Canindia

World Bank offers Myanmar $100m for Rakhine development – Canindia News

[ad_1] Naypyidaw, July 10 (IANS) The World Bank has offered Myanmar $100 million in aid for development projects in the conflict-torn state of Rakhine, hit by violence in 2017 that led to the exodus of more than 700,000 Rohingyas, a Muslim minority community, to neighbouring Bangladesh. The offer came during a three-day visit by the World Bank Vice President for East Asia and Pacific, Victoria Kwakwa, to Myanmar, according to a statement released after the conclusion of her visit. The…

0
Read More

PE/VC investments up 46% in first half of 2018: EY – Canindia News

[ad_1] New Delhi, July 9 (IANS) Private equity or venture capital investments clocked 46 per cent growth in the first six months of 2018 to $15.2 billion across 351 deals, on the back of strong buyout activity, investments in infrastructure and real estate asset classes, a report said on Monday. Like last year, the strong growth continues to be driven by large deals. The first half of 2018 recorded 36 deals of value greater than $100 million aggregating $11.5 billion…

0
Read More

Job offers to 250 unemployed in Karnataka through CM – Canindia News

[ad_1] Bengaluru, July 7 (IANS) About 250 unemployed youth who sought jobs at Karnataka Chief Minister’s public interface (Janata Darshan) have got job offers, said an official statement from Chief Minister H.D. Kumaraswamy’s office on Saturday. “A special team formed at the Chief Minister’s home office has made pact with various companies to provide employment opportunities to these 250 applicants,” the statement said. The Chief Minister also directed the Deputy Commissioners of the state’s 30 districts to hear public grievances…

0
Read More

Karnataka to simplify investment process for industries – Canindia News

[ad_1] Bengaluru, July 7 (IANS) Karnataka would simply the investment process to enable investors set up industries in diverse verticals across the state, Chief Minister H.D.Kumaraswamy said on Saturday. “Our intention is to set up industries in districts across the state and invite investments in them. A senior officer will be responsible for simplifying the process and prevent investors running around,” Kumaraswamy told a delegation of Confederation of Indian Industry (CII) officials who called on him at his home office…

0
Read More

Regulations on insolvency resolution for corporate persons notified – Canindia News

[ad_1] New Delhi, July 4 (IANS) The government on Wednesday notified the Insolvency and Bankruptcy Board of India (IBBI) “Insolvency Resolution Process for Corporate Persons” regulations, 2018. “The regulations provide that wherever the corporate debtor has classes of creditors having at least ten creditors in the class, the interim resolution professional shall offer a choice of three insolvency professionals in the public announcement to act as the authorised representative of creditors in each class,” the IBBI said in a statement.…

0
Read More

Adani group’s acquisition of Kattupalli port likely to boost trade in region: Experts – Canindia News

[ad_1] Chennai, July 2 (IANS) The Adani group’s buyout of Kattupalli port near here from Larsen and Toubro Ltd (L&T) is likely to boost trade in this part of the region, experts said. “With this buy the Adani group gets a major presence in the Eastern Coast catering to the southern market. This may be another Mundra Port for the group but on the Eastern Coast,” Ashish Nainan, analyst in Care Ratings, a credit rating agency, told IANS. “Under the…

0
Read More

Putin, Trump agree on summit in 3rd country – Canindia News

[ad_1] Moscow, June 28 (IANS) Russia’s Vladimir Putin and US President Donald Trump will meet in a third country for their first official summit, which has been sought out for some time by the two leaders to attempt to mend the badly strained bilateral relations, senior officials of both governments said here on Wednesday. Confirmation of the summit came after a two-hour meeting between Putin and visiting US National Security Adviser John Bolton, Efe reported. “I can say that an…

0
Read More

‘Europe should be prepared for post-Brexit influx of financial firms’ – Canindia News

[ad_1] Dublin, June 26 (IANS) The EU should enhance its regulatory and supervisory capacities to cope with the possible influx of financial firms from London to continental Europe after Britain leaves the European Union, IMF Managing Director Christine Lagarde has said. The International Monetary Fund made the remarks on Monday while delivering an opening speech at a two-day international conference held in Dublin to mark the upcoming 20th anniversary of euro, which was first introduced to world financial markets as…

0
Read More

Trump to announce crack down on Chinese tech investment – Canindia News

[ad_1] Washington, June 25 (IANS) US President Donald Trump’s administration is set to announce measures this week cracking down on Chinese investment in key technologies in America, a media report said on Monday. The move is expected to increase tensions in the intensifying trade clash between Washington and Beijing, the CNN report said. The planned US restrictions on Chinese investments in “industrially significant technology” are in large part fuelled by American concerns about “Made in China 2025” — Beijing’s plan…

0
Read More

Syria condemns US financial support to ‘White Helmets’ – Canindia News

[ad_1] Damascus, June 25 (IANS) The Syrian Foreign Ministry has condemned the recent US decision to render financial support to the Syrian Civil Defence group, or “White Helmets,” listed by the Syrian government as a terror group. In a statement released by SANA news agency, the ministry said on Sunday the additional financial support by the US to the White Helmets is a flagrant evidence of the support of US-led Western countries to terrorism in Syria since 2011, Xinhua reported.…

0
Read More

World gathers to tackle climate change challenges – Canindia News

[ad_1] Da Nang (Vietnam), June 24 (IANS) World leaders and officials from over 100 nations, including India, top heads of UN agencies and multilateral financial institutions, scientists and activists gathered in this Vietnamese city on Sunday for the Global Environment Facility’s (GEF) Assembly to tackle global climate change challenges. One of the most significant global gatherings of the year on the environment, the assembly, which will see high-level plenary sessions June 27-28, follows a record $4.1 billion replenishment by governments…

0
Read More

Infosys investors cheer Nilekani’s return as Chairman – Canindia News

[ad_1] Bengaluru, June 23 (IANS) Investors of global software major Infosys on Saturday cheered the return of co-founder Nandan M Nilekani as Chairman to steer their firm onward after a turbulent year over governance issues. “Nilekani’s return has restored our confidence in the company, which progressed the most when he and other co-founder (N.R. Narayana Murthy) were at the helm,” said a shareholder at the company’s 37th Annual General Meeting (AGM). Nilekani, 63, re-joined the $10.9 billion IT major in…

0
Read More

Jindal varsity broadens career options for public policy students – Canindia News

[ad_1] Sonipat (Haryana), June 22 (IANS) Curriculum innovations and pacts with a plethora of organisations cutting across multiple sectors including corporate houses, embassies and think tanks have helped O.P. Jindal Global University here to broaden career opportunities for its public policy students, said a top university official. One such innovation that the university ushered in was the “Capstone Project” that enabled the students of Jindal School of Government and Public Policy (JSGP) to work for “client institutions” on assignments given…

0
Read More

Financial experts of Modi government fed up: Congress – Canindia News

[ad_1] New Delhi, June 20 (IANS) The Congress on Wednesday took a dig at the Modi government over Chief Economic Advisor (CEA) Arvind Subramanian’s decision to quit his post, saying financial experts of the government were completely fed up by its “colossal economic mismanagement”. “Financial experts of Modi government are completely fed up by its colossal economic mismanagement, tepid economic reforms and financial anarchy. CEA Arvind Subramanian’s resignation, after the stepping down of Niti Aayog’s Arvind Panagriya and RBI Governor…

0
Read More

Ratan Tata launches North East Small Finance bank – Canindia News

[ad_1] Guwahati, June 17 (IANS) Tata Trusts Chairman Ratan Tata and Assam’s Finance Minister Himanta Biswa Sarma on Sunday launched the first 28 branches of the North East Small Finance Bank (NESFB), the region’s first small bank. “If India has to grow as a prosperous place, we need to create opportunities and entrepreneurship,” Tata said at the function here. The Tata Trusts Chairman, through the investment arm RNT Associates, has invested Rs 40 crore in the bank. “Most of us…

0
Read More

All common service centres to become business correspondents for banks: Goyal – Canindia News

[ad_1] New Delhi, June 11 (IANS) The government on Monday announced that 2.9 lakh common service centres (CSC) would be able to work as business correspondents for banks. Addressing around 3,000 village level entrepreneurs (VLE) from across the country IT Minister Ravi Shankar Prasad said: “All Wi-Fi choupals will become knowledge centres in India. In the age of technology, information is power. Now, no villager should be able to go to cities for the services, as the same can be…

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links