July 29, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Angel investment in Indian start-ups grew by 62 per cent year-on-year to reach a five-year high of Rs 113.6 crore (US$ 16.94 million), across 69 deals, during FY2015-16: InnoVen Capital
Mumbai: About 24 private equity (PE) funds in India are looking to raise up to US$ 2 billion in order to capitalise on rising interest from limited partners (LPs) or investors who believe in the emerging India story.
New Delhi: The Government of India plans to set up an advanced research and training institute in chemical engineering, which will offer support services to businesses in technology, design and testing and will train engineers and scientists through its various centres in different parts of the country.
Mumbai: Mutual funds in India added over 1.26 million investor accounts during April-June 2016 quarter, taking the tally to a six-year high of 48.9 million accounts, according to statistics from the Association of Mutual Funds of India (AMFI) and CRISIL.
New Delhi: Technology giant Oracle and India's largest lender State Bank of India have entered into a partnership for corporate India's largest volunteering programme called 'D-Change' which will help train underprivileged school students in the basics of using information, communication and technology (ICT) tools.
Mumbai: Mr Ivan Menezes, Chief Executive at Diageo Plc has picked Indian market as one of its three focus areas that will drive its growth in FY17.