Singapore Indians to work on BRI
SICCI sees TPP benefits for members The Singapore Indian Chamber of Commerce and Industry (SICCI) plans to work with its local Chinese counterpart on China’s One Belt One Road Initiative (BRI).
Monthly Archives: April 2018
DAC Approves Capital Acquisition
BAE Systems’ guns in Rs.3,687 crore acquisition The Defence Acquisition Council (DAC), chaired by the Defence Minister Nirmala Sitharaman, approved Capital Acquisition Proposals of the Services valued at over Rs.3,687 crore.
Prabhu stresses on safety and security in aviation
Minister wants e-cargo community development Civil Aviation Minister Suresh Prabhu has made it clear that top priority will be accorded to safety and security among aircraft and aviation equipment manufacturers.
FICCI report underlines BIMSTEC importance
Members call for expeditious BIMSTEC FTA The Federation of Indian Chambers of Commerce and Industry (FICCI) has made far-reaching recommendations for the creation of a new ‘BIMSTEC’ by strengthening infrastructure linkages.
NRI leads investment in Grover Zampa
Vineyard plans expansion into tourism Backed by an NRI-led investor group, one of India’s leading wine makers, Grover Zampa Vineyards Ltd, is working on expansion plans, including hospitality services near Mumbai.
MPS to acquire Tata Interactive
Acquisition adds a global sales and marketing engine MPS Limited (MPS) and Tata Industries Limited (TIL) have entered into definitive agreements for the acquisition of TIL’s enterprise e-Learning business.
Indian ports seek cruise terminal consultants
Cruise operators work on Indian destination itineraries Some of India’s new port developers are already in talks with international consultants for setting up cruise terminals to support estimated 200,000 passengers a year travelling out of the country.
Maha Govt approves Mumbai Development Plan
Plans for 10 lakh affordable houses The Government’s approval on the long-pending Mumbai DP 2034 is a welcome move. The Development Plan (DP) is likely to spur real estate activity in the city and also pave the way for the development of much-needed affordable houses
WB signs funding for biopharma mission
National Biopharma Mission programme progresses The World Bank has signed an agreeent with Indian Government to provide 50% of the US$250 million for a five-year programme to make India a hub for design and development of novel, affordable and effective biopharmaceutical products such as
Digital Desk to promote SMEs
SME convention signs 23 agreements A Digital Trade Desk at the Ministry of Micro, Small and Medium Enterprises (MSMEs) will be set to promote collaboration between Indian Small and Medium Enterprises (SMEs) and SMEs of other countries.