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American Corp. approves $1 billion funding to support projects in developi
Updated : 5 years, 9 months ago IST
Washington D.C. [USA], June 5 (ANI): The US-based Development Finance Corporation has approved an investment of USD one billion to support global development projects in developing countries, including Africa, Latin America, as well as the Indo-Pacific region, reeling from COVID-19.
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Mubadala picks 1.85 pc stake in Jio Platforms for Rs 9,093 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Mubadala Investment Company, the Abu-Dhabi based sovereign investor, will invest Rs 9,093.60 crore into Jio platforms, valuing Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, said the Relianc
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CII outlines 10-point roadmap to target inclusive and sustainable growth
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): The Confederation of Indian Industry (CII) has laid out a 10-point roadmap to revive growth and navigate the challenges of loss of lives and livelihoods posed by the global pandemic COVID-19 that has forced countries across the world to reset their growth pat
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Karnataka's Special Investment Promotion Task Force holds first meeting in
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 4 (ANI): The Special Investment Promotion Task Force, constituted by the Karnataka government, held its first meeting in Vidhana Soudha, Bengaluru on Wednesday, June 3.
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Cabinet approves setting up project development cells in departments to bo
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): In a step to attract investment in the country, the union cabinet on Wednesday approved the setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs) in ministries and departments.
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Religare Enterprises becomes External Debt-free
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI/NewsVoir): Religare Enterprises Limited (REL), the Core Investment Company (CIC) that caters to customers across a wide spectrum of financial services, through its subsidiary companies across Lending, Broking and Insurance, today announced another milestone ach
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French Naval Group hails FDI limit hike, says decision will attract global
Updated : 5 years, 9 months ago IST
New Delhi (India), June 3 (ANI) Welcoming Narendra Modi government's decision to hike Foreign Direct Investment limit to 74 per cent in the defence sector, French firm Naval Group has said this will support Indian military industry to increase its capabilities and also invite global manufact
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Religare completes Kedaara deal in health insurance arm
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Religare Group on Wednesday announced the completion of a transaction with Kedaara Group entity Trishikhar Ventures LLP for investments in its health insurance subsidiary Religare Health Insurance Company Ltd (RHICL).
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Effect of coronavirus measures to leave 'lasting scars' on global economy:
Updated : 5 years, 9 months ago IST
Washington DC [USA], June 3 (Sputnik/ANI): The effects of the measures imposed to fight the novel coronavirus will leave a lasting effect on the world economy, weakening investment, innovation, employment, education, trade, supply chains and consumption, the World Bank said in an analysis on
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Karnataka bats for investments in ESDM sector
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 3 (ANI): Deputy Chief Minister CN Ashwath Narayan on Tuesday invited investors in the Electronics System and Design Manufacturing (ESDM) sector to Karnataka, as the state contributes 64 per cent to the sector's total exports from the nation.
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Moody's has rated PM Modi's handling of India's economy a step above 'junk
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Congress leader Rahul Gandhi on Monday took a jibe at Prime Minister Narendra Modi over Moody's Investors Service downgrading India's sovereign rating to the lowest investment rate and said that the global rating agency has rated his handling of the countr
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Cabinet approves Rs 50,000 cr equity infusion scheme to support MSMEs
Updated : 5 years, 9 months ago IST
New Delhi [India], June 1 (ANI) The Union Cabinet on Monday approved the modalities for implementing Rs 50,000 crore equity infusion to support Micro, Small and Medium Enterprises (MSMEs), which was announced last month as part of AtmaNirbhar Bharat Package last month to help the sector c
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