Non-banking finance companies ramp up commercial loans, says CRISIL

Mumbai: Non-Banking Financial Companies' wholesale credit lending, which comprises real estate lending, infrastructure finance, and structured credit, is expected to grow 21 pe...

Amazon to add five fulfilment centres in India, boost warehousing capacity

Bengaluru: Amazon India will add five new fulfilment centres in Bengaluru, Mumbai, Delhi, Vijayawada and Kolkata, increasing the company's storage capacity in the country by 15...

Jewellers see 10% export growth in FY19

Mumbai: India’s gems and jewellery export is expected to grow 10 per cent in FY18-19, backed by 4.2 per cent growth in cut and polished diamonds segment in FY17-18.

Canada's pension fund CDPQ bets big on India story with US$ 4.5 bn investment

Mumbai: Caisse de depot et placement du Quebec (CDPQ) has identified India as one of its key growth markets and made US$ 4.5 billion worth of investments in the country since April...

Mumbai frees up 3,355 hectares of land to build 10 Bandra-Kurla complexes

Mumbai: The Brihanmumbai Municipal Corporation (BMC) will release 3,355 hectares of land under the Development Plan 2034, out of which 2,100 hectares will be utilised for affordabl...

Piramal Realty is looking at launching a commercial real estate fund

Mumbai: Piramal Group's real estate arm Piramal Realty will be launching a real estate fund to purchase greenfield and brownfield properties and sell them to PE funds after com...

Govt takes EPC route for awarding contracts in waterways projects

New Delhi: Government of India has undertaken the Engineering, Procurement and Construction (EPC) model of giving out highway contracts for awarding waterway projects.

India accounts for 55% of new bank accounts opened globally: WB

India accounts for 55 per cent of the 514 million new bank accounts opened globally between 2014-17.