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America’s DFC to invest $350 million in India This is part of DFC’s $1 billion commitment for several countries in Africa, Latin America and other emerging markets. The investments mark one of the largest tranches approved during a board meeting under DFC and its pedecessor agency. By Atmadip Ray Read more at: https://economictimes.indiatimes.com/news/economy/finance/americas-dfc-to-invest-350-million-in-india/articleshow/76213629.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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As lockdown opens and workplace resumes function, corporate organisations are feeling the need to deploy tech tools to monitor workplaces. Read more at https://www.moneycontrol.com/news/business/economy/reopening-india-biggest-concern-at-workplaces-now-will-be-investing-in-tech-solutions-for-covid-19-safety-survey-5357991.html

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In November last year, the central government announced a Rs 25,000-crore fund to help complete over 1,500 stalled housing projects, including even those that have been declared NPAs (non-performing assets) or admitted for insolvency proceedings. https://realty.economictimes.indiatimes.com/news/industry/sbicap-ventures-lowers-irr-to-12-in-stress-fund-for-stalled-housing-projects/76128407

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The firm closed the offering — Distress Opportunity Fund I (PDOF I) with online participation from over 150 investors include high net worth individuals, family offices, retail and institutional investors including a Japanese family office, in two weeks. https://realty.economictimes.indiatimes.com/news/allied-industries/propshare-capital-raises-rs-80-crore-for-commercial-realty/76147815

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The minister chaired a video conference with officials from Ministry of Steel, Ministry of Road Transport and Highways, Ministry of Railways, INSDAG, SAIL and steel fabricators from Bhilai to work out the details of the plan. Read more at: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/dharmendra-pradhan-chairs-meeting-for-steel-fabrication-cluster-around-sails-bhilai-plant/articleshow/76154189.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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IT and Telecom Minister Ravi Shankar Prasad said India will initially aim to attract top 5 global mobile manufacturing companies and also promote five local companies that will be identified through a screening process. Read more at: https://economictimes.indiatimes.com/tech/hardware/govt-starts-inviting-application-for-rs-50000-cr-electronic-incentive-schemes/articleshow/76153644.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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