investment corporation

Single agency proposed for Bhiwadi’s development


September 19th, 2012 - 7:48 pm ICT by IANS
Bhiwadi (Rajasthan), Sep 19 (IANS) Rajasthan will consider a single nodal agency to oversee industrial development in this key town, as it goes for the next phase of expansion by ... Read more...

Posted in Business |

Rajasthan’s textiles push with nine dedicated parks


September 2nd, 2012 - 1:19 pm ICT by IANS
Jaipur, Sep 2 (IANS) The central government has approved nine textile parks worth Rs.1,500 crore in Rajasthan, and an additional grant of Rs.400 crore to promote this industry in the ... Read more...

Posted in Business |

Return Rs.17,400 crore to investors, Surpeme Court tells Sahara (Second Lead)


August 31st, 2012 - 10:06 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Supreme Court Friday directed the Sahara group's real estate companies to return with 15 percent interest the over Rs.17,000 crore ($3.5 billion) it had ... Read more...

Posted in Business |

Filipinos explore business with Rajasthan stone industry


August 25th, 2012 - 8:59 pm ICT by IANS
Jaipur, Aug 25 (IANS) A business delegation from the Philippines visited the Rajasthan State Industrial Development and Investment Corporation (RIICO), exploring tie-ups with the state's stone and ceramics industry.The 28-member ... Read more...

Posted in World |

Industrialist Madhu Koneru gets bail in Emaar case


April 27th, 2012 - 9:10 pm ICT by IANS
Hyderabad, April 27 (IANS) Industrialist Madhu Koneru, an accused in the Emaar APIIC township case, appeared Friday before the special Central Bureau of Investigation (CBI) court, which granted him ... Read more...

Posted in Uncategorized |

Rajasthan’s single window law facilitates investment: Minister


March 28th, 2012 - 11:05 pm ICT by IANS
Jaipur, March 28 (IANS) Rajasthan Industries Minister Rajendra Pareek Wednesday said the state government's single window act had facilitated investment in the state, which had emerged as one of the ... Read more...

Posted in Business |

Six injured in clash between locals and cops in Bikaner


March 19th, 2012 - 10:09 pm ICT by IANS
Jaipur, March 19 (IANS) At least six policemen and officials of Rajasthan State Industrial Development and Investment Corporation (RIICO) were injured when residents of a colony pelted stones at them ... Read more...

Posted in Uncategorized |

Rajasthan steps forward to woo Japanese investors


December 23rd, 2011 - 11:17 pm ICT by IANS
New Delhi, Dec 23 (IANS) Rajasthan is wooing Japanese firms in a big way by assuring all possible help in smooth running of their business in the state, an official ... Read more...

Posted in Business |

Stones more versatile as building materials: Experts


December 16th, 2011 - 8:21 pm ICT by IANS
Jaipur, Dec 16 (IANS) Experts at the concluding session of a two-day global seminar on stone technology Friday called upon all those engaged in construction business to use more of ... Read more...

Posted in Business |

UNIDO announces programme for stone industry in Rajasthan


December 15th, 2011 - 5:30 pm ICT by IANS
Jaipur, Dec 15 (IANS) The United Nations Industrial Development Organization (UNIDO) Thursday proposed an ambitious project for technology modernisation programme for Rajasthan's stone industry and strengthening of the stone testing ... Read more...

Posted in Business |

Rajasthan plans more country-specific industrial zones


October 24th, 2011 - 5:27 pm ICT by IANS
Jaipur, Oct 24 (IANS) Rajasthan's industrial development and industrial agency plans to develop country-specific zones of the kind that exists for the Japanese in Alwar district's Neemrana town."Three-four countries, including ... Read more...

Posted in Business |

Top officials transferred in Tamil Nadu


May 17th, 2011 - 1:04 am ICT by IANS
Chennai, May 16 (IANS) On its first day in office, Tamil Nadu's J. Jayalalithaa-led AIADMK government Monday transferred nine top bureaucrats and two police officers.The government appointed Debendranath Sarangi as ... Read more...

Posted in Politics |

Bangladesh floats $682 million mutual fund


May 5th, 2011 - 12:41 pm ICT by IANS
Dhaka, May 5 (IANS) The Bangladesh Fund, an open-ended mutual fund worth $682.5 million, came into operation Thursday with regulator Securities and Exchange Commission (SEC) approving its registered trust deed ... Read more...

Posted in Uncategorized |

Banker Kamath to succeed Narayana Murthy at Infosys (Roundup)


May 1st, 2011 - 3:52 am ICT by IANS
Bangalore, April 30 (IANS) High profile banker K.V. Kamath will be the new chairman of India's IT bellwether Infosys, becoming the first non-founder to head the country's second largest software ... Read more...

Posted in Business |

Systemic failure blamed for Bangladesh share market crisis


April 7th, 2011 - 8:43 pm ICT by IANS
Dhaka, April 7 (IANS) A probe committee said Thursday that systemic failure has allowed massive manipulation of the stock exchanges in Bangladesh, and also dismissed the view that political ... Read more...

Posted in Business |

Hero Group arranges funds to acquire Hero Honda stakes


March 8th, 2011 - 5:11 pm ICT by IANS
New Delhi/Mumbai, March 8 (IANS) Indian conglomerate Hero Group Tuesday said it has arranged the required finance to acquire the 26 percent stake of Honda Motor of Japan in their ... Read more...

Posted in Business |

Taiwanese delegation excited by opportunities in Rajasthan


February 26th, 2011 - 6:58 pm ICT by IANS
Neemrana (Rajasthan), Feb 26 (IANS) A high-level Taiwanese delegation, led by its Deputy Minister, Council for Economic Planning and Development, Dr. Gee San, visited Neemrana in Alwar district of Rajasthan for exploring ... Read more...

Posted in Business |

Nippon to set up steel tube components project in Rajasthan


October 14th, 2010 - 7:42 pm ICT by IANS
Jaipur, Oct 14 (IANS) Nippon Pipe India Private Limited, part the Japan-based Nippon group, will set up a Rs.190 crore steel tube components project for the automobile industry in the Japanese zone ... Read more...

Posted in Business |

Heathrow Airport is a ’second tier’ hub in absence of third runway, says BAA chairman


September 27th, 2010 - 5:42 pm ICT by ANI
London, Sept 27 (ANI): BBA Chairman, Sir Nigel Rudd, has admitted for the first time that Heathrow has become a "second tier" world airport following the Government's decision not to grant a ... Read more...

Posted in World |

Tamilnadu Industrial Investment Corp to wipe out losses in two years


September 16th, 2010 - 9:47 pm ICT by IANS
Chennai, Sep 16 (IANS) State-owned lender for micro, small and medium enterprises, Tamilnadu Industrial Investment Corporation Limited (TIIC), plans to wipe out losses in about two years and is hoping to ... Read more...

Posted in Business |

New greenfield airport in Rajasthan


September 14th, 2010 - 12:14 am ICT by IANS
Jaipur, Sep 13 (IANS) Rajasthan will get a new greenfield airport at Neemrana in Alwar district, state Industries Minister Rajendra Pareek said here Monday. "The decision was taken on the occasion of the ... Read more...

Posted in Business |

Rs.1,500-crore cement plant to be set up in Nagaur


September 7th, 2010 - 8:41 pm ICT by IANS
Jaipur, Sep 7 (IANS) The Rajasthan State Industrial Development and Investment Corporation (RIICO) and Ambuja Cement Limited (ACL) Tuesday signed a memorandum of understanding (MOU) to set up a Rs.1,500-crore cement plant ... Read more...

Posted in Business |

Accor, Interglobe launch investment fund in India


July 21st, 2010 - 9:38 pm ICT by IANS
New Delhi, July 21 (IANS) Europe's largest hotelier Accor and its local partner travel corporation Interglobe Wednesday announced the setting up of an investment fund to further expand their business in ... Read more...

Posted in Business |

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 |

AFWWA website to address employment needs of IAF eves


May 9th, 2010 - 6:23 pm ICT by ANI
New Delhi, May 9 (ANI): Air Force Wives Welfare Association (AFWWA) President Madhubaala Naik, who inaugurated website www.afwwaservices.co.in for providing employment to the wives and widows of Indian Air Force (IAF) personnel, ... Read more...

Posted in National |

Power cuts? Here comes loan mela for gensets


April 10th, 2010 - 11:31 am ICT by IANS
Chennai, April 10 (IANS) It's a loan mela to encourage small time industrial units in Tiruchirapalli to buy gensets, plagued as they are by long power cuts. It's the BHEL Small and ... Read more...

Posted in Business |

China starts work on n-power plant project


December 29th, 2009 - 2:52 am ICT by IANS
Ji'nan (China), Dec 29 (IANS) China Monday launched the first phase of a nuclear power plant project in the country's eastern Shandong province, an official said. Eight nuclear power units with pressurised-water reactors ... Read more...

Posted in Sci-Tech |

Probe against me Mayawati’s vendetta: Congress MP


November 15th, 2009 - 11:00 pm ICT by IANS
Lucknow, Nov 15 (IANS) Congress parliamentarian P.L.Punia Sunday charged Uttar Pradesh Chief Minister Mayawati with misusing her official position to set up probe against him and aid it was a "political vendetta" ... Read more...

Posted in Politics |

Mayawati’s former aide under scanner


November 7th, 2009 - 1:03 am ICT by IANS
Lucknow, Nov 6 (IANS) Uttar Pradesh Chief Minister Mayawati's one-time close aide P.L. Punia, who is now a Congress MP, has landed in the economic offences net in a 20-year-old scam. In a ... Read more...

Posted in Politics |

ONGC plans Integrated Offshore Processing unit in Eastern Coast


August 1st, 2008 - 8:17 pm ICT by ANI
By Juhan SamuelHyderabad, August 1 (ANI): To expedite development of its Oil and Gas finds off the coast of Andhra Pradesh, oil major Oil and Natural Gas Corporation Limited (ONGC) has ... Read more...

Posted in Entertainment |

Massive investments lined up for Rajasthan


June 24th, 2008 - 8:46 pm ICT by IANS
New Delhi, June 24 (IANS) With over 312 new industrial areas, of which 100 fall on the proposed Delhi-Mumbai freight corridor, the Rajasthan government has been able to attract investments over Rs.1.58 ... Read more...

Posted in Business |

GSFC announces voluntary retirement scheme


May 21st, 2008 - 9:47 pm ICT by admin
Ahmedabad, May 21 (IANS) The ailing Gujarat State Financial Corporation (GSFC) Wednesday announced a voluntary retirement scheme for its 400-odd employees to "reduce the work force and curtail expenses". The scheme, effective ... Read more...

Posted in Business |

Otsuka Chemical launches new pharma plant in Rajasthan


May 17th, 2008 - 12:31 am ICT by admin
Jaipur, May 16 (IANS) Japan's Otsuka Chemical Friday announced the commencement of its Rs.1.5 billion pharma-based chemical unit manufacturing facility near here. After the inauguration, Hiroyishi Tosa, managing director of the company, ... Read more...

Posted in Business |

Singapore investors fear recession to spread


April 21st, 2008 - 2:47 pm ICT by admin
DPA Singapore, April 21 (DPA) The spread of the financial contagion beyond the United States has increased the likelihood of a global financial crisis and recession, an investment expert said Monday. "We could ... Read more...

Posted in Business |

Tamil Nadu firm to disburse Rs.12 billion loans


April 4th, 2008 - 2:51 pm ICT by admin
Chennai, April 4 (IANS) The Tamil Nadu Power Finance and Infrastructure Development Corporation Limited (Power Finance) has set target of loan disbursal of Rs.12 billion this fiscal. The Tamil Nadu government-owned non-banking ... Read more...

Posted in Business |

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