India signs MoU with USA to set up infrastructure collaboration platform

India and US have a signed memorandum of understanding (MoU) to set up infrastructure collaboration platform. Under the MoU, both the Governments intend to coordinate and cooperate with the goal of facilitating the US industry participation in Indian infrastructure projects to improve the bilateral commercial relationship.

Framework for security cooperation between India and Australia

India and Australia have decided to establish a framework for security cooperation to reflect the deepening and expanding security and defence engagement, and to intensify cooperation and consultation in areas of mutual interest.

India sets up special committee to expedite investment from Japan

India has set up a special committee of officials to expedite Japanese investment in India to research, outreach, promote and facilitate Japanese businesses wanting to set up base in Asia's third largest economy.

Indian Railways and Republic of Korea sign MoU on technical cooperation in the rail sector

India and Republic of Korea have signed a memorandum of understanding (MoU) to enable technical assistance and cooperation between railways of the two countries.

Tech Mahindra acquires US-based LCC for US$ 240 million

Tech Mahindra has entered into an agreement to buy US-based network services company Lightbridge Communications Corporation (LCC) for US$ 240 million.

Kotak buys ING Vysya in all-share deal

Kotak Mahindra Bank has announced the acquisition of ING Vysya Bank in an all-stock deal. The deal will make Kotak the fourth-largest private bank in the country in terms of total business.

SoftBank invests US$ 75 million in Housing.com

SoftBank Corp, the Japanese telecommunications and Internet Corporation, has made its third investment this year in the Indian e-commerce space. It has invested around US$ 75 million in the online real estate portal Housing.com.

E-commerce trumps realty in investments

In the past 10 months, investments worth US$ 8.5 billion across 381 deals have been made in the country and e-commerce has contributed 35 per cent of the total deal value at US$ 2.96 billion, according to data from consulting firm EY.

Nielsen launches neuroscience lab in India

Nielsen has launched its first consumer neuroscience lab in India at its Mumbai headquarters. The neuroscience lab will augment the company's research capabilities in packaging and research, improving their effectiveness, said Mr Joe Willke, President, Nielsen Neuro.