Tag Archive for investment

ICAI signs MoU with Invest India to promote Foreign Investment

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By K Ashwin Mobile: 09920183006 Email: indianshowbusiness@gmail.com

CA. Naveen N.D. Gupta, President, ICAI & Mr. Deepak Bagla, Managing Director & CEO of Invest India during signing of the MoU between ICAI & Invest India also present CA. Prafulla P. Chhajed, Vice-President, ICAI

The Institute of Chartered Accountants of India (ICAI) has signed an Memorandum of Understanding (MoU) with the Invest India on February 4, 2019 coinciding with Platinum Jubilee Annual Function of ICAI at New Delhi under the aegis of the Committee for Export of CA Services & WTO of ICAI. The MoU was signed by CA. Naveen N. D. Gupta, President, ICAI and Mr. Deepak Bagla, Managing Director and CEO of Invest India. Mr. Rajiv Mehrishi, Hon’ble Comptroller and Auditor General of India, CA. Prafulla P. Chhajed, Vice-President, ICAI, CA. Babu Abraham Kallivayalil, Chairman and CA. Anil Bhandari, Vice-Chairman of the Committee for Export of CA Services & WTO of ICAI were also present.

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Budget Reaction of Mr Sridhar A K, Director and Chief Investment Officer, Indiafirst Life Insurance Company Ltd

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By Vivek K. Mobile: 09920183006 Email: indianshowbusiness@gmail.com

“Without any surprise, this clearly ended up as a ‘pre-election budget’! While the various sops & concessions announced in this Budget are going to be a sure shot cash outflows, the Government’s assumptions on revenue receipts seems to hover around lots of assumptions & imaginations. So this opens up a big debate on how dependable is the optimism of keeping the fiscal deficit at 3.4%.

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Investment banker Sujaya Moghepadhye of Jaya Foundation presented ‘Sneh’ to support women & children suffering from cancer Scintillating aerial dance show ‘Love is in the Air’ by Sumeet Nagdev Dance Arts

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Investment banker Sujaya Moghepadhye also co-founder of Jaya Foundation and artistic director Sumeet Nagdev presented 'Sneh' – an initiative featuring 'Love is in the Air' aerial dance performance by Sumeet Nagdev Dance Arts to support women and children suffering from the deadly disease cancer

Investment banker Sujaya Moghepadhye also co-founder of Jaya Foundation presented ‘Sneh’ – an initiative featuring ‘Love is in the Air’ aerial dance performance by Sumeet Nagdev Dance Arts to support women and children suffering from the deadly disease cancer. Incidentally, the show was special as it was on the eve of artistic director Sumeet Nagdev’s birthday (on 8th December) and his performers – 12 of them with principal artistes Reshma Sharma, Neeraj Lohni and Manik Paul and the youngest of them all Sara Shah – made it really special.

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Investment banker Sujaya Moghepadhye of Jaya Foundation presents Sneh – an initiative featuring Love is in the Air by Sumeet Nagdev Dance Arts

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Every day we observe anomalies in our society and wish for betterment, yet again somewhere in our busy minds, we do nothing else but ‘keep wishing‘. If our society and the world at large should get any better, we have to ‘wish’ less and ‘do’ more.

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Midea Group lays the foundation stone for Technology Park in Maharashtra, India, with a new investment of ₹1,350 Crore; supports ‘Make in India’ initiative

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Chief Minister, Maharashtra, Shri Devendra Fadnavis announcing foundation stone laying of Midea Group in Pune, Maharashtra

Midea Group, a global consumer appliance conglomerate and a Fortune 500 Company, today laid the foundation stone for the Technology Park at Supa Parner in Maharashtra, India, with manufacturing plants for home appliances, HVAC and compressors. The foundation stones were laid by The Honorable Chief Minister of Maharashtra, Shri Devendra Fadnavis; Mr. Xiangjian He, Founder, Midea Group; and Mr. Paul Fang, Chairman, Midea Group.

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‘Food India by SIAL’ Will Bring Technology & Investment in Food Processing in India- Harsimrat Kaur Badal

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Smt. Harsimrat Kaur Badal, Minister, MOFPI, GOI, inaugurating '1st FoodIndia by SIAL' at Pragati Maidan, along withMs Valerie LOBRY-GRANGER, MD-Comexposium-Food SIAL

1st edition of ‘Food India by SIAL’- Comexposium & Inter Ads Exhibitions’ most comprehensive B2B show for the food and beverage industry, kick started to an enthusiastic response at Hall No. 12 & 12A of Pragati Maidan, New Delhi on 16th September.

The 3 day B2B Exhibition is powered by Ministry of Food Processing Industries, Govt. of India and was inaugurated by Honourable Minister, MOFPI,  Smt. Harsimrat Kaur Badal.

The 1st Edition of ‘Food India by SIAL’ has over 150 Exhibitors from India and 13 other countries like Switzerland, France, UK, Russia, China, Indonesia,  besides pavilions from Italy, Turkey & Korea. Read more

Overseas capital investment in India touches USD 2.6 bn recording a 31% growth according to Knight Frank’s Active Capital: The 2018 Report

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Knight Frank, the independent global property consultancy, today launched Active Capital: The 2018 Report. Looking at the shifts in capital flows, the report dives into the sources and destinations of cross-border investments in commercial real estate.

 

Key India findings of the report:

 

  • ·         India ranks an impressive 19th position amongst the 73 countries that attracted cross-border capital into their property market in 2017. With USD 2.6 bn of cross-border capital inflows (excluding development sites), India ranks ahead of its Asia Pacific regional counterparts like Malaysia, Thailand, Indonesia, Vietnam and Philippines, which collectively attracted lesser capital flows compared to India.

 

  • ·         Capital flows into Indian property market have been 10 times higher than the outflows in 2017. USD 2.6 bn of inflow was recorded compared to outbound capital flows to the tune of USD 0.26 bn last year. Led by a battery of reforms like RERA, GST and demonetisation, the attractiveness of Indian real estate potential has caught the fancy of international investors and developers alike resulting into this favourable investment account.

 

  • ·         Compared to 86% share in 2016, United States, Canada and Singapore collectively contributed to 84% of capital inflows to Indian property followed by United Kingdom, United Arab Emirates and Hong Kong in 2017. Read more

Seminar on ‘Investment Opportunities in Taoyuan, Taiwan’ organized by TAITRA in Bengaluru

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Taiwan Trade External Development Council - TAITRA organized a seminar on “Investment opportunities in Taoyuan” in Bengaluru on 5th June, 2018.

The Taiwan Trade External Development Council – TAITRA organized a seminar on “Investment opportunities in Taoyuan” in Bengaluru on 5th June, 2018. Taoyuan is a planned integrated business city located 40 km southwest of Taipei, Taiwan.

The highlight of the event was the keynote address given by Dr. Da-Nien Liu, Director, Chung-Hua Institute of Economic Research, Taiwan. Speaking at the event, Dr. Da-Nien Liu emphasized the sound industrial confluence in Taoyuan, Business opportunities and future development in Taoyuan and Industrial cooperation between India and Taoyuan. Read more

Unicorn India Ventures announces investment in Software Defined Radio (SDR) startup Inntot Technologies

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Unicorn India Ventures, an early stage VC fund, has announced another investment in Kerala — an emerging hub for startups. The Fund has invested in Inntot, a software defined radio startup based in Kerala. It is a seed-funding round, which marks Unicorn India as the first institutional investor in Inntot.

 

This is Unicorn India’s sixth announcement in the State The Fund invested in five startups — Genrobotics, Perfectfit and SectorQube, Bank Open and Clootrack early this year.

 

Anil Joshi, Managing Partner, Unicorn India Ventures, says, “Over the last one year, as a Fund, we have been on a look out for next gen tech startups and investment made by us clearly reflect our intent to find such growing startups and invest in them. Kerala, in that respect, has surprised as we have seen our investments going to startups which are working on cutting edge technology like IoT, 3D, Robotics and now digital radio receivers.” Investment in Inntot is inspired by the success that we have seen in new age tech startups who are not chasing the tempting matrix but building a product from ground up and opening up a completely new market for themselves rather fighting for a small piece of a big pie, he adds. Read more

YES SECURITIES ADJUDGED “INDIA’S BEST INVESTMENT BANK” BY GLOBAL FINANCE MAGAZINE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

YES SECURITIES, the Investment Banking and Merchant Banking arm of YES BANK, was adjudged “India’s Best Investment Bank” by Global Finance magazine at its 2018 World’s Best Investment Bank Awards. The winners were short-listed based on an extensive annual global survey of industry experts and analysts by Global Finance magazine.

Global Finance editors, with inputs from industry experts, used a series of criteria to score and select winners, based on a proprietary algorithm. Deals announced or completed in 2017 were considered.

Vikas Dawra, Group President & Global Head, Investment Banking, YES Securities said, “This award is a true recognition of our in-depth market understanding and service excellence by industry experts worldwide. Our knowledge driven approach has enabled us to be a trusted advisor to clients, across their growth cycle and played an instrumental role in some of the most complex transactions in 2017. With continued reforms and improving confidence in the economy, we believe that the momentum will only accelerate in 2018.” Read more