Amazon India is not very keen on inorganic growth, says Country Head Amit Agarwal, adding, it only plans to focus on providing customers more choice, low prices and fast delivery.
Even as valuations of some large Indian unicorns begin to fade and funding dries up, early stage venture fund YourNest is bullish on startups in the country and will invest up to Rs 50 crore in these companies this year.
Seeking German investment in India's infrastructure sector, Urban Development Minister M Venkaiah Naidu today said the partnership between the two countries "should and will flourish" as he invited participation of its business community in India's "urban renaissance".
Financial Secretary Ashok Lavasa says planned expenditure budgeted by the government has been fully met with spending focussed on social and economic sectors.
Himachal Pradesh Chief Minister Virbhadra Singh today invited investments for the hill state, assuring the investors of a healthy business environment.
Sweden-based electric vehicle maker Clean Motion plans to invest USD 10 million (about Rs 66 crore) in India over the next three years to expand operations including setting up of an assembly unit for its Zbee three- wheelers in the country.
The venture fund will invest in early-stage product innovation startups, seed funding of up to Rs 3 crore and subsequent co-investment at series A stage of up to Rs 5 crore, a statement said.
The new manufacturing facility of Micromax was today inaugurated here by Telangana IT Minister K T Rama Rao in presence of state Transport Minister P Mahendra Reddy.
"Some large-scale greenfield development will be targeted to enable economies of scale. In addition, the company will consider seeking possible partnerships or other forms of cooperation," Fortum said in a statement.
"States are requested to align their focus to the thrust provided in the Union Budget to promote investment and growth in the rural sector... It is imperative to step up capital expenditure at state level also," Finance Secretary Ratan Watal said.
Prasad said that Digital India is going to create USD 1 trillion economy which will include USD 400 billion worth of electronics market, USD 350 billion worth IT and ITes sector and Rs 250 billion communication business.
This was the first outflow since May 2014, when MFs had pulled out Rs 1,078 crore. Prior to that, they had been continuously infusing money in stock markets.
The company has already invested up to USD two million, and plans to invest an additional USD eight million.
"Gujarati diaspora is present in huge numbers abroad and is always ready to invest in growth of the state. To institutionalise this, we have decided to start foreign desks in international cities of New York, Frankfurt, Dubai, and Tokyo," Patel said while speaking at 'Gujarat Investor Summit' during the ongoing Make in India week in Mumbai.
The ecommerce market could grow in terms of the value of goods sold to USD 220 billion by 2025 from USD 11 billion in 2015, according to a Bank of America Merrill Lynch estimate.
The Rajasthan government has got commitments to invest over Rs 3.3 lakh crore, but what will it take for the state of Rajasthan to ensure that this commitment actually gets transformed into actual investments?
In an exclusive chat with CNBC-TV18's Priya Sheth, CEO of Ikea Foundation Per Heggenes says that the aim is to have half of its workforce as women in Ikea's India stores and to invest a total of 30 million euros in the country this year.
John Rice of General Electric talks about incremental investments to the tune of about a minimum of several hundred million dollars associated with just the rail tender
With a million Indians entering the workforce every month, Selig said the country needs to grow at pace faster than the 7 percent and address issues like ease of doing business, tax policy, infrastructure bottlenecks, burdens and regulations, localisation requirements, IPR protection and enforcement among other things.
Mahindra Truck and Bus Division (MTBD), a part of USD 16.9 billion Mahindra Group, plans to be a full range commercial vehicle player with focus on developing vehicles in the 9-16 tonnes range
Pension funds, which could previously only invest in bank deposits and treasuries, will now be able to invest up to 30 percent of their net assets in the country's stocks, equity funds and balanced funds.
Main indexes tumbled more than 11 percent last week as investors began to worry that the central government was backing off on plans to prop up the market.
He claimed that India is one of the fastest growing economies of the world. "It is now commonly believed that India is one of the fastest growing economies. There are several opportunities of development in India. All leading institutions like IMF, World Bank and Moody's agree that India is world's fastest growing economy," he said.
India's state pension fund could invest more into equities in the next fiscal year starting April by raising the current limit set at 5 percent of total investable assets, Labour Minister Bandaru Dattatreya said on Thursda
Foxconn, the trade name for Hon Hai Precision Industry Co Ltd, will invest in India as it builds a supply chain in the country, in a move that may help the country's efforts to build a technology manufacturing base.