Investment

Joshi sees new office contribute to growth in foreign investors MUFG Bank is the first Japanese bank to obtain an approval to open a branch at Gujarat International Financial Tec City (GIFT City) from the International Financial Services Centre Authority...

FDI Equity inflow in Manufacturing Sectors have increased by 76% in FY2021-22 $21.34bn Singapore led in getting FDI into India which was a record inflow of US$83.57 billion in the Financial Year 2021-22 from 101 countries, despite military operation in...

Nataf makes strategic decision to increase assets in Indian chemicals-pharma markets Azelis (Brussels:AZE), a leading global innovation service provider in the specialty chemicals and food ingredients industry, has reached an agreement to acquire distribution assets of Chemo India and Unipharm...

Indian-Japanese PMs discuss collaboration in critical and emerging technologies such as 5G, Beyond 5G and semiconductors Prime Ministers Narendra Modi and Fumio Kishi have agreed to work jointly towards implementing their decision to have Yen5 trillion in public and private...

The pact would lead to enhanced investment support by DFC in India India has signed an Investment Incentive Agreement (IIA) with the United States in Tokyo on 23 May 2022 to keep pace with the additional investment support programmes, offered...

Time to bargain for price below $90/t CFR, says trader Indian steel mills could possibly make US$100-$150 million investments in two mega mines in Australia in a strategic move to capture a share of the higher-grade magnetite ore to make...

WealthDesk and Open IQ to remain independent entities Walmart-backed PhonePe of Bengaluru is acquiring Mumbai's two wealth management platforms WealthDesk and Open IQ, a deal trade sources estimated at US$75 million. "PhonePe is acquiring WealthDesk (Wealth Technologies & Services Private...

Sharma wants to create agile fashion supply chain using technology WestBridge Capital, with offices in California, Bengaluru and Mauritius, and Porsus Ventures (AEX:PRX XJSE:PRX) led US$100 million Series B funding round, banking on the Gurugram-based Fashinza's roster of over 250...

Veritas believes in nurturing local talent, says Alugas Santa Clara, California-headquartered Veritas Technologies has invested in a 273,000 sq ft facility at Balewadi, Pune, saying it is a critical launchpad that will play a major role in the continued evolution...

Khuba says $196.89bn RE projects underway India is committed to increase domestic manufacturing of high efficiency Solar PV modules for which Rs.24,000 crore is required while estimated Rs.25,425 crore is needed to promote green hydrogen economy, Minister of State for...