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Being a global financial services hub, Hong Kong places itself in a unique position to help finance Indias infrastructure requirements. The Dollar Business Bureau C Y Leung, Chief Executive Officer, Hong Kong Special Administrative Region, said that Indian and Hong Kong companies can cooperate in the areas of information technology and innovation.   Hong Kong Special Administrative Region has expressed willingness to extend its support to enhance Indias infrastructure capacity. C Y Leung, Chief Executive Officer, Hong Kong Special Administrative Region, who was on a visit to India said that being a global financial services hub, Hong Kong places itself in a unique position to help finance Indias infrastructure requirements. He was speaking at a session on India Hong Kong SAR: Translating Ties into ...

A 25-member delegation from Chinas Hunan province met business leaders of Telangana and representatives from the state government The Dollar Business Bureau The Telangana government is ready to sign an agreement with Chinas Hunan province to establish sister-state relationship   As part of efforts to bring foreign investments in the state, the Telangana government has decided to allocate 500 acres of land for the setting up of an industrial park meant for small enterprises from China. Arvind Kumar, Secretary, Department of Industries and Commerce, Telangana, said that the state government will allocate the land to develop an industrial park with all the facilities. We are keen to have large group of Chinese SMEs to come and operate at the Industrial Park, he said while addressing ...

Source: PTI The agreement provides partnership and collaborative opportunities across key sectors where South Australian business can offer services and product support   South Australia on Friday signed a historic ‘sister-state agreement’ with Indian state of Rajasthan that would pave new ways to boost export and investment opportunities between the two states. The sister-state relationship between South Australia and Rajasthan is based on a two-way exchange of research, policy and technical capabilities. The agreement provides partnership and collaborative opportunities across key sectors where South Australian business can offer services and product support. Following successful visits to Rajasthan by state Premier Jay Weatherill, Deputy Premier John Rau and a state government led business mission in August this year, the agreement was signed by ...

Source: PTI Finance Minister Arun Jaitley will launch the first Arab India Economic Forum in Dubai next month to highlight investment opportunities in India and discuss solutions to meet investor challenges in the country. Jaitley will address dignitaries, government officials and business leaders from around the Arab region during the forum to be held from November 16-17. Arab India Economic Forum (AIEF) will feature discussions on the extensive economic opportunities that can be leveraged between Arab nations and India for investment as exemplified by the activities of leading companies from the region like Saudi Arabia Basic Industries Corporation, DP World, and Jumeirah Group. Jaitley will shed light on the business and investment opportunities in India regarding 'Make in India' and Digital ...

Source: PTI Hasmukh Aadhia, Revenue Secretary, has started holding detailed meetings from Tuesday onwards with industry and business representatives of major national chambers as well as with the representatives of different sectors in order to generate new ideas for tax policy reforms for the next budget. The Ministry of Finance is quite conscious of the fact that tax policy could be used as an important instrument of enhancing the speed of economic growth of the country and therefore, it is important to have proper stakeholder consultation out of box thinking. This is an attempt in that direction. The first such meeting was held in New Delhi on Tuesday with the Confederation of Indian Industry (CII) delegation consisting of Naushad Forbes, President, ...

Source: PTI Global CEOs are confident about the growth prospects of their businesses over the next three years and 80 per cent of them have bullish hiring outlook for this period, says a KPMG study. According to a study released by KPMG International, chief executives of global businesses are confident about the ability of their companies to grow over the next three years and are expressing confidence about the prospects for the global economy. “The overall message we've gotten from CEOs around the globe, is that they are positive about their prospects over the next three years, and importantly that they are looking to hire more people,” KPMG International Global Chairman John Veihmeyer said. Most importantly, CEOs globally are set to ...

The Dollar Business Bureau Deputy Minister of Economic Development of the Russian Federation, Aleksander Tsybulskiy said that Russian companies are showing renewed interest in doing business with India post President Vladmir Putin’s visit to the country in December 2014. Tsybulskiy was speaking at the Business Roundtable, “Russia-India: Mutual Investment Opportunities”, during the St. Petersburg International Economic Forum (SPIEF) being organized in St. Petersburg, Russia. Industry body CII organized a CEO delegation representing leading Indian businesses at SPIEF and at the India Russia Business Roundtable. Sumit Mazumdar, President, CII in his address highlighted the need for Russian companies to participate in sectors such as nuclear energy, renewable energy, oil and gas and defence manufacturing in India. In sectors such as ...

 The Dollar Business Bureau Around 70 Indian companies from various sectors will showcase their products and technological expertise at an international trade fair in Algeria, beginning Tuesday. Commerce Minister Nirmala Sitharaman, who is leading a business delegation in the African county, will inaugurate the India Pavilion along with the Prime Minister of Algeria. The Federation of Indian Chambers of Commerce and Industry (FICCI) with the support of Ministry of Commerce and Industry and Indian embassy in Algeria is organising the India Pavilion at the 48th Algiers International Trade Fair. Exhibitors from 38 countries will participate in the week-long event which will conclude on June 1. India has been given a status of ‘Guest of Honour’ country for the trade ...