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Civil Aviation Ministry trying to put in place financing structure

Civil Aviation Ministry trying to put in place financing structureRead more

Storage and Warehouses to observe investment of approx Rs 450 billion by 2020

In a report released by JLL, India's largest real estate services firm, it is estimated that close to Rs 450 billion will be invested in creating storage facilities across India from 2018 - 2020.Read more

Kuwait Investment Forum 2018 to showcase over $100 bn in potential investment opportunities

The State of Kuwait is rolling out investment partnerships and strategic investment opportunities valued at more than $ 100 billion in key economic and social sectors for investors that include information and communications technology, oil-gas, renewable energy, electricity-water, urban developments and housing, healthcare, education, transport, tourism, and the north zone development.Read more

Maxion Wheels to set up new passenger car aluminum wheel plant in Pune with $ 50 million investment

Maxion Wheels, the world’s largest wheel manufacturer, held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune.Read more

Paisalo launches app for easy loan disbursal to MSMEs

With a vision of empowering the MSME segment and small businesses, Paisalo Digital Limited has launched its app with the same name to accelerate and facilitate 100% digital loan disbursal, creating unique customer experience.Read more

Economic Survey predicts 7-7.5% GDP growth in 2018-19

As a result of a series of major reforms undertaken over the past year, India’s real GDP growth will reach 6.75% this fiscal and will rise to 7-7.5% in 2018-19Read more

TCS & Cornell Tech partner to promote joint academic and industry research

Tata Consultancy Services, a leading global IT services, consulting and business solutions organisation, announced a $50 million investment in Cornell Tech. The investment includes a significant gift for the first phase of capital development on the Roosevelt Island campus, as well as support for collaborating on technology research and expanding K-12 digital literacy programs in New York City.Read more

IndiGrid delivers robust quarterly performance

IndiGrid, India's first Infrastructure Investment Trust (InvIT) in the power sector, announced its first full quarter results. Consolidated revenue stood at INR 1,323 million on the back of high asset availability. Consolidated EBITDA for the quarter was INR 1,223 million resulting in Net Distributable Cash flow (NDCF) of INR 1,014 million.Read more

IndiGrid approves acquisition of three power transmission assets

ndiGrid, India’s first Infrastructure Investment Trust in the power sector, has approved the acquisition of three power transmission assets from its sponsor Sterlite Power Grid Ventures Ltd at a value of INR 14.9 billion. These acquisitions result in a 40% increase in AUM, from INR 38 billion to INR 53 billion.Read more

Freudenberg CEO announces big investment in Chennai

Bengaluru, May 19, 2017 – The Freudenberg Group continued its profitable growth in 2016 despite challenging conditions in multiple market segments and world regions. The global technology group achieved sales of EUR 8.6 billion, based on the pro-rata consolidation of joint ventures.Read more

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