capital investment

UK natural choice to be Kerala’s partner: Envoy


September 12th, 2012 - 8:53 pm ICT by IANS
Kochi, Sep 12 (IANS) British High Commissioner to India Sir James Bevan Wednesday asked Kerala to treat Britain as the first choice for partnership.He was speaking at the Emerging ... Read more...

Posted in Business |

Coal India to get assets abroad


September 3rd, 2012 - 9:58 pm ICT by IANS
New Delhi, September 3 (IANS) Coal India Ltd (CIL) will spend Rs.5,000 crore this fiscal to acquire assets abroad, Pratik Prakashbapu Patil, minister of state in the coal ministry, said ... Read more...

Posted in Business |

UBI to seek Rs.1,000 crore from government


August 16th, 2012 - 7:09 pm ICT by IANS
Kolkata, Aug 16 (IANS) Public sector lender Union Bank of India (UBI) will seek capital investment up to Rs.10 billion from the central government to clock around 18-20 percent growth ... Read more...

Posted in Business |

Essar Oil told to pay Rs.1,000 crore dues to Gujarat (Lead)


July 18th, 2012 - 12:02 am ICT by IANS
New Delhi, July 17 (IANS) The Supreme Court Tuesday directed Essar Oil to pay by July 31 Rs.1,000 crore to the Gujarat government as its dues towards value added tax ... Read more...

Posted in Business |

Cabinet approves special incentives for electronics sector


July 12th, 2012 - 4:09 pm ICT by IANS
New Delhi, July 12 (IANS) The union cabinet Thursday approved a special incentive package to promote large-scale manufacturing in the electronic system design and manufacturing (ESDM) sector.The scheme, called the ... Read more...

Posted in Business |

India readies to select mid-air refueler


March 21st, 2012 - 8:58 pm ICT by IANS
New Delhi, March 21 (IANS) India is readying to select the winner of the $2-billion tender for six mid-air refuelers for its air force, with both the contending planes from ... Read more...

Posted in Business |

Raise depreciation rate to boost investment: CII


February 26th, 2012 - 11:31 am ICT by IANS
New Delhi, Feb 26 (IANS) The government should raise the depreciation rate for energy efficient technologies and plant and machinery to help companies go green and boost private investment, the ... Read more...

Posted in Business |

Essar Oil seeks review of SC decision on tax order


February 16th, 2012 - 2:54 pm ICT by IANS
Mumbai, Feb 16 (IANS) Essar Oil Ltd Thursday said it had filed a review petition in the Supreme Court seeking a review of the decision to set aside a Gujarat ... Read more...

Posted in Business |

Japan’s GDP growth lowered to 5.6 percent


December 9th, 2011 - 1:27 pm ICT by IANS
Tokyo, Dec 9 (IANS) Japan's economy grew at an annualized 5.6 percent in the July-September quarter, down from a preliminary projection of 6 percent, the authorities said Friday.The downward revision ... Read more...

Posted in Business |

Himachal gets capital investment subsidy


July 16th, 2011 - 11:21 pm ICT by IANS
Shimla, July 16 (IANS) The central government has released Rs.75.83 crore as central capital investment subsidy for industrial units in Himachal Pradesh, an official statement said Saturday."The centre has released ... Read more...

Posted in Business |

Announcements by finance minister for lawmakers, women…


March 11th, 2011 - 4:40 pm ICT by IANS
New Delhi, March 11 (IANS) The following announcements were made by Finance Minister Pranab Mukherjee in the Lok Sabha Friday during a discussion on the budget for the fiscal ... Read more...

Posted in Business |

Haryana to reserve 10 percent industrial plots for NRIs


January 10th, 2011 - 12:34 pm ICT by IANS
Chandigarh, Jan 10 (IANS) There's good news for NRIs wanting to invest in Haryana. The state has decided to reserve up to 10 percent of industrial plots or sheds for NRIs and ... Read more...

Posted in Business |

Travel and tourism to become second largest employer by 2019


July 21st, 2010 - 7:27 pm ICT by IANS
New Delhi, July 21 (IANS) India's growing tourism and travel industry will become the world's second largest employer with 40,037,000 people by 2019 and get capital investment worth $94.5 billion, says a ... Read more...

Posted in Business |

World’s smallest three-seat car unveiled


June 30th, 2010 - 6:43 pm ICT by ANI
Washington, June 30(ANI): World's smallest three-seat car- designed by Gordon Murray, who made quite a stir with the low-cost mini car last year- has finally been unveiled.Apart from key driving forces ... Read more...

Posted in World |

Haryana allots land to 25 projects worth Rs.3,500 crore


June 27th, 2010 - 8:09 pm ICT by IANS
Chandigarh, June 27 (IANS) The Haryana government has allotted land for 25 industrial projects which will bring in investment of over Rs.3,500 crore, an official said here Sunday. The plots have been allotted ... Read more...

Posted in Business |

Government subsidy to set up cold chain facilities


June 15th, 2010 - 9:11 pm ICT by IANS
New Delhi, June 15 (IANS) The National Horticulture Board will give capital investment subsidy of Rs.614.86 crore to 2,221 firms for creation, modernization or expansion of cold storage facilities at a rate ... Read more...

Posted in Business |

India, South Africa can jointly help develop Africa, says Zuma


June 4th, 2010 - 8:39 pm ICT by IANS
New Delhi, June 4 (IANS) India and South Africa can jointly help in the development of Africa as the next global economic destination, South African President Jacob Zuma said here Friday. "India and ... Read more...

Posted in Business |

First Quality to bring $1 billion investment and 1,000 jobs to South Carolina


May 15th, 2010 - 12:32 am ICT by BNO News
COLUMBIA, SOUTH CAROLINA (BNO NEWS) – First Quality, a producer of tissues, paper towels and other products, will bring a $1 billion in investment and create 1,000 jobs over the next decade ... Read more...

Posted in Business |

Boeing provides Blue Dart with maintenance productivity tool


May 4th, 2010 - 6:18 pm ICT by IANS
New Delhi, May 4 (IANS) Boeing would provide a software-based productivity tool for Blue Dart Aviation, India's largest and only dedicated domestic freighter airline, it was announced here Tuesday. The Maintenance Performance Toolbox, ... Read more...

Posted in Business |

Kohl’s Department Stores to create more than 1,000 jobs in San Antonio, TX


April 20th, 2010 - 10:18 pm ICT by BNO News
AUSTIN, TEXAS (BNO NEWS) – Kohl’s Department Stores will receive an investment of $750,000 through the Texas Enterprise Fund (TEF) for the creation of a customer operations center in San Antonio, Governor ... Read more...

Posted in Business |

BHEL Bhopal’s profit up by 21 percent


April 3rd, 2010 - 11:59 pm ICT by IANS
Bhopal, April 3 (IANS) Bharat Heavy Electricals Limited (BHEL) Bhopal has achieved a turnover of Rs.3,708 crore in fiscal 2009-2010 as against Rs.3,308 crore in the previous year, registering an increase of ... Read more...

Posted in Business |

ONGC to invest $20 bn on assets abroad


March 14th, 2010 - 4:52 pm ICT by IANS
Dahej (Gujarat), March 14 (IANS) India's energy behemoth, the Oil and Natural Gas Corporation (ONGC), will invest $20 billion (Rs.90,000 crore) in assets abroad over the next decade. "ONGC possessed the capacity to ... Read more...

Posted in Business |

Kentucky announces expansion of Bekaert Corporation in Shelbyville


March 11th, 2010 - 1:21 am ICT by BNO News
FRANKFORT, KENTUCKY (BNO NEWS) – Bekaert Corporation will expand its Shelbyville, Kentucky plant to creating ten new jobs with a $2 million investment, Governor Steve Beshear announced on Wednesday.Bekeart is a company ... Read more...

Posted in Business |

Fuel price hike will affect essential goods: Mayawati


February 27th, 2010 - 1:25 am ICT by IANS
Lucknow, Feb 26 (IANS) Terming the union budget as "anti-people", Uttar Pradesh Chief Minister Mayawati said Friday that the hike in prices of petrol and diesel would ultimately lead to rise in ... Read more...

Posted in Politics |

Texas to invest $1.5 million to open manufacturing facility in Wichita Falls


February 27th, 2010 - 1:15 am ICT by BNO News
WICHITA FALLS, TEXAS (BNO NEWS) – Texas will invest $1.5 million through the Texas Enterprise Fund (TEF) in Natura World for the opening of a manufacturing facility in Wichita Falls, Governor Rick ... Read more...

Posted in Business |

Texas invests $1.4 million in new Facebook office in Austin


February 26th, 2010 - 1:13 am ICT by BNO News
AUSTIN, TEXAS (BNO NEWS) – Governor Rick Perry announced Thursday that the state will invest $1.4 million through the Texas Enterprise Fund (TEF) for Facebook to create a sales and operations office ... Read more...

Posted in Technology Industry News |

Texas to invest $1 million to relocate LegalZoom to Austin


February 20th, 2010 - 1:43 am ICT by BNO News
AUSTIN, TEXAS (BNO NEWS) – Texas will invest $1 million for the relocation of some offices of LegalZoom.com from Los Angeles, California to Austin, Texas, Governor Rick Perry announced on Friday.The investment, ... Read more...

Posted in Business |

Texas to invest $1.1 million to create up to 600 jobs


February 10th, 2010 - 12:29 am ICT by BNO News
AUSTIN, TEXAS (BNO NEWS) – The state of Texas will invest $1.1 million through the Texas Enterprise Fund (TEF) in Allstate Insurance Co. in order to generate up to 600 jobs and ... Read more...

Posted in Business |

Kashmir government gets 10-year extension of tax package


February 9th, 2010 - 11:06 pm ICT by IANS
Jammu, Feb 9 (IANS) The Omar Abdullah government in Jammu and Kashmir Tuesday scored a major victory when it got another ten-year extension of the central excise package and refund on ... Read more...

Posted in Business |

Texas Gov. Perry credits Texas Film Incentive Program with creating hundreds of jobs


February 6th, 2010 - 3:58 pm ICT by BNO News
AUSTIN, TEXAS (BNO NEWS) – Governor Rick Perry credited the Texas Film Incentive Program with creating nearly 900 jobs and more than $5 million in capital investment to the state, the Governor’s ... Read more...

Posted in Entertainment |

Abu Dhabi to attract $12 bn capital investments


January 30th, 2010 - 4:44 am ICT by IANS
Abu Dhabi, Jan 30 (IANS) Abu Dhabi will attract new capital investments worth more than 45 billion dirhams (about $12 billion) over the next five years, WAM news agency said citing an ... Read more...

Posted in Business |

Iowa Governor announces new company expansions


January 22nd, 2010 - 1:57 pm ICT by BNO News
DES MOINES, IOWA (BNO NEWS) – Iowa Governor Chet Culver on Thursday announced that advanced manufacturing and technology companies are planning expansions and will result in a large amount of jobs created.Planned ... Read more...

Posted in Business |

National Mineral Development Corp public offer by fiscal-end


December 29th, 2009 - 4:29 pm ICT by IANS
Mumbai, Dec 29 (IANS) The government plans to divest 8.38 percent in state-run National Mineral Development Corp (NMDC) before the end of the fiscal, the company said Tuesday in a regulatory statement. "The ... Read more...

Posted in Business |

Divestment money to be used for capital expenditure (Lead)


December 21st, 2009 - 11:35 pm ICT by IANS
Kolkata, Dec 21 (IANS) The central government will use the proceeds from divestment of public sector undertakings in capital investment for the next three years, an official said Monday. The policy change was ... Read more...

Posted in Business |

Divestment money to be used for capital expenditure


December 21st, 2009 - 11:04 pm ICT by IANS
Kolkata, Dec 21 (IANS) The central government Monday said it will use the proceeds from divestment of public sector undertakings in capital investment for the next three years, am official ... Read more...

Posted in Business |

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