56-year-old Shripad Naik started his political journey in 1988 when he became the General Secretary of the Bharatiya Janata Party in the state of Goa. In 2014 Naik was re-elected to the 16th Lok Sabha - the lower house of parliament - for a fourth term. Prime Minister Modi appointed him...
India to Establish Itself as a Filming Destination
The Government of India set in motion fresh initiatives to establish itself as an international shooting destination in the same league as well-established location sectors in Eastern Europe or Latin America. Authorities in 2016 established the Film Facilitation Office (FFO) with the aim "to streamline approvals for both foreign and...
Israel's Innovation Platform SOSA to Set Up Hubs in India
Israel-based South of Salame (SOSA), an open innovation platform aims to set up innovation hubs in at least three of India's states: Maharashtra, Goa, and Assam. The state of Andhra Pradesh has already signed an agreement with SOSA, to set up an innovation center in the city of Vishakapatnam. These...
Marigold Capital Set to Acquire The Leela in Chennai
Mumbai-based private equity fund Marigold Capital and Investments is set to acquire the Leela Group’s 326-room hotel in Chennai, India, for approximately $109 million. The fund specializes in buying debt-ridden hotels and commercial real estate properties and turning them around. Mumbai-based JM Financial, an investment bank that is the advisor...
What's the Favorite Destination for India's Tourists?
Google India said that the top travel searches conducted by Indians between the months of February to April this year were on U.S.A. - the most-preferred summer destination for Indian travelers - followed by the United Arab Emirates, and Thailand. Other pieces of the Google search data reported by the...
Asia Competitive Institute Ranks India's States for Ease of Business
In a study done by the Asia Competitive Institute which is part of the Lee Kuan Yew School of Public Policy, the Indian states of Maharashtra, Gujarat, Delhi NCR, Goa and Andhra Pradesh are rated as the top five of 21 sub-regional economies in ease of doing business in India....