Data from India's central bank, shows that outward foreign investment in the first month of this current fiscal year (April 2021) increased by more than two-times year-on-year to $2.51 billion. Of this amount, $1.75 billion was in the form of loans, $421 million was equity capital, and $333 million was...
In 2018 M&As Lead $100-Bn Plus Deals in India
2018 proved to be a robust year for mergers and acquisitions for Indian corporations. Powered by the Insolvency and Bankruptcy Code and an extremely competitive atmosphere in the mobile and e-commerce space, dealmaking crossed $100 billion for the first time ever. As the government pushed for resolutions, there was a...
TIME honors Tata Steel, Hero Moto, Ajanta Pharma
In January, at the World Economic Forum in Davos, Switzerland, nine companies in sectors ranging from automobile engineering to steel manufacturing were named as the finalists for the inaugural TIME India Awards that encompassed three categories—Best in Class Manufacturing, Manufacturing Innovator of the Year, and Young Maker of the Year....
Canada aligning to sell Uranium to India
Canada is working to finalize an agreement with India that will ease the export of uranium by companies such as Cameco Corp., its Natural Resources Minister Joe Oliver said during a visit to New Delhi this week. The two countries signed a nuclear cooperation pact in June 2010 to enable...
India Ranked 9th Most Attractive Investment Destination
The United Nations Conference on Trade and Development (UNCTAD) released its 2010 World Investment Report with India moving up four spots from 13 to nine. With a whopping $130 billion inflow in 2009 the U.S. remained at the top of the list with China trailing, bringing in $95 billion. The...