Investment

Towering BSE: market capitalization of US$1.58 trillion Bombay Stock Exchagne (BSE) is offering a wide range of investment opportunities, including mutual funds with interest rates of 6% to 8%, allowing Indians, non-Indian residents and foreigners to invest on monthly basis. BSE’s...

NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group, has been granted National Long Distance license to launch domestic network services by end of this month in India The services will be through...

  TPG Growth takes stake in Asiri Hospital Holdings TPG Growth, the middle market and growth-equity investment platform of leading global private investment firm TPG, has acquired a 28% stake in Asiri Hospital Holdings from Actis, a leading emerging markets...

Emtec, Inc., a leading IT consulting firm providing industry-specific transformative digital solutions, has received new senior secured credit facilities from LBC Credit Partners, a provider of financing solutions to middle-market companies. The proceeds were used to refinance the company’s existing...

Mitsubishi Electric Corporation said its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. (MEI) has opened a factory for transportation-systems business in Bidadi, near Bengaluru. Mitsubishi Electric is targeting transportation-systems annual revenue of US$170 million in India by fiscal 2020, in...

Singapore is important and valuable friend which has played a role in India’’s Look and Act East Policy, said Prime Minister Narendra Modi in his address to the business community on November 24, 2015. “Singapore is an important and valuable...

The Lemon Tree Hotel Group has embarked on a pioneering program to uplift millions of people with socio-economic and physical challenges out of the morass of poverty. This special feature below details on their modus operandi. Many Indians are born...

Singapore is sharing its expertise in urban planning to help develop two new townships in Jodhpur and Udaipur, Rajasthan, said Home Affairs Minister K. Shanmugam who visited the desert state November 17-20, 2015. Speaking after attending the “Resurgent Rajasthan Partnership...

Thirty-four stuck projects are expected to restart following the Indian government’s go-ahead given to the National Highway Authority to extend concessionary support to road developers for implementation delays, noted the Singapore-based banking group, DBS. In a similar vein, railway infrastructure...

Leading global investment firm KKR will fund Avendus Capital’s foray into the credit solutions business and to grow its wealth and alternative asset management solutions offerings to its customers. KKR announced the investment deal on November 17, 2015 with Avendus...