Focus should be on PE/VC exits to generate returns Developing stronger and sustainable business plans will help startups in receiving private equity/venture capital (PE/VC) funding, suggested a recent ASSOCHAM-Hammurabi & Solomon joint study.
Proceeds to part finance expansion of yard projects. Cochin Shipyard has raised Rs1,442 crores from the Initial Public Offer (IPO) which has been a combination of fresh issue and offer for sale in the ratio of 2:1.
Industry grew at 17.46% CAGR in a decade Over the last decade, pharmaceutical companies in India has witnessed tremendous growth and advances with a CAGR of 17.46% and market value of US$36.7 billion in 2016, says BizVibe.
Study calls for Rs.25,000 crore skill budget under. The Indian Government should take core elements of skill development from various ministries and pool them under single minister with a budget of about Rs.25,000 crore, an industry study has suggested.
Industry gets fundings and initiatives support. Manufacturing of heavy-duty defence hardware in India is gaining momentum with the government accelerate supporting initiatives.
India prepares to host international manufacturers India’s defence sector is set to require an ever-increasing number of specialised advanced educational and training programmes as the country moves towards a more self-reliant status for the production of defence products and services.
58 projects approved under Sagarmala Programme. A Master Plan has been formulated for 12 major ports which includes 142 port capacity expansions, costing Rs.91,434 crore, and 884 million ton per annum of capacity creation over the next 20 years.
NITI Aayog gains importance in Govt work. The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the appointment of Dr. Rajiv Kumar as the new Vice Chairman of the National Institute for Transforming India (NITI Aayog).
The Indian society will monitor ships in EU ports. Leading classification society Indian Register of Shipping (IRClass) has been accredited for EU MRV Monitoring Reporting and Verification services by Raad voor Accreditatie (RvA).
ECU Worldwide reaches out to customers/clients. ECU Worldwide, an Indian origin non-vessel operating common carriers (NVOCCs), is redefining and re-energizing its global transport and logistic business.