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Ind-Ra assigns AAA rating to India Grid Trust's MLDs with stable outlook
Updated : 5 years, 10 months ago IST
Mumbai, (Maharashtra) [India], Apr 29 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), said on Wednesday that India Ratings and Research (Ind-Ra) has assigned AAA rating to its market-linked debentures (MLDs) with a stable outlook.
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Broadband India Forum lauds Facebook investment in Jio, says move can bene
Updated : 5 years, 10 months ago IST
New Delhi [India], April 27 (ANI): Broadband India Forum (BIF) on Monday lauded Facebook's Rs 43,574 crore investment in Jio and said that such investment in the midst of COVID-19 pandemic underlines the tremendous resilience, vitality, and outlook of the digital services sector.
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VC investment in India tumbled to just $2.2 billion in Q1 20
Updated : 5 years, 10 months ago IST
New Delhi [India], April 27 (ANI): After a record-breaking six billion dollars in Q4 19, venture capital (VC) investment in India fell sharply to just 2.2 billion dollars in Q1 20 in part due to economic uncertainty, professional services firm KPMG said on Monday.
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COVID-19 jolts poultry industry in Q4 FY20, de-growth of 4 to 5 pc project
Updated : 5 years, 10 months ago IST
New Delhi [India], Apr 25 (ANI): The recent COVID-19 lockdown has impacted domestic poultry industry severely with fourth quarter (January to March) being the worst in recent times, according to investment information firm ICRA.
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African nations tell China to keep its money or cut strings attached to lo
Updated : 5 years, 10 months ago IST
Nairobi [Kenya], April 25 (ANI): In the Covid environment, African nations are closely scrutinising the cost-benefit analysis of Chinese investments and the conditions attached to such funds.
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China should not be concerned, revised investment policy doesn't prohibit
Updated : 5 years, 10 months ago IST
New Delhi [India], April 23 (ANI): China should not be concerned about changing foreign direct investment's (FDI) procedure as the change does not prohibit Beijing from investing in India, government sources told ANI.
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India's GDP likely to grow between minus 0.9 pc to 1.5 pc in FY21: CII
Updated : 5 years, 10 months ago IST
New Delhi [India], April 23 (ANI): India's economic growth is likely to hover between zero and 1.5 per cent in the current financial year as the extended COVID-19 lockdown slows down activity across most sectors, the Confederation of Indian Industry (CII) said on Thursday.
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Reliance Jio-Facebook deal will be 'catalyst' to make India world's leadin
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Mukesh Ambani, Chairman of Reliance Industries Ltd (RIL), which signed a mega Rs 43,574 crore deal with Facebook giving the US-based social media giant a 9.99 per cent equity stake in homegrown mobile network Jio, said the partnership will pro
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Facebook to invest Rs 43,574 crore in Reliance Jio,largest FDI in India's
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Social media giant Facebook on Wednesday announced to invest Rs 43,574 crore into Jio Platforms, the investment will translate into a 9.99 per cent equity stake in Jio Platforms, the largest FDI in the Indian tech sector.
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Invest in companies before they launch their IPOs
Updated : 5 years, 10 months ago IST
New Delhi [India], April 21 (ANI/Digpu): Minance Private Market is an open and transparent marketplace to buy unlisted stocks and invest alongside or before the institutional investor laps it up, in other words- one gets to own stock before the company initiates its IPO.
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Odisha clears investment proposals worth over Rs 9,000 crore
Updated : 5 years, 10 months ago IST
Bhubaneswar (Odisha) [India], April 20 (ANI): The government of Odisha on Monday clears six proposals worth over Rs 9,000 crore in chemical, metal, infrastructure, footwear, and downstream sectors in the State.
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India's new FDI norms violate WTO principle of non-discrimination: China
Updated : 5 years, 10 months ago IST
New Delhi [India], April 20 (ANI): China said on Monday the additional barriers set by India for investors from specific countries violate World Trade Organisation's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investmen
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