Investment

Defence and security company Saab has sold its stake, approximately 3.3 per cent, in Pipavav Defence and Offshore Engineering Company Limited to Reliance Defence Systems Private Limited, it was announced December 31, 2015. Saab made the Pipavav investment on November...

Chief Minister Chouhan to lead investment delegation to Singapore Jan 14, 2016. Madhya Pradesh (MP) Chief Minister Shivraj Singh Chouhan will start the new year by launching a major investment drive in Singapore on January 14, 2016, which will lead...

Singapore: India's recent agreement with Japan on developing environmentally-friendly nuclear energy for civilian use is the right step and will boost the country's renewable energy plans, the IEA said here on Friday. "We support India's renewable energy plans, the building...

Executive Administrator Abeer Khan assists with the ribbon cutting as Chief Human Resources Officer Johnna Torsone and CEO Marc Lautenbach officially open the new Pitney Bowes office in Gurgaon on December 16, 2015. (Photo: Business Wire) Pitney Bowes Inc. (PBI),...

Rieke's high standard packaging. Michigan-based TriMas Corporation said its company, Rieke Packaging, has opened its Global Innovation Center in Asia outside Delhi. The center houses a cross-functional team of product development, sales, marketing, customer service and supply chain experts. The...

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...