Investment

India liberalizes FDI regime The Indian government has radically liberalized the Foreign Direct Investment (FDI) regime from June 20, 2016, riding on the success of winning FDI in recent years. The government said FDI inflows totaled US$55.46 billion in financial...

Korea-India work on tariffs Source: PIB. The Minister of State for Commerce lamp; Industry (Independent Charge), Nirmala Sitharaman and Korean Trade, Industry and Energy Minister Joo Hyung-hwan in New Delhi on June 18, 2016. South Korea and India will work to expand...

Metro rails for 50 cities Fifty Indian cities being ready for building Metro Rail Systems and 50 million affordable houses as part of the mega development taking place in India, said a senior industry official at the Associated Chambers of...

Mukherjee promotes trade in Africa Source: PIB. President Mukherjee being bid farewell by the Namibian President Hage Geingob on his departure from Hosea Kutako International Airport, Windhoek on June 17, 2016. India is increasing its engagement with Africa and is...

Longchamp's Delhi debut Source; Longchamp. Making of a leather product at Longchamp. French luxury leather goods brand Longchamp will debut in New Delhi this week with products like Le Pliage Heritage, Penelope, Roaseau and Le Pliage Cuir bags along with...

Foxconn eyes Gopalpur Source: Foxconn. Gopalpur in Foxconn's Indian factory plans. Taiwan’s Foxconn Technology Group is planning to locate one off its 12 manufacturing setups in India at Tata Steel SEZ Gopalpur in Odisha. A Foxconn team has visited the...

Tata powers into renewables Source: Tata. The goup's plans include wind power. Tata Power will buy Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL), at an enterprise value of Rs 9,249 crore. Tata Power Renewable Energy Ltd (TPREL) will...

India-Qatar investment MoU Source: PIB. Prime Minister, Narendra Modi meeting the Prime Minister of Qatar, Sheikh Abdullah Bin Nasser Al Thani, in Doha on June 04, 2016. National Investment and Infrastructure Fund (NIIF) Ltd and Qatar Investment Authority (QIA) have...

Vendors reach rural consumers Source: Amritsar Golden Temple. Rural consumers driving retail market. Vendors are expanding into India’s rural market while 15 per cent to 20 per cent of consumers are inclined toward web shopping, according to a study by...

Innovative Nishith Desai   India’s Nishith Desai Associates (NDA) was declared the Most Innovative Law firm in Asia Pacific by the Financial Times in Hong Kong on June 6, 2016. This puts an Indian law firm on the top of...