Trump woos India Inc to invest more in US : Bulletin: Business Today
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Trump woos India Inc to invest more in US

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February 26, 2020

Indian economy likely grew 4.7% in Q3 on small rebound in rural demand
Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7 percent in the last quarter of 2019 from 4.5% the previous quarter

Sebi finds prima facie violations of corporate governance at IndiGo
A preliminary probe by markets regulator Sebi has suggested prima-facie violations of corporate governance and listing disclosure norms in certain related party transactions involving budget carrier IndiGo's parent firm InterGlobe Aviation Ltd, sources said. While the company said it has not received any communication from Sebi in this regard, shares plunged sharply in afternoon trade on Tuesday.

We'll offer them a deal they can't refuse: Piyush Goyal on India-US trade pact
Commerce Minister Piyush Goyal assured that India and the United States needed to move to a new level of engagement with a lot more two-way play in strengthening defence and energy cooperation. Speaking at the "US-India Forum: Partners for Growth", Goyal said that India would offer something that the US couldn't refuse.

Mastercard names new CEO, Ajay Banga to assume new role of  executive chairman
Mastercard's Indian-American President and Chief Executive Officer Ajay Banga will step down from his role and assume charge as Executive Chairman of the Board of Directors, as the payments giant announced Michael Miebach as the new CEO. Banga will become Executive Chairman of the Board of Directors effective January 1, 2021. Miebach, currently the Chief Product Officer, will become Chief Executive Officer and a member of the Board of Directors on January 1, 2021.

Trump woos India Inc to invest more in US, promises easing of regulations further
US President Donald Trump wooed Indian industry leaders to invest more in America, promising to reduce more regulations in his country as he looked for overseas investment to boost the economy there. Speaking at a high-profile CEO round-table which included captains of the Indian industry, Trump reassured that regulations "will only get better" for investment in the US.


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