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Category Archives: investment

Kia commits fresh US$2bn to India

New investment addition of US$1.1bn in AP South Korea’s Kia Motors Corporation has big plans for India, with additional US$2 billion investment commitment announced by its President and Chief Executive Officer Han Woo Park.

Canada-India to invest in mutual growth

Renewed efforts on boosting bilateral trade-investments Canadian Prime Minister Justin Trudeau, paid a State Visit to India from 18 to 24 February 2018 at the invitation of the Prime Minister of India Narendra Modi.

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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.

Indo-German MoU for Smart Cities

Three-year project for sustainable urban development An Indo-German MOU has been signed for an “Implementation Agreement in Sustainable Urban Development and Smart Cities in India”, in New Delhi on 23 Feb 2018.

Everise-Microsoft to roll out AI platform

Omni-channel will target voice, video and text interactions Singapore-based Everise Holdings (Everise), a part of India focused Everstone Group, will partner with Microsoft to develop and roll out an Artificial Intelligence (AI) platform to disrupt the Contact Center and Business Process Outsourcing (BPO) industry.

NMCG approves Rs.4,000cr Ganga projects

CETP project to Kanpur water pollution In the 9th Executive Committee meeting of National Mission for Clean Ganga (NMCG) has approved on 22 Feb 2018 projects worth nearly Rs.4,000 crore including a 20 MLD Common Effluent Treatment Plant (CETP) for tannery cluster at Jajmau in

FICCI welcomes commercial mining of coal

The decision will reinforce ‘Make in India’ initiative FICCI has welcomed the Cabinet approval to introduce commercial mining of coal, saying it is a landmark policy decision that will change the face of Indian Coal Sector by ushering in rebalancing of prices and market dynamics