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The fund will invest up to 35 per cent of the corpus in global stocks as and when the foreign investment limit is raised

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Global software company NetApp feels that the lack of domestic vendors makes the Indian market an open one where anyone can compete on a fair basis, as per a top company official. The San Jose, US-headquartered company wants to make India the biggest market in Asia in the medium term by overtaking Japan. Its Kerala-born chief executive George Kurian said Asia is performing better than the rest of world, and the company will be targeting to increase the share of revenues from the continent to 20 per cent from the present 18 per cent. Size and scope of the Indian market is strong, it is the fastest growing large GDP in the worldand there is no domestic vendor, so the Indian market is open for everybody to compete on a fair basis. That's why we believe it's a good opportunity, Kurian told PTI on the sidelines of the company's annual event Insight' here. He said an increasing number of multinationals are putting up their technology centres in India, and many American companies are maki

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Finance minister Nirmala Sitharaman on Thursday highlighted greater opportunities in India for investment in manufacturing, food processing and marine resources in a bilateral meeting with her South Korean counterpart. The minister met Choo Kyung-ho, Deputy PM & Minister of Economy and Finance, South Korea, on the sidelines of 56th ADB Annual Meeting here, and also invited Korea Investment Corporation (KIC) and other investors to take forward investment in India's infrastructure sector. During the meeting, Sitharaman also highlighted India's enabling policy framework for e-vehicles and green hydrogen sectors for further attracting investment in India with the engagement of the Korean government. "FM Smt. @nsitharaman emphasised on greater opportunities in India for #investments in #manufacturing, #RenewableEnergy, #infrastructure, #pharmaceuticals, #FoodProcessing, including #marine resources, among other sectors," a finance ministry tweet said. Sitharaman further informed her ...

Jammu and Kashmir Lieutenant Governor Manoj Sinha has said that J&K is emerging as a vibrant, fastest growing and most attractive investment destination and renowned companies from across the country and abroad are looking forward to investing in the Union Territory. Sinha shared key initiatives of J&K administration to facilitate the MSMEs in the Union Territory at the two-day Laghu Udyog Bharati's North Zone MSME conclave and investors' meet here. "Today, the world is recognizing the all-round transformation taking place in Jammu and Kashmir. Renowned companies from across the country and abroad are looking forward to investing here", he said. Speaking at the same event, Union minister Arjun Ram Meghwal asked potential investors to take advantage of the business-friendly environment developed for the industries. "After abrogation of Article 370, a lot of people (investors) came here. In this investors' summit, several have shown their interests. It will create a good ...

Prime Minister Narendra Modi on Monday urged global investors to explore investment opportunities in the country's energy sector, saying India is the most opportune place at present. Modi in his inaugural address at the India Energy Week 2023 said the Budget (for 2023-34) has provided Rs 10 lakh crore for capital expenditure, which will give a boost to green hydrogen, solar power and road sectors. "I ask you to explore all opportunities connected with India's energy sector. India is the most opportune place for investment today," he said at the India Energy Week, which is being attended by several ministers, corporate leaders and experts from different nations. The Prime Minister also recalled several initiatives taken by the government to promote green energy and make India net zero by 2070. The budget 2023-24 has provided Rs 35,000 crore to the petroleum and natural gas ministry for achieving the net-zero target. India Energy Week 2023 is the first major event of G20 under India

Market potential and investment opportunities in space cooling will be $1.5 trn by 2040 in India. Therefore, it would be imperative for the govt to create an adequate enabling investment framework

Promoting India-Australian bilateral trade and investments, Union Minister Nitin Gadkari emphasised on the investing opportunities in India including the transport infrastructure sector

India's digital revolution offered investment opportunities for the United States, the South Asian country's finance minister said on Wednesday

Top executives of Temasek, which has doubled its India portfolio in the past five years to $16 billion, said the fund made several successful exits from India in FY 22

Raamdeo Agrawal on investment opportunities after market correction

Business Standard's Puneet Wadhwa speaks to Raamdeo Agrawal of Motilal Oswal Financial Services, to know his take on geopolitical developments and investment opportunities in a corrected market

Brazil offers investors around the globe "unique opportunities", thanks to its abundance of resources and strong legal framework, President Jair Bolsonaro said

The Ministry of External Affairs (MEA), in a statement, said both sides discussed the future trajectory of their wide-ranging engagements in the meeting

In making several weak points in the column, "Why India won't grow at 8% plus" (June 9), Shankar Acharya has overlooked two facts: India is now by far the biggest market opportunity for every major manufacturer in the world, especially manufacturers in India; and that it offers by far the best repayment potential for investments.In a world where the developed countries are flush with funds and are looking for safe investment opportunities with the expectation of some positive return, the above two facts make 8-10 per cent gross domestic product growth a near-certainty in India, given its demographics and provided there is reasonably good governance.In the next 20 years that window of opportunity will shift slowly to those African countries or other less developed nations that get their governance right.Alok Sarkar KolkataLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax: (011) 23720201E-mail: letters@bs