Investment

Taiwan’s Hon Hai Precision Industry Co has signed a memorandum of understanding to invest US$5 billion in a new plant in the western Indian state of Maharashtra. The world’s largest contract electronics manufacturer by revenue, also known as Foxconn Technology...

Visa Inc has opened a new technology development center in Bangalore, that will play a central role in the company’s efforts to accelerate digital commerce globally. As part of the opening ceremonies on August 5, 2015, Visa announced mVisa, a...

Chicago-based Livingston International, a leading customs broker and trade compliance company, has announced expansion of its Global Trade Management (GTM) services in India and Brazil, allowing its clients to expand their global footprint and capture more of the global market....

Global investment company, KKR, will invest US$150 million into the Mumbai-based JBF Group, an entity that includes JBF’s international subsidiaries. KKR has signed a definitive agreement with JBF Industries Ltd, a leading manufacturer of polyester value-chain products. A portion of...

Viacom Inc has acquired a 50 per cent interest in Prism TV Private Limited for INR9.4 billion rupees (approximately US$153 million). Prism TV owns and operates regional entertainment channels in India, including ETV Marathi, ETV Kannada, ETV Bangla, ETV Oriya...

Progress on the divestment front in India has been slow in the first four months (Apr-Jul15) of this fiscal year, said a Singapore-based banking group, DBS. With subdued growth prospects expected to keep a lid on tax collections, indirect taxes...

By Chris Devonshire-Ellis An important aspect of the Silk Road overland route is how it seeks out energy sources. China is energy poor as a nation and must import. In fact, much of the media attention of Chinese companies investing...

The US-based Forrester Research Inc will launch 2015 Forrester Research Customer Experience Index for India at a summit in Mumbai on September 22, 2015. The Summit in Mumbai will feature the official launch the Forrester’s CX Index™, the market’s leading...

Mumbai-based KKR, a leading global investment firm, has introduced Alliance Tire Group (ATG) into the Green Portfolio Program (GPP), an operational improvement program that uses an environmental lens to assess critical business activities of KKR’s participating private equity portfolio companies....

 Samar Nath DHL will add a new Free Trade Warehousing Zone (FTWZ) in North India next year and participate in the rail-based transportation. The company has identified two locations for the FWTZ, the final choice of which will be based...