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Category Archives: Banking & Finance

Adani to invest Rs.9,000 crore in AP

State seek private investors for tourism projects Adani Group will invest Rs.9,000 crore in projects across different sectors in Andhra Pradesh in the next five years, Chairman Gautam Adani announced on 24 Feb 2018.

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ADB lends US$84M for Bihar water project

Loan will support civil works   The Asian Development Bank (ADB) signed a US$84 million loan with the Indian government for improvement and expansion of water supply in Bhagalpur and Gaya towns in Bihar.

Iconic Trump brand enlivens Gurgaon

Luxury homes priced for HNIs By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants. When the scion of one of the world’s most iconic real estate brands comes to India to help market yet another luxury homes project, this time in the Millennium City of

FICCI’s scheme for ASEAN Researchers

Opportunities for ASEAN researchers The Federation of Indian Chambers of Commerce & Industry (FICCI) has entered into a partnership with the Department of Science and Technology (DST), to implement and execute the ASEAN India Research Training Fellowship (AIRTF).

ASSOCHAM nudges Govt to partially-privatize banks

Onus on India Inc to help eradicate fraud The Punjab National Bank’s fraudulent transactionscrore should act as a strong trigger for the government to partially privatised the public sector banks, said ASSOCHAM in reaction to reported Rs.11,300 crore fraud.

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FICCI Prez suggests privatization of PSU banks

Shah wants a dynamic banking sector Given the continuous pressure on the government finances on account of the weak performance of the banks, the government should consider privatisation of Public Sector Banks, said Rashesh Shah, President of trade body FICCI.

Landmark policies to consolidate Indian real estate

Weaker players will exit market By Anuj Puri, Chairman – ANAROCK Property Consultants India’s real estate sector is emerging from a prolonged slowdown coupled with landmark policy inputs which have begun to edge out the ‘small fry’ – essentially creating an environment of large-scale consolidation

India-Iran talk Chabahar Port-INSTC

Indian investments heads for Chabahar FTZ One of India’s most prominent world scale projects is participation in the development of Iran’s Chabahar Port which can start off the International North-South Transport Corridor (INSTC) through nations along the resource-rich Caspian Sea-Central Asia to Russia.