Investment

Startup fund approved The government has approved the establishment of "Fund of Funds for Startups" (FFS) at Small Industries Development Bank of India (SIDBI) for contribution to various Alternative Investment Funds (AIF), registered with Securities and Exchange Board of India...

German technology confirmed Prime Minister Narendra Modi, chairing a cabinet meeting, has been apprised of signing of a Memorandum of Understanding (MoU) with Steinbeis GmbH Co. KG for Technologietransfer, Germany on technology resourcing in manufacturing, including sub-sectors of Capital Goods....

India needs underground technology Source: Coal India Ltd. Indian needs new technology to improve efficiency and safety in coal mining while relooking at the high cost of underground extraction, a senior government official has said. In order to achieve the government’s...

YES Bank to setup Singapore branch Singapore a springboard for Asian markets, says Rana Kapoor. With plans to raise USD one billion from international markets, private sector lender YES Bank is eying to setup an international branch here as a...

RSK-BSL merged England-headquartered IT and software company RSK Business Solutions and its Indian partner BSL Information Technology of Gurgaon have merged to jointly offer consultancy services across the world. The newly created UK-registered RSK Business Solutions Holdings Limited aims to...

India Inc's confidence improves Source: India Inc. Confidence levels of India Inc has improved, according to a business survey by the Federation of Chambers of Commerce and Industry (FICCI). The Overall Business Confidence Index was seven notches higher at 64.3...

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...