Due to growth in both the consumer sector and e-commerce in India, overseas investors and real estate players are increasingly investing in warehousing and logistics. Key players such as Singapore's Ascendas-Singbridge, Assetz Property Group, Ohio-based Logos Realty, Canada Pension Plan Investment Board and the Everstone Group, among others, have made...
OECD: India at the Top of Governmental Confidence League
According to the latest edition of the Paris-based Organization for Economic Cooperation and Development's Government at a Glance 2017 report, India, with a citizen support of 73%, is at the very top of the governmental confidence league. Canada ranks second with 62%. Forbes says: Trust in government is vitally important....
New Jersey based ATCS Sets Up Innovation Lab in India
New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore. "The I-Lab not only serves as...
Indian Oil Corporation to Buy American Crude Oil
State-owned Indian Oil Corporation floated its first tender to purchase high-sulfur, or sour, crude from North America as it seeks to diversify imports. BusinessLine reports that India's largest oil refiner is seeking to buy the crude grades Mars, Southern Green Canyon and Thunderhorse from the United States, and Western Canadian...
ITU Accepts India's Proposal on Rural 5G
At the International Telecommunication Union - Radio Communications' terrestrial radio systems (WP5D) meeting held in Canada, the Indian delegation championed the mandatory adoption of a configuration called Low Mobility Large Cell (LMLC) for 5G technology. The proposal has been approved by the global telecom organization. This configuration focuses on low...
CPPIB to Form JV with India's IndoSpace Realty
Canada Pension Plan Investment Board (CPPIB) plans to invest up to $1.2 billion in a joint venture with Mumbai-based IndoSpace, an industrial real estate-focused investment firm jointly owned by private equity investor Everstone Capital and Maryland-based Realterm Global. Key Highlights: Canada Pension Plan Investment Board and IndoSpace form IndoSpace Core,...