Investment

Economy showing signs of resilience despite global uncertainties FIEO President Dr A Sakthivel said the Reserve Bank of India (RBI) 5 Apr decision to maintain repo rate at 6.5% will further boost growth through increasing investment. “While most Central banks...

Approved investors project Rs.193,926cr turnover on Rs.19,798cr investments The Government has approved 64 applications with Rs.19,798 crore investment proposals under the Rs.10,683 crore Production Linked Incentive scheme for Textiles, Minister of State for Textiles Darshana Jardosh said in a written...

Aramane calls for deepening collaboration between defence industries Japanese defence industries have been urged to consider investment opportunities in India under the ‘Make in India’ initiative. The investment call was made by Defence Secretary Giridhar Aramane during the 7th India-Japan...

MFI pivotal in delivery of essential financial services, says Ramann Withstanding Covid-19 impact with tremendous grit, the Micro Finance Industry (MFI) has been an enabler in promoting the financial inclusion agenda and fostering economic and social development in India, said...

Asian Paints has Rs.8,750 cr CapEx plan over 3 years Indian Specialty Chemicals, such as Asian Paints, Tatva Chintan Pharma and PI Industries, have CapEx plans in excess of Rs.16,100 crores over the next 3 years as industry projects 19%...

Swiss investing to support all customers in the overhaul of their supply chain Kuehne+Nagel of Switzerland has opened its third Transport Operation Centre (TOC) for Asia Pacific at Gurugram to provide a centralised approach for pan-India distribution management. It said...

Govt to sell part of its IREDA stake to support IPO The Cabinet Committee on Economic Affairs (CCEA) has approved listing of the Indian Renewable Energy Development Agency Limited (IREDA) on stock exchanges through an Initial Public Offer by part-sale...

Ayurvedic BPC worldwide market to expand to $30bn in 5 years Citing that the Ayurvedic Beauty and Personal Care (BPC) category worldwide is expected to grow to US$30 billion in the next five years from the current US$12 billion, T.A.C...

Tripathi says Hero Future Energies to help AP emerge as a renewable hub Hero Future Energies plans to invest Rs.30,000 crores to set up RE facilities (Solar & Wind) for Commerce & Industrial customers, Utility projects and green hydrogen Derivatives...

Das says IFC to maintain leading position as financier of RE space The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) on 13 Mar 2023, helping the company...