greenfield projects

Uflex assigns $250 mn for growth, eyes $2-bn revenue by 2015


September 6th, 2012 - 2:53 pm ICT by IANS
Cairo, Sep 6 (IANS) With over a quarter of a billion dollars earmarked for greenfield projects and capacity expansion over the next couple of years, home-grown flexible packaging major Uflex ... Read more...

Posted in Business |

India’s aluminium demand to grow 7-8 per cent: NALCO


August 14th, 2012 - 5:38 pm ICT by IANS
Bhubaneswar, Aug 14 (IANS) India's aluminium demand is expected to grow at 7-8 per cent annually, B.L. Bagra, chairman of the state-run National Aluminium Company (NALCO) said Tuesday."The demand in ... Read more...

Posted in Business |

Tata Steel to pursue growth in Asia and Africa


July 23rd, 2012 - 6:34 pm ICT by IANS
New Delhi, July 23 (IANS) Tata Steel is turning to Asia and Africa for growth as its European operation would stay stressed from an steep decline in demand following the ... Read more...

Posted in Business |

DS Group acquires dairy plant in Rajasthan


May 2nd, 2012 - 8:57 pm ICT by IANS
Jaipur, May 2 (IANS) Dharampal Satyapal Group (DS Group), a Rs.2,200 crore multi-diversified conglomerate Wednesday announced its strategic foray into the dairy business, with the acquisition of an existing dairy ... Read more...

Posted in Business |

Fuel shortage can hit power sector: Report


January 19th, 2012 - 9:44 pm ICT by IANS
New Delhi, Jan 19 (IANS) Low fuel availability and a rise in input prices caused by dependence on imported coal could continue to bog the Indian power sector in ... Read more...

Posted in Business |

Lumax investing Rs.150 crore on new plants, capacity


September 6th, 2011 - 5:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) Automobile lighting component manufacturer Lumax Industries Tuesday said that it will invest about Rs.150 crore to set up three new facilities by next year."We are ... Read more...

Posted in Business |

‘India-US trade at $100 bn in three years’


May 10th, 2011 - 6:33 pm ICT by IANS
New Delhi, May 10 (IANS) Trade between India and the US is expected to grow to $100 billion within two to three years while Indian companies are strengthening their presence ... Read more...

Posted in Business |

Invest in social sectors, PM urges Indian industry


March 26th, 2011 - 11:07 pm ICT by IANS
Ahmedabad, March 26 (IANS) Prime Minister Manmohan Singh Saturday urged Indian industry to invest in social sectors, pointing out there were many business opportunities in keeping a billion Indians ... Read more...

Posted in Business |

Kemrock to invest $2 bn in Gujarat for speciality polymers


January 14th, 2011 - 8:13 pm ICT by IANS
Mumbai, Jan 14 (IANS) Vadodara-based Kemrock Industries and Exports, a leading manufacturer of reinforced polymer has signed an agreement with the Gujarat government to invest $2 billion to set Greenfield projects ... Read more...

Posted in Business |

Obama Visit: Less to give, more to take?


November 6th, 2010 - 8:20 pm ICT by ANI
By Naveen KapoorNew Delhi, Nov. 6 (ANI): As President Obama and accompanying American CEOs' reached Mumbai today, it is quite evident why he chose India's financial capital as his first stop.Unlike his ... Read more...

Posted in National |

Outsourcing has created US jobs: India’s message to Obama


November 4th, 2010 - 7:55 pm ICT by IANS
New Delhi, Nov 4 (IANS) India will seek to impress upon US President Barack Obama during his Nov 6-9 visit that outsourcing has actually created thousands of jobs in the US, ... Read more...

Posted in Business |

‘Indian investors saved 65,000 jobs in US’


November 3rd, 2010 - 9:11 pm ICT by IANS
New Delhi, Nov 3 (IANS) Indians are not taking away jobs in the US, instead they have created and saved 65,000 jobs in the recent years through increased investments, an official ... Read more...

Posted in Business |

India-US trade will reach $50 billion this fiscal: Shankar


November 3rd, 2010 - 6:35 pm ICT by IANS
New Delhi, Nov 3 (IANS) Two-way trade between India and the United States is expected to reach $50 billion this fiscal, with investments moving in both directions, India's Ambassador to the ... Read more...

Posted in Business |

Britannia planning greenfield projects


August 9th, 2010 - 6:34 pm ICT by IANS
Kolkata, Aug 9 (IANS) Britannia Industries is planning one or two greenfield projects, Chairman Nusli Wadia said here Monday. "We are looking at one or two greenfield projects in the coming days," Wadia ... Read more...

Posted in Business |

Free Mahindra service camps on World Environment Day


June 5th, 2010 - 3:19 pm ICT by IANS
Mumbai, June 5 (IANS) Celebrating World Environment Day, automobile major Mahindra and Mahindra organised free service camps across the country for its vehicles Saturday, a company official said. As part of ... Read more...

Posted in Business |

Gujarat realtors to explore business in Argentina, Brazil


April 14th, 2010 - 6:10 pm ICT by IANS
Gandhinagar, April 14 (IANS) One hundred real estate developers from Gujarat will visit Argentina and Brazil in July to explore business opportunities in the two south American countries. Suresh Patel, president of Gujarat ... Read more...

Posted in Business |

India will become 2nd largest steel maker by 2012: Virbhadra Singh (Interview)


February 10th, 2010 - 1:40 pm ICT by IANS
By Arvind Padmanabhan New Delhi, Feb 10 (IANS) India will become the world's second largest steel producer by 2012, more than doubling its capacity of 57 million tonnes as part of push being ... Read more...

Posted in Business |

Tourism in India yet to realise full potential: Selja


January 29th, 2010 - 8:17 pm ICT by IANS
New Delhi, Jan 29 (IANS) Tourism in India has yet to realise its full potential and it is not the government's responsibility alone to project India as a tourist-friendly nation, Union Tourism ... Read more...

Posted in Business |

Land takeover delays may cost projects worth $100 bn: Report


October 6th, 2009 - 8:06 pm ICT by IANS
New Delhi, Oct 6 (IANS) Prolonged delays in acquiring land for industrial projects could endanger potential investments worth $100 billion in India, according to an industry lobby report. "Delays in land acquisition ... Read more...

Posted in Business |

Government approves changes in mega power policy


October 1st, 2009 - 6:22 pm ICT by IANS
New Delhi, Oct 1 (IANS) The cabinet Thursday approved amendments in the mega power policy to encourage setting up of new power plants. According to the new norms, the states that control the ... Read more...

Posted in Business |

Investors not doing enough in site areas: Orissa minister


September 23rd, 2009 - 5:37 pm ICT by IANS
Bhubaneswar, Sep 23 (IANS) With 14 greenfield projects -- accounting for a combined investment of Rs.200,653 crore -- reduced to being non-starters following land acquisition problems, the Orissa government has come down ... Read more...

Posted in Business |

Land acquisition major problem for Orissa’s mega projects (Lead)


September 17th, 2009 - 10:14 pm ICT by IANS
Bhubaneswar, Sep 17 (IANS) The Orissa government, which Thursday reviewed the progress of 14 greenfield projects underway in the state, said most of the companies setting up these projects have not completed ... Read more...

Posted in Business |

Orissa reviews progress of 14 greenfield projects


September 17th, 2009 - 6:11 pm ICT by IANS
Bhubaneswar, Sep 17 (IANS) The Orissa government Thursday held a meeting to review 14 greenfield projects underway in the state, an official said. "We reviewed the progress of 14 big projects. We had ... Read more...

Posted in Business |

Coal India allowed to import coking coal


August 27th, 2009 - 6:06 pm ICT by IANS
New Delhi, Aug 27 (IANS) The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad or overseas joint ventures. The ... Read more...

Posted in Business |

Fortis acquires 10 Wockhardt hospitals


August 24th, 2009 - 7:01 pm ICT by IANS
Indo-Asian News Service New Delhi, Aug 24 (IANS) Super-speciality hospital group Fortis has acquired 10 hospitals from Wockhardt for Rs.909 crore, the company said Monday. With this acquisition, the Delhi-based Fortis will add ... Read more...

Posted in Business |

Steel plants to soon get iron ore mining licenses


July 8th, 2009 - 9:05 pm ICT by IANS
New Delhi, July 8 (IANS) India will speed up the process of granting iron ore mining licenses to various steel companies, including South Korea's Posco, Steel Minister Virbhadra Singh said here Wednesday. "We ... Read more...

Posted in Business |

Not easy to work in India: L.N. Mittal


April 29th, 2009 - 8:43 pm ICT by IANS
By Dipankar De Sarkar London, April 29 (IANS) ArcelorMittal, the world's biggest steel manufacturing company, is finding India a difficult country to work in, its chief executive and chairman Lakshmi Niwas Mittal ... Read more...

Posted in Business |

JSW Steel to invest Rs.3,000 crore in 2009-10


April 22nd, 2009 - 5:51 pm ICT by IANS
New Delhi, April 22 (IANS) JSW Steel, one of the leading steel makers in the country, will invest Rs.3,000 crore in 2009-10 to expand its production capacity, a top official said here ... Read more...

Posted in Business |

Project delays prevent over 160,000 job creations


March 1st, 2009 - 4:30 pm ICT by IANS
New Delhi, March 1 (IANS) India has lost the opportunity of employing more than 160,000 people with 18 major steel, power and auto projects getting delayed over land acquisition and forest and ... Read more...

Posted in Uncategorized |

Sluggish demand forces us to pause: ArcelorMittal


December 3rd, 2008 - 12:25 pm ICT by ANI
By Ashwani UpadhyayNew Delhi, Dec.3 (ANI): The global economic meltdown has started to influence the expansion plans of the world''s biggest steel producer, ArcelorMittal in India.According to Vijay Kumar Bhatnagar, the ... Read more...

Posted in National |

Delays holding up industry expansion: Tata Steel chief


October 18th, 2008 - 12:30 pm ICT by IANS
Bangalore, Oct 18 (IANS) Prolonged delays in land acquisition, allotment of captive iron ore and other raw material, and inadequate infrastructure are holding up capacity expansion and execution of new Tata Steel ... Read more...

Posted in World |

Berggruen Hotels to expand operations in Morocco


September 10th, 2008 - 7:59 pm ICT by IANS
New Delhi, Sep 10 (IANS) Berggruen Hotels, operator of Keys budget hotel chain in India, has signed a joint venture agreement with Filacom Pvt Ltd in Morocco to set up three and ... Read more...

Posted in Uncategorized |

NALCO’s profit up by 17.6 percent


July 31st, 2008 - 8:37 pm ICT by IANS
Bhubaneswar, July 31 (IANS) National Aluminium Co Ltd (NALCO), India's second largest aluminum producer, Thursday announced profit after tax of Rs.5.25 billion ($125 million) for the first quarter this fiscal against Rs.4.47 ... Read more...

Posted in Business |

India Inc asks central bank for status quo on rates (Lead)


July 28th, 2008 - 8:04 pm ICT by IANS
Mumbai, July 28 (IANS) India Inc Monday asked the central bank to maintain a status quo on interest rates, a day ahead of its monetary policy review that comes against the backdrop ... Read more...

Posted in Business |

Sanjay Lalbhai’s son to join family business as employee


July 10th, 2008 - 6:06 pm ICT by IANS
Ahmedabad, July 10 (IANS) When Punit Lalbhai, the elder son of Arvind Mills Ltd chairman and managing director Sanjay Lalbhai, is inducted into the company September 1, he will be just another ... Read more...

Posted in Business |

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