Technology

Gujarat to get Semiconductor FAB unit

PM expresses optimism after Government of Gujarat signs an MoU of ₹ 1.54 lakh crore with Vedanta-Foxconn Group for the manufacture of semiconductor and display fab; Investment of Rs 1.54 lakh crore will create a significant impact to boost economy and jobs […]

Investments

MergerDomo Facilitates Fundraising for Healthfood and Wellness Startups

MergerDomo Facilitates Fundraising for Healthfood and Wellness Startups Keeros (Diabetic superfoods startup ) and AyuRythm (digital wellness startup ); The two startups will utilise the capital for business growth including strategic expansion, product development, R&D and technology investments […]

Investments

FDI equity inflow grows by 168% in Q1 2021

FDI equity inflow grows by 168% in the first three months of F.Y. 2021-22 (US$ 17.57 billion) compared to the same corresponding period last year (US$ 6.56 billion); Total FDI inflow of US$ 22.53 billion during first three months of 2021-22, i.e. April, 2021 to June, 2021 is much Higher as compared to US$ 11.84 billion in first three months of 2020-21; Total FDI inflow 90% higher in first three months of 2021-22, i.e. April, 2021 to June, 2021 as compared to first three months of 2020-21; ‘Automobile Industry’ emerges as the top sector during the first three months of F.Y. 2021-22 with 27% share of the total FDI Equity inflow followed by Computer Software & Hardware (17%) and Services Sector (11%) respectively […]

General

Investors Meet on Opportunities in Indian Upstream Oil & Gas Sector

Government of India today organized a promotional event in Mumbaito showcase Upstream Oil & Gas opportunities in India,with the objective to market the portfolio of high-volume Oil and Gas assets of Indian Sedimentary basins, and to promote the Bidding Rounds of Hydrocarbon Exploration and Licensing policy, Discovered Small Field Policy and Production Enhancement Contract. […]

Business

TATAs acquire BigBasket

CCI approves acquisition by Tata Digital Limited of up to 64.3% of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS) and SGS’ sole control over Innovative Retail Concepts Private Limited which own Big Basket […]