E-commerce
The elevated curiosity of private equity investors in online business enterprises is the cause of India’s IT & ITeS sector to be attracted with $1.64 billion funding. According to the report of PwC given in the Money Tree India Report Q3 2014, in consideration with PE investments, India’s IT and ITeS sector exert a pull [...] Continue Reading »
The e-commerce business has boomed manifolds in India in the last few years. This has given a fresh lease of life to hundreds of land owners who bought land to build warehouses a few years back. However they were disappointed after a much touted policy of FDI in multi-brand retail became a non-starter. It looks like [...] Continue Reading »
Seeking to streamline the foreign investment regime, the commerce and industry ministry has proposed to introduce a composite cap which will include FDI (Foreign Direct Investment), FII (Foreign Institutional Investment) and other instruments in various sectors. In a draft cabinet note, which was circulated for inter-ministerial consultations, the DIPP (Department of Industrial Policy and Promotion) [...] Continue Reading »
Nearly 300 crore has been invested in real estate projects in the State by Primarc Group, which runs the ‘Crossword’ franchisee in West Bengal. At least six projects across the IT-township of Sector V in Salt Lake Kolkata are already under various stages of construction in proper and other fringe areas and suburbs like Birati [...] Continue Reading »
