News – Biz@India
Amazon’s billion dollar Indian investment
July 12, 2017
Global e-commerce giant, Amazon has invested INR 3.41 billion in Amazon Wholesale India, the B2B wholesale arm of Amazon India, to expand market foothold and ward off major contender, Flipkart, according to documents filed with the Registrar of Companies (RoC).
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IndiGo craves to fly global with Air India
July 7, 2017
As the Indian government announced its disinvesting plans for the national carrier, Air India; IndiGo was the only private airline that expressed its interest, however, the intentions were clarified only yesterday.
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Azim Premji invests INR 7.03 Billion in Aditya Bir...
July 5, 2017
Wipro Chairman, Azim Premji picks up stake in Aditya Birla Capital, the financial services arm of the Aditya Birla Group for INR 7.03 billion. Aditya Birla Capital sold a 2.2 pc stake to PremjiInvest, the family investment arm of the Wipro business tycoon.
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Speculation over Tata Group acquiring Air India
June 29, 2017
One of India's biggest conglomerates, Tata Group's acquisition of India's flagship carrier Air India is now a nationwide speculation; however, the odds of reclaiming a debt-laden company on top of Tata's existing dire ventures looks more fictional than enterprising.
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EIFE organises 2nd Global Skill Development Meet i...
June 27, 2017
Keeping in mind the current needs of the youth, the Government of India as well as the global industry, the Embassy of India, Paris and Europe India Foundation for Excellence (EIFE) organised the second Global Skill Development Meet (GSDM 2017) in Paris, France, from June 19-23, ...
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India registers 11 pc rise in spice export
June 19, 2017
India continues to be the most prolific exporter of spices with a record 11 pc rise in volume and a substantial rise in value in 2016-17.
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Ashok Gajapathi Raju Union Civil Aviation Minister...
June 14, 2017
Moving from the ninth position to the third in air traffic domestically and fourth internationally, is a giant stride and if we can sustain it and take it forward, then I think we have a bright future, says Raju. The union civil aviation minister, Ashok Gajapathi Raju, discusses ...
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India’s Foreign Collaborations
June 14, 2017
The aviation industry in India, that aims to become the largest in the world by 2030, has found a boost in global players. India is the ninth largest civil aviation market in the world and is poised to become the third largest aviation market by 2020. The country’s aviation ind...
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Indian Exports in Defence
June 14, 2017
There has been a visible increase in defence exports from India. With the Ministry of Defence (MoD) managing its exchanges better and setting new grounds for governance of end-users, India’s standing in defence on the global front seems to be getting stronger, but challenges re...
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India highlights ease of doing business reforms fo...
June 13, 2017
As the World Bank prepares to assess India's renewed policies to compile a new yearly report of the ease of doing business index, India highlights a few glitches in the assessment system that overlooked imperative reforms in the last report.
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