Digital India to transform India into digital empowered society

The Government of India has given its approval for the new programme, Digital India, which plans to transform India into a digital empowered society and knowledge economy.

India's ecommerce to reach US$ 43 billion in five years

Indian e-commerce sector will witness major growth in the next five years and will grow from the present US$ 10 billion to US$ 43 billion, according to Nomura's India Internet Report.

US$ 8 billion opportunity in store for Indian telecom industry

The growth in internet usage in India will help telecom companies in the country generate additional cumulative revenues of US$ 8 billion over the next three years, according to a study by Google and AT Kearney.

India's market cap gain best barring Cyprus in 2014

India's market capitalisation has risen 34 per cent since the beginning of 2014, the most among all markets after Cyprus. India ranks 10th in the world in terms of market capitalisation, which stands at US$ 1.52 trillion.

India's exports up 7.33 per cent at US$ 27.72 billion in July

India's exports grew by 7.33 per cent to US$ 27.72 billion in July 2014, according to the data released by Ministry of Commerce and Industry, Government of India.

Merger and acquisitions activity valued at US$ 8.4 billion in July

Indian companies witnessed mergers and acquisitions (M&A) transactions worth US$ 8.4 billion in July 2014 through 110 deals, an increase of 36 per cent in terms of value and 23 per cent increase in volume during the corresponding month in 2013, according to the data released by Grant Thornton India LLP.

HDFC Bank is most valuable brand in India: Report

HDFC Bank has been adjudged as the most valuable brand in India with a value of US$ 9.4 billion, in a list of India's 50 most valuable brands, as per BrandZ ranking by WPP Plc.

IFC to raise Rs 15,000 crore in next five years for India market

International Finance Corporation (IFC), plans to raise Rs 15,000 crore (US$ 2.47 billion) over the next five years from the local markets to address India's infrastructure needs.

UK firm New Call Telecom to invest US$ 100 million in India

New Call Telecom (NCT) plans to invest about US$ 100 million in India over the next 18 months to acquire a controlling stake in four technology companies and to provide them development capital.

RIL plans to invest US$ 2 billion in US shale gas assets

Reliance Industries Ltd (RIL) plans to invest US$ 2 billion in its three shale gas assets in the US.