initial investment

Air Kerala will start with flights to Middle East: Chandy


September 14th, 2012 - 3:57 pm ICT by IANS
Kochi, Sep 14 (IANS) Air Kerala, the state government's proposed airline, would start operations with five leased aircraft flying to the Middle East, Chief Minister Oommen Chandy said here ... Read more...

Posted in Business |

50 Cent sues headphone company


September 1st, 2012 - 4:22 pm ICT by IANS
Los Angeles, Sep 1 (IANS) Singer 50 Cent has filed a lawsuit against the bosses of a headphone company for failing to pay back his initial investment in a planned ... Read more...

Posted in Entertainment |

Bharti Airtel buys 49 percent of Qualcomm’s India business


May 24th, 2012 - 9:13 pm ICT by IANS
New Delhi, May 24 (IANS) India's leading telecom service provider Bharti Airtel has acquired 49 percent stake in US-based chipmaker Qualcomm's broadband wireless access (BWA) entities in India, investing almost ... Read more...

Posted in Business |

Daiwik Hotels to launch five hotels in pilgrimage centres


May 22nd, 2012 - 6:25 pm ICT by IANS
Kolkata, May 22 (IANS) Kolkata-based Daiwik Hotels is planning to launch five hotels in key pilgrimage centres across India with an initial investment of Rs.180 crore in the next 30 ... Read more...

Posted in Business |

TVS Logistics gets $53 million equity funding


April 19th, 2012 - 6:19 pm ICT by IANS
Chennai, April 19 (IANS) Logistics major TVS Logistics Services Ltd Thursday announced that an agreement with an affiliate of Kohlberg Kravis Roberts & Co LP (KKR) and Goldman Sachs has ... Read more...

Posted in Business |

Indorama to invest Rs.1,000 crore in Himachal project


April 3rd, 2012 - 6:24 pm ICT by IANS
Chandigarh, April 3 (IANS) Indorama Industries, which claims to be the largest producer of polyester in the world, Tuesday said that it is investing Rs.1,000 crore at its new plant ... Read more...

Posted in Business |

ASI to excavates ruins near Vikramshila University


March 21st, 2012 - 6:04 pm ICT by IANS
Patna, March 21 (IANS) The Archaeological Survey of India (ASI) plans to take up conservation work of the ruins of Vikramshila University in Bihar and excavate nearby areas in ... Read more...

Posted in Life Style |

NourishCo hopes for Rs.700 crore business


February 10th, 2012 - 1:25 am ICT by IANS
Chennai, Feb 9 (IANS) NourishCo Beverages Ltd, an equal joint venture between Tata Beverages and PepsiCo, is looking at a business of Rs.700 crore over the next five years by ... Read more...

Posted in Business |

Like Nalanda, Vikramshila may rise from ruins


January 24th, 2012 - 4:05 pm ICT by IANS
Antichak (Bihar), Jan 24 (IANS) It was among the most important centres of Buddhist learning in ancient India, but the remains of Vikramshila University in Bihar have been sadly neglected ... Read more...

Posted in Life Style |

Indo-China trade to reach $100 bn by 2015: Sharma


November 3rd, 2011 - 10:57 pm ICT by IANS
New Delhi, Nov 3 (IANS) The government Thursday said that bilateral trade between India and China would reach $100 billion by 2015.Commerce, Industry and Textiles Minister Anand Sharma, who is ... Read more...

Posted in Uncategorized |

Bengal favours credit cards for MSMEs


September 14th, 2011 - 5:37 pm ICT by IANS
Kolkata, Sep 14 (IANS) The West Bengal government is mulling the introduction of credit cards on the lines of the Kisan Credit Card (KCC) for micro, small and medium enterprises ... Read more...

Posted in Business |

Plan to build electric motorcycles in Brazil


August 9th, 2011 - 11:55 am ICT by IANS
Rio de Janeiro, Aug 9 (IANS/EFE) Brazilian utility Light has announced that it acquired an interest in the plant that China's Zongshen group is building in Brazil to produce electric ... Read more...

Posted in Uncategorized |

India’s oil contracts will be honoured: South Sudan


April 28th, 2011 - 7:19 pm ICT by IANS
New Delhi, April 28 (IANS) The newly-created north African country of South Sudan has assured India it be honouring all its contracts for stakes in oil wells with Indian entities ... Read more...

Posted in Business |

Berbatov could be leaving Man U for Seville


April 21st, 2011 - 5:40 pm ICT by ANI
London, Apr 21(ANI): Manchester United striker Dimitar Berbatov could possibly move to Spanish club Sevilla in a cut-price 12 million pound deal.According to the Sun, Berbatov's contract will run out next ... Read more...

Posted in Sports |

Dodsal, AEM to set up $150 mn manufacturing plant in India


April 13th, 2011 - 4:15 pm ICT by IANS
New Delhi, April 13 (IANS) Dubai-based infrastructure development firm Dodsal and Russia's heavy equipment engineering company Atomenergomash (AEM) have agreed to set up a manufacturing unit in India with an ... Read more...

Posted in Business |

Volkswagen granted non-banking finance licence


March 28th, 2011 - 7:15 pm ICT by IANS
New Delhi, March 28 (IANS) Global automobile major Volkswagen's Indian finance subsidiary Monday said that it has been granted non-banking finance company (NBFC) licence by the Reserve Bank of India ... Read more...

Posted in Business |

ITC safeguards Nepal operations with new plant


January 27th, 2011 - 2:27 pm ICT by IANS
Kathmandu, Jan 27 (IANS) As Nepal's southern plains, where the factories of most major Indian joint ventures are located, continue to be racked by violence and strikes, Indian tobacco major ITC Ltd ... Read more...

Posted in Business |

CG Foods to invest Rs.100 crore in India, eyes acquisitions


January 11th, 2011 - 7:25 pm ICT by IANS
New Delhi, Jan 11 (IANS) CG Foods, a unit of Singapore-based Cinnovation Group, said Tuesday it will invest Rs.100 crore in India during the next three years to expand its manufacturing capacity ... Read more...

Posted in Business |

Everonn Education to appoint 1,000 franchisees


December 9th, 2010 - 10:21 pm ICT by IANS
Chennai, Dec 9 (IANS) Everonn Education Limited (EEL), a city-based education service provider with a Rs.293 crore annual revenue, plans to appoint around 1,000 franchisees across the country in the next three ... Read more...

Posted in Business |

US energy firm to invest $2.4 bn for solar power plants


October 8th, 2010 - 4:08 pm ICT by IANS
New Delhi, Oct 8 (IANS) US-based energy firm Bergamo Acquisition Corp Friday said it has entered into a joint venture with an Indian company to construct six solar thermal power plants of ... Read more...

Posted in Business |

Graphite India to expand Durgapur plant capacity


May 13th, 2010 - 8:55 pm ICT by IANS
Kolkata, May 13 (IANS) Graphite electrodes manufacturer Graphite India Ltd (GIL) will expand the capacity of its Durgapur plant in West Bengal to 20,000 tonnes per annum within the third quarter (October-December) ... Read more...

Posted in Business |

Apollo, Cisco tie up for cost-effective telemedicine


May 7th, 2010 - 8:31 pm ICT by IANS
New Delhi, May 7 (IANS) Leading private healthcare provider Apollo Hospitals has allied with networking company Cisco to provide cost-effective telemedicine solutions to patients in remote areas. "The latest technology provided by ... Read more...

Posted in Health |

Himachal demands more power from central pool


April 28th, 2010 - 10:09 pm ICT by IANS
New Delhi, April 28 (IANS) Himachal Pradesh Chief Minister Prem Kumar Dhumal Wednesday requested the central government to enhance his state's power quota from the central pool as it is facing power ... Read more...

Posted in Business |

Bangladesh to get three new luxury hotels


March 9th, 2010 - 2:34 pm ICT by IANS
Dhaka, March 9 (IANS) Bangladesh's Unique Group, which owns Westin Dhaka, has signed a deal with Starwood Hotels and Resorts to set up two more five-star hotels in Dhaka and a third ... Read more...

Posted in Business |

Finance minister can approve bigger foreign direct investments now


February 11th, 2010 - 2:43 pm ICT by IANS
New Delhi, Feb 11 (IANS) The finance minister can now approve foreign direct investment (FDI) proposals up to Rs.1,200 crore (Rs.12 billion/$), and only bigger proposals will have to go to ... 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 |

Dhaka telecom regulator okays Bharti Airtel’s entry


January 5th, 2010 - 12:30 pm ICT by IANS
Dhaka, Jan 5 (IANS) Bangladesh's telecom regulator has approved Indian firm Bharti Airtel's $300 million initial investment proposal to buy a 70 percent stake in Warid, the fourth largest mobile company in ... Read more...

Posted in Business |

Efforts to keep Ganga clean


December 19th, 2009 - 3:49 pm ICT by ANI
New Delhi, Dec 19 (ANI) : Varanasi District administration on Saturdayinvoked section 144 of Criminal Procedure Code on the banks of the River Ganga to keep it clean.Sub divisional magistrate, Atal Rai, ... Read more...

Posted in National |

US fitness chain opens nine centres in India


December 8th, 2009 - 9:38 pm ICT by IANS
New Delhi, Dec 8 (IANS) Global wellness chain Anytime Fitness Tuesday announced the launch of its operations in India with an initial investment of $11 million, targeting nine cities across the country ... Read more...

Posted in Business |

India to borrow one billion dollars from World Bank to clean up Ganges


December 3rd, 2009 - 5:08 pm ICT by ANI
New Delhi, Dec.3 (ANI): India is expected to receive a World Bank loan of a billion dollars for cleaning and conserving the River Ganga.Minister of State for Environment Jairam Ramesh revealed this ... Read more...

Posted in National |

Award-winning laser-powered robotic climber paves way for ’space elevator’


November 7th, 2009 - 12:28 pm ICT by ANI
London, November 7 (ANI): A laser-powered robotic climber has won 900,000 dollars NASA prize in a competition designed to spur technology for a future elevator to space.Building a space elevator would require ... Read more...

Posted in Health Science |

India to set up centre to study climate, environment


October 18th, 2009 - 8:05 pm ICT by IANS
Bangalore, Oct 18 (IANS) The Indian Space Research Organisation (ISRO) and the union forest and environment ministry will jointly set up a national institute here to study climate and environment soon, ... Read more...

Posted in Environment |

Repco Infra eyes Rs.100-crore projects in Tamil Nadu


October 3rd, 2009 - 6:57 pm ICT by IANS
Chennai, Oct 3 (IANS) City-based Repco Infrastructure Development Co is in talks with the Tamil Nadu government to develop vacant land on build-operate-transfer (BOT) basis. "We are discussing various BOT projects with the ... Read more...

Posted in Business |

ONGC gets nod for investment in Vietnamese oil block


October 1st, 2009 - 5:28 pm ICT by IANS
New Delhi, Oct 1 (IANS) The overseas investment arm of state-run Oil and Natural Gas Corp (ONGC) has secured the government's nod for an additional investment of $149.46 million in a ... Read more...

Posted in Business |

Zardari urges Chinese entrepreneurs to invest in Pakistan


August 23rd, 2009 - 6:40 am ICT by IANS
Hangzhou (China), Aug 23 (Xinhua) Visiting Pakistani President Asif Ali Zardari has urged Chinese entrepreneurs to set up business ventures in that country in a bid to boost foreign investment. Zardari made the ... Read more...

Posted in Business |

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