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ONGC plans to invest Rs 1 lakh cr to set up 2 petrochemical plants

CFO News

India's top oil and gas producer, ONGC, plans to invest approximately Rs 1 lakh crore in establishing two petrochemical plants to directly convert crude oil into high-value chemical products.

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Why More International Life Sciences Companies Are Locating in Austria

CFO News Room

American biotech, pharmaceutical, and life sciences companies face myriad challenges today. And the pressure is always mounting to drive growth and international expansion, develop domestic manufacturing and research capacities abroad, and improve access to new drugs and technologies. Future-Forward Investments.

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Govt may soon tweak PLI schemes for pharma, textiles, drones

CFO News

The Indian government plans to modify the production-linked incentive (PLI) scheme for sectors such as pharmaceuticals, drones, and textiles to encourage investment and boost manufacturing. The changes include extending timelines for the pharmaceutical sector and adding additional products in certain sectors.

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Sri Lanka: Recovery Takes Hold

Global Finance

Currency: Sri Lankan rupee Investment promotion agency: The Board of Investment of Sri Lanka (BOI) Investment incentives: All incentives are subject to approvals and registrations. The BOI approves private FDI and local investments. billion. .): billion GDP growth (2023): 4.5% Inflation: (April 2024): 1.5%

Economics 100
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Musings on Markets: META Lesson 2: Accounting Inconsistencies and Consequences

CFO News Room

In my last post, I used Facebook’s recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

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Pay rises are making a comeback in Asia Pacific

Future CFO

Companies in the region plan to give employees larger rises next year as they recover from the economic fallout of the pandemic and face mounting challenges attracting and retaining employees, according to the latest Salary Budget Planning Report by the company. Emerging markets such as India at 8.8% and Indonesia at 6.5%

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META Lesson 2: Accounting Inconsistencies and Consequences

Musings on Markets

In my last post, I used Facebook's recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.