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INDIA INVESTMENT NEWS

The country’s healthcare sector is poised to grow to USD 280 billion by 2020 while it is expected to be a leader in e-health by 2019, a new report said. The CII-KPMG ‘The Indian services sector: Poised for global ascendancy’ report launched at the second edition of Global Exhibition on Services (GES) said that healthcare […]

Germany’s Metro Cash & Carry on Wednesday announced the opening up of a new wholesale distribution centre in Surat, the first in Gujarat. The wholesaler has assured lowest possible price across branded grocery and non-food products in the the city. “Surat is among the most savvy and competitive markets in the country, and our price […]

Renault India plans to have 240 sales and service outlets by the end of this year as part of its expansion plans, the company said today. It inaugurated its new 3S (sales, service and spares) facility at Renault-Kattupakkam – Power Car India Pvt Ltd – in the city today. “Renault is one of the fastest […]

RBL Bank announced the launch of an exclusive branch for start-ups. RBL Bank will be the first private sector Bank to open a specialized branch for start-ups offering a bouquet of banking products to service the end-to-end needs of the emerging entrepreneurial eco-system. The branch was inaugurated at Koramangala, Bengaluru, by Nandan Nilekani, noted entrepreneur […]

Cash flow for construction companies is likely to improve in 2016-17 as most of the orders procured in the last two years are expected to be executed this fiscal, says a study by India Ratings (Ind-Ra). According to the study, companies in the construction sector continued to witness negative cash flows from operations in 2015-16, […]