, 2016. The Union Finance Minister Arun Jaitley has asked the representatives of Business and Trade Sector to increase the private sector spending especially in...

Four FDIs approved The government has foreign direct investment (FDI) in four projects including Dr. Reddy's Laboratories Ltd Rs.36 Crore proposal to acquired Imperial Credit Private Limited, an Indian Non-Banking Financial Company. Approval was also given to: Oxford University Press’s...

Double-tax pact The Cabinet has approved the ratification and entry into force of the third Protocol to the Convention between India and New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes...

Elior's French meals Elior Group (Paris:ELIOR), one of world's leading operators in the contracted food industry, has announced its entry into the Indian market with the simultaneous acquisitions of MegaBite Food Services and CRCL, two leading contract caterers for the...

Submarine plan Parrikar on Submarine Plan. The government is to order Rs.3 lakh crore worth of defence acquisition on cumulative basis by the end of this financial year, having cleared more than Rs2 lakh crore since 2014. Disclosing this, Defence...