Page-5 of Investment

Amazon to invest 1 billion USD in India; Create 1 million jobs

On January 17, 2020, one of the world’s largest retailer Amazon announced that it has planned to invest 1 billion USD in India and generate 1 million jobs. Globally Amazon has increased its employee base four times. Highlights The retailer ..

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NITI Aayog and Ladakh UT sign MoU to develop Infrastructure projects

On January 17, 2020, NITI Aayog and Ladakh Union Territory signed a Memorandum of Understanding. According to the agreement, NITI Aayog will support the administration of the Ladakh through its initiative “Development Support Services to States for Infrastructure Projects” (DSSS) ..

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Food Processing Summit held in Ladakh

On January 16, 2020, the Department of Industries and Commerce, functioning under Ministry of Food Processing Industries organized food processing summit in Ladakh. The other stakeholders of the summit include Invest India and National Investment Promotion and Facilitation agency. Highlights ..

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First Session of India-Norway Dialogue held in New Delhi

Between January 15, 2020 and January 16, 2020, the first session of India-Norway trade and investment dialogue was held in New Delhi. It was the first meeting of the countries after they signed an agreement in 2019. Highlights India and ..

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Edelweiss Asset Management Company launches First Corporate Bond ETF of India

The Edelweiss Asset Management Company has launched the First Corporate Bond Exchange Traded Fund(ETF) of India and it is also the largest New Fund Offer (NFO) ever opened for subscription in the country. Edelweiss Asset Management Company is a subsidiary ..

National Financial Reporting Authority submits first report since constitution

The National Financial Reporting Authority (NFRA) issued its first audit report of IL&FS Financial Services Limited for the year 2017-18. It is the first report submitted by the authority since its constitution in October 2018. The audit was conducted abiding ..

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