Mastercard to invest $1 billion to develop India as global tech node

This investment will help foster innovation and increase Mastercard’s speed-to-market capabilities and value-added services Global card payments major Mastercard, on Monday, said it will invest $1 billion in India over the next five years, with plans to make the country a global technology node for its platforms. The company has already invested $1 billion in […]

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India needs a minister of investment, not just finance

India needs a minister for investment. Whoever wins the May 23 election count, the next government must find somebody who will boldly open the doors to American and Japanese capital. Another statist intervention in a country that labors under an excess of bureaucracy might not look like much of a solution to anything. But for […]

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Audi unveils A6 Lifestyle Edition in India with rear seat entertainment features, priced at Rs 49.99 lakh

NEW DELHI: German luxury car maker Audi Tuesday launched its A6 sedan Lifestyle Edition in India, priced at Rs 49.99 lakh. The A6 Lifestyle Edition is equipped with new added features and accessories such as rear seat entertainment, mobile coffee machine Espresso Mobil and entry exit lightswith Audi logo projection, among others, Audi India said in a statement. […]

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India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA

India will need an investment to the tune of $60-80 billion over the next five years in grid infrastructure to accommodate its tremendous growth in renewable energy capacity, said a brief note published by the Institute of Energy Economics and Financial Analysis (IEEFA). The note highlights that India’s growing renewable energy additions are outgrowing the grid capacity. […]

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India Vetiver Network & Jute Board to bring out lifestyle products

Kolkata: India Vetiver Network along with Jute Board will produce lifestyle products that have tremendous export potential, said vetiver expert C K Ashok Kumar on Tuesday. He was addressing a gathering at the Artisan Speak and Jute Expo held at the renovated Old Currency Building on Tuesday afternoon. It may be mentioned that Chief Minister […]

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KETO To Invest $10 Million To Make Electric Autorickshaws In India

KETO, a joint venture between India’s ETO Motors Pvt Ltd and Hong Kong-based KYTO Green Technologies Limited, has announced an investment of $10 million in India to manufacture electric autorickshaws. The company announced its investment plan at the ongoing 8th Eco-Friendly Electric Vehicles Expo in India. The company, which showcased its flagship product for the […]

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