NTT Data India CEO Dewang Neralla quits: sourcesSources told ET Neralla intends to have his own startup and is looking at the cross-border payments space for his next venture.
ADB lowers India growth estimate to 6.4%The Asian Development Bank (ADB) has revised its growth forecast for India downwards from 7.2% to 6.4% this year, due to a global slowdown,...
Asian Development Bank partners with GOI to provide $3 million PRF facilityThe signatories to the PRF for the proposed Agartala Municipal Infrastructure Development Project were Rajat Kumar Mishra, Additional Secre...
ADB lends record USD 4.6 bn loans to India in 2021Of the COVID-19-related assistance, USD 1.5 billion was towards vaccine procurement and USD 300 million to strengthen primary health care i...
ADB to provide USD 112 mn to set up skill universityThe project will support the design and construction of environmentally sustainable and climate-resilient ASU campus and facilities equippe...
State govt inks loan agreement with Asian Development Bank for setting up Assam Skill University projectThe loan agreement was signed today between Takeo Konishi, Country Director, India Resident Mission, ADB and Adil Khan, Mission Director, A...
ADB signs pact for USD 250 mn loan for National Industrial Corridor Development ProgramADB said India has initiated significant reforms to increase the manufacturing sector's productivity and competitiveness like streamlined b...
India, ADB sign USD 251 mn loan for urban flood management in ChennaiDepartment of Economic Affairs Additional Secretary Rajat Kumar Mishra and ADB India Resident Mission Country Director Takeo Konishi signed...
Asian Development Bank cuts India’s GDP growth forecast to 10 percent for FY21"The forecast, for the 12 months ending 31 March 2022, takes into account disruptions in economic activity caused by the second COVID-19 pa...
ADB annual funding to India hits record highThe total amount included $3.92 billion in sovereign loans for 13 projects, including $1.8 billion as pandemic-related support, and a $356 ...
India's GDP to grow at 11% this fiscal, fresh virus spike may put recovery at risk, says ADB“Economic activity is forecast to rebound by 11%... as extensive vaccine deployment brings Covid-19 under control and a large base effect k...
India signs $133 million loan agreement with ADB for Meghalaya's power distribution sectorThe loan will be supplemented by a $2 million grant from the ADB’s Japan Fund for Poverty Reduction to finance renewable energy projects an...
Asian Development Bank appoints Takeo Konishi as Country Director for IndiaKonishi succeeds Kenichi Yokoyama who has taken over as Director-General of ADB's South Asia Department and will be based at ADB headquarte...
World's biggest trading bloc a step closer after Tokyo meetingTrade ministers from the 16-nation RCEP met in Tokyo on Sunday to try and thrash out remaining differences. A deal could be signed by the e...
- Bandai Namco Group plans to enter Indian market
Tokyo-listed entertainment, gaming and arcade company Bandai Namco Group today said it is foraying into the Indian market to set up family ...
- ADB lends $450 million for Indian power project
The Asian Development Bank (ADB) said Friday it has approved a loan amounting to $450 million to build a 4,000-megawatt, energy-efficient c...
- ADB lends Rs 352 cr to Tata Power
Asian Development Bank will lend Rs 352 crore to Tata Power Company for construction and operation of its 100 MW wind energy project in Mah...