Indian Investment

Ghana seeks Indian investment in oil and gas sector to become petroleum hub

BENGALURU, India (Reuters) - Ghana, which is struggling with its worst economic crisis in a generation, is seeking Indian investment in its oil and gas sector.

Sebi allows virtual meetings for REITs, InVITs unitholders via video call

Capital markets regulator Sebi on Friday allowed investment managers of investment vehicles -- REITs and InvITs-- to conduct meetings of unitholders through video conferencing and other audio-visual means. The move would allow maximum participation of unitholders in the decision-making process and help in better governance. Under the rules, an annual meeting of all unitholders of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) need to be held within 120 days from the end of a financial year and the time between two meetings should not exceed 15 months. Further, managers of such investment instruments are also required to hold meetings of unitholders for certain matters. In two separate circulars, Sebi said it has decided to allow investment managers of REITs and InvITs to conduct meetings of unitholders through video conferencing (VC) and other audio-visual means (OAVM). For conducting such meetings, they need to comply with the procedure prescr

Investments to foreign ties: What all does the SCO summit holds for India?

The ancient and historical city of Samarkand, Uzbekistan is all set to host the 22nd summit of the heads of members of the Shanghai Cooperation Organisation (SCO)

Sri Lankan President Wickremesinghe reviews progress of Indian projects

Sri Lankan President Ranil Wickremesinghe on Friday advised officials to act immediately and amend government circulars if they impede Indian investment projects in the cash-strapped island nation. Wickremesinghe at a meeting attended by Vinod K Jacob, the Deputy Indian High Commissioner, examined the progress of several development projects in the country based on Indian investment cooperation, an official statement said. Wickremesinghe advised the office to amend the relevant government circulars immediately if they impeded the development projects. New Delhi at different times had raised the slow progress in implementing the Indian projects in the country. In the ongoing economic crisis, India has provided Sri Lanka with credit lines for fuel, fertiliser and essential commodities worth USD 3.5 billion. Additionally, three credit lines were provided to the tune of USD 1.5 billion and foreign exchange crisis support of USD 2 billion, the Indian High Commission said. The governme

Investments rise in June quarter, but still lower than 30% of GDP

Though GFCF growth at 10-year high in constant price terms, but experts say that is overstated

UK's BII, M&M to invest $500 million in new EV entity valued at $9 billion

The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27

Why LRS route for investing in capital markets abroad is mainly for HNIs

Those with small amounts should skip it owing to high costs and elaborate tax-related compliances

Indian fintech's success an example of popular support for reforms: Modi

India got record amount of foreign investments last year during the coronavirus pandemic, says Prime Minister in Hyderabad.

Tata Consultancy Services, Wockhardt lead UK's big Indian investment wins

Tata Consultancy Services (TCS) and pharmaceuticals and biotech major Wockhardt are among the big investment wins being celebrated in the UK

India may see $206 bn investment in oil and gas in next 8-10 years

Modi to inaugurate India Energy Forum by CERA Week on Monday, is expected to woo companies to promote Atmanirbhar Bharat

Brazilian President Bolsonaro calls for investments by Indian companies

Brazil is pushing India to expand its footprint in the country's mining, power and agri business sectors

Investors, trade bodies decry Piyush Goyal's statement on Amazon

Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India

Fresh investments attracted by states rise 8% in value to Rs 3.35 trillion

The proposed investments totaled to Rs 3.35 lakh crore at the end of December 2018 rising from Rs 3.15 lakh crore in the year-ago period

Pain for India's $350 billion state bonds is good, say global fund managers

The new valuation method, though, could be another pressure point for borrowers at a time when the benchmark yield is near a 3 1/2-year high

Indian stock market investors richer by Rs 45.5 lakh cr in 2017

The Sensex on Friday went up by 208.80 points, or 0.62 per cent, to end the last trading session of the year at 34,056.83