Investment

India’s domestic equity markets were jittery on May 11, 2016, on news of a phased-out removal of capital gains tax exemption under the India-Mauritius treaty, to be effective March 2017 onwards, according to Singapore banking group, DBS. These amendments will...

Hyundai's Free Car Clinic South Korea’s Hyundai Motor plans to expand the annual production capacity of its car making plants in India from the current 650,000 units to 710,000 units as part of an effort to gain a larger share...

Azman Mohd says the investment offers multiple avenues for growth in India’s power sector. Malaysia’s Tenaga Nasional Bhd (TNB) has signed a Subsciption Agreement and Shareholders Agreement to invest US$300 million for a 30 per cent stake in Indian power...

Delivered: Airbus A320neo Ireland-headquartered Avolon, the international aircraft leasing company, has delivered of its first Airbus A320neo aircraft to IndiGo. The aircraft is the first of a number of A320neo sale and leasebacks contracted with IndiGo and brings the number...

GIFT's Ajay Pandey Kotak Mahindra Bank Ltd. becomes the fourth bank to open its IFSC Banking Unit (IBU) at India’s first and only International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT). Kotak Mahindra Bank is one of...

India has entered the top-ten list in the 2016 A.T. Kearney Foreign Direct Investment (FDI) Confidence Index. India jumped two places to rank number 9 in this year’s Index. The Index is a forward-looking analysis of how political, economic, and...

Dublin-based C&C Group has signed a partnership with Mahou India, a subsidiary of Spanish brewing major Mahou San Miguel, for several Tennent’s products in India. The agreement is to brew several Tennent’s products under licence in India with Mahou, citing...

Investors, as stakeholders, must help implement a successful solar initiative in India, said Piyush Goyal, Minister of State (Independent Charge) of Power, Coal, New and Renewable Energy. "India has launched this initiative as an obligation towards the larger humanity as...

Cincinnati-based Milacron Holdings Corp recently completed another round of expansions to their injection, blow and extrusion molding machine manufacturing facility in Ahmedabad, as well as their hot runner manufacturing facility in Coimbatore. The completed addition to the Ahmedabad facility added...

By Pradeep Kumar Chatterjee India needs to accelerate development of national grids for power and water resources, build desalination plants as well as expand health care services. Foreign investments in the infrastructure should be spread across these sectors in addition...