Industry Sectors

S&P Global Ratings has assigned its 'BBB-' long-term issue rating to the US$650 million senior secured notes proposed by Adani Ports and Special Economic Zone Ltd (APSEZ: BBB-/Stable/--).

The network security and cyber risk management market in India is expected to register a CAGR of 11% during 2019-2024, said ResearchAndMarkets in a report on 15 July 2019.

The Government is looking for ideas from all sides to strengthen and to give confidence to international investors, with the best of technologies, to come to India and invest.

A leading naturalist wants the Government to give all attention to the forested areas as it carries out massive infrastructure across the country.

Shriram Transport Finance Co Ltd's (STFC) re-tap of its U.S. dollar-denominated senior secured notes due 2022 will help diversify its borrowing profile, said S&P Global Ratings on 12 July 2019.

Arun Sharma, Executive Chairman of the Indian Register of Shipping (IRClass), has been elected as the new Chairman of the International Association of Classification Societies (IACS) in a recent Council meeting held in Busan.

The Government is implementing various schemes/programmes and has taken several policy initiatives to promote textiles industry and become globally competitive.

The process of granting environmental clearances will become even faster as the government intends to reduce the average number of days for clearance from 108 to 70-80 days, said Prakash Javadekar, Minister for Environment.

The Centre (Government) has invited comments from all the stakeholders and states on The Model Tenancy Act, 2019, which will be taken to the Cabinet as soon as possible.

Startups should not have any concern related to taxation as the 2019-20 Budget has proposed a number of measures to resolve the legacy issues.