Investment

Piramal expands Piramal Pharma Solutions is investing US$25 million in expansion of its facilities in Lexington, Kentucky, to become the premier aseptic manufacturing service provider that began with the acquisition of Coldstream Laboratories in January of 2015. The expansion will...

Six startups named Pitney Bowes, a global technology company that provides innovative products and solutions to power commerce, has named six startups to the summer session of the Pitney Bowes Accelerator Program. The company also announced a new six-month program...

Investment Desk To harness the enormous investment opportunities offered by the tourism sector, the Department of Industrial Policy & Promotion (DIPP) and Invest India are setting up an investment desk. The emphasis so far has been on attracting tourists but...

Bullish DBS Piyush Gupta: 70 branches if India approves a license for subsidiary. The Development Bank of Singapore (DBS) is bullish on India and plans to open 70 branches if it gets license to set up a subsidiary in the...

Multi-pronged approach for tourism An industry paper has suggested the government take a multi-pronged agenda to make India the world’s most preferred travel destination. The Knowledge paper on "Investment in Tourism Infrastructure Unleashing the Growth Potential" has suggested an agenda...

Foreigners' limit raised The Union Cabinet has approved the raising foreign shareholding limit from 5% to 15% in Indian Stock Exchanges for a stock exchange, a depository, a banking company, an insurance company, a commodity derivative exchange. The Cabinet has...

Port land for PPP investors Chennai Seaport. The Union Cabinet has approved the award of waterfront and associated land to port dependent industries in major ports and its operationalization. The Policy will result in uniformity and transparency in the procedure...

YES Bank invests in technologies Rana Kapoor: YES Bank continues to invest in customer-oriented technologies. YES Bank is continuing to invest significantly in new-age mediums and digital technologies to achieve a heightened customer engagement and experience. Some of the Bank’s...

YES Bank to sponsor Mutual Fund YES BANK, India’s 5th largest private sector Bank, has received an in-principle approval from the Securities & Exchange Board of India (SEBI) to sponsor a Mutual Fund and to setup an Asset Management Company...

UK leads in Food FDI India's growing Food Processing Industries wins US$3 billion FDI inflow from UK. Foreign Direct Investment (FDI) in Food Processing Industries (FPI) rose to US$5 billion in fiscal 2015-16, up from 3.98 billion in 2013-15, said the...