UK-India Week: Interactions across three continents at Global Leaders’ Summit

UK-India Week’s cornerstone event, the India Inc Leaders’ Summit, which took place between June 25 and 27, saw interactions among business, political and diplomatic leaders across three continents.

August deadline for Reliance Infra’s Delhi-Agra toll road deal with Singapore company

Anil Ambani-led Reliance Infrastructure announced today that its sale of the Delhi-Agra toll road to Singapore-based Cube Highways and Infrastructure III Pte Ltd will be finalised by the end of August.

UN Study: Foreign Investment in India up by 6% in 2018

A United Nations report has found that India received foreign direct investments (FDI) worth USD42 billion in 2018, helped by inflows in manufacturing, communication, financial services and cross-border merger and acquisition (M&A) activities.

Stressed Indian companies may get a boost from Singapore

Highlighting the strong investment-linked relationships between the two nations, India’s envoy to Singapore Jawed Ashraf said the island nation could potentially become a leading investor in India’s stressed assets, especially in the financial sector.

RBI cuts rates to support sagging Indian economy; announces measures

The Reserve Bank of India on Thursday cut interest rates by 25 basis points in its latest credit policy for the third time this year. It also signalled the possibility of more rate cuts as it looks to support a sagging Indian economy.

US-India Business Council to give Sundar Pichai global leadership award

Sundar Pichai, Google’s chief executive officer and Adena Friedman, Nasdaq’s president and chief executive officer, will be given Global Leadership Awards by the US Chamber of Commerce’s US-India Business Council at an annual meeting in Washington DC on June 12-13.

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