investment plan

Chinese firm to invest $2 bn to expand operation in Britain


September 12th, 2012 - 1:29 pm ICT by IANS
London, Sep 12 (IANS) China's telecom equipment giant Huawei Technologies has announced that it planned to invest 1.3 billion British pounds ($2 billion) to expand its operation in Britain ... Read more...

Posted in Business |

Argentine oil firm looks to attract investors


August 31st, 2012 - 1:26 pm ICT by IANS
Buenos Aires, Aug 31 (IANS/EFE) The CEO of Argentine state-run oil firm YPF has expressed confidence in the company's future and urged multinational corporations to come on board as partners ... Read more...

Posted in Business |

ITC trying to ‘fast forward’ Rs.25,000 crore investment plan


July 27th, 2012 - 10:46 pm ICT by IANS
Kolkata, July 27 (IANS) In spite of a slowdown in India's economic growth and low business sentiment, cigarette-to-hotel conglomerate ITC Ltd Friday said it is trying to "fast forward" its ... Read more...

Posted in Business |

Hero to merge investment arm with self, invest Rs.2,575 crore


June 4th, 2012 - 9:08 pm ICT by IANS
New Delhi, June 4 (IANS) Hero MotoCorp, the world's largest two-wheeler maker, Monday said it would merge with itself Hero Investments, the investment arm of the parent firm, and set ... Read more...

Posted in Business |

Bangladeshi firm to set up agro-processing plants in Tripura


May 24th, 2012 - 6:58 pm ICT by IANS
Agartala, May 24 (IANS) The PRAN Group of Bangladesh will set up agro-processing plants in Tripura with an investment of $5 million, an official said here Thursday. The project is ... Read more...

Posted in South Asia |

Tamil Nadu to ink more investment agreements: Jayalalithaa


April 18th, 2012 - 6:17 pm ICT by IANS
Chennai, April 18 (IANS) The Tamil Nadu government will sign investment agreements with several automobile and auto component makers and come out with a series of industry-specific policies soon, Chief ... Read more...

Posted in Business |

Cisco to invest $545 mn in Brazil


April 4th, 2012 - 12:54 pm ICT by IANS
Rio de Janeiro, April 4 (IANS/EFE) US-based Cisco Systems, the world's largest maker of networking equipment, said it planned to invest 1 billion reais (about $545 million) in Brazil over ... Read more...

Posted in Uncategorized |

Not bidding for 2020 Olympics was the right decision: Pietro Mennea


February 16th, 2012 - 9:50 pm ICT by IANS
Milan, Feb 16 (IANS) Italian Prime Minister Mario Monti's cabinet not backing Rome's bid for the 2020 Olympics was a right decision, feels the country's former Olympic champion Pietro Mennea.According ... Read more...

Posted in Sports |

Coca-Cola plans to invest $1 bn in Mexico in 2012


January 30th, 2012 - 11:29 am ICT by IANS
Davos, Jan 30 (IANS/EFE) The Coca-Cola Co. plans to invest $1 billion in its operations in Mexico this year as part of a $5 billion long-term investment plan, CEO Muhtar ... Read more...

Posted in Business |

Taking steps to curb fake notes: Pranab


January 7th, 2012 - 11:20 pm ICT by IANS
Bhopal, Jan 7 (IANS) The government is enhancing security features in notes to help curb counterfeit currency, Finance Minister Pranab Mukherjee said Saturday."The reforms related to security features will ... Read more...

Posted in Uncategorized |

Temporary problems with allies will be overcome: PM (Second Lead)


January 7th, 2012 - 12:08 am ICT by IANS
New Delhi, Jan 6 (IANS) As tensions escalated between the UPA and key alliance partner Trinamool Congress, Prime Minister Manmohan Singh Friday tried to soothe the frayed ties, saying ... Read more...

Posted in Politics |

Temporary problems with allies will be overcome: PM (Lead)


January 6th, 2012 - 11:08 pm ICT by IANS
New Delhi, Jan 6 (IANS) With tensions escalating with ruling UPA's key alliance partner Trinamool Congress, Prime Minister Manmohan Singh Friday hoped that "temporary problems" with allies will be ... Read more...

Posted in Uncategorized |

HPL’s revival only after resolving shareholding dispute: Godrej


November 15th, 2011 - 11:34 pm ICT by IANS
Kolkata, Nov 15 (IANS) India's second largest polyethylene maker, Haldia Petrochemicals (HPL), which is currently facing a severe financial crisis, can be revived only if the promoters resolve the ongoing ... Read more...

Posted in Business |

Brazilian oil giant to invest $11 bn in Mexico


August 1st, 2011 - 11:24 am ICT by IANS
Veracruz (Mexico), Aug 1 (IANS/EFE) Petroleo Brasileiro, or Petrobras, plans to invest $11 billion in oil exploration, production and refining projects in Mexico between now and 2015, an official said.Veracruz ... Read more...

Posted in Business |

Brazilian firm approves $225 bn investment plan through 2015


July 24th, 2011 - 12:26 pm ICT by IANS
Rio de Janeiro, July 24 (IANS/EFE) Brazilian state-controlled energy giant Petrobras has approved $224.7 billion in investment outlays for the 2011-15 period.The majority - $127.5 billion - will be allocated ... Read more...

Posted in Business |

Private equity firm Apollo to invest Rs.2,250 crore in Welspun group firms


June 29th, 2011 - 1:33 pm ICT by IANS
Mumbai, June 29 (IANS) One of the world's leading private equity firms, Apollo Global Management will infuse about Rs.2,250 crore in Welspun Corp Limited (WCL), a leading pipe manufacturer and ... Read more...

Posted in Business |

Haldia Petrochemicals outlines Rs.4,000 crore investment plan


May 30th, 2011 - 11:44 pm ICT by IANS
Kolkata, May 30 (IANS) Haldia Petrochemicals Ltd (HPL) has outlined an ambitious plan of investing Rs.4,000 crore within the next four years, its vice chairman Purnendu Chatterjee said Monday."Investment will ... Read more...

Posted in Business |

Solar power systems to power cell phone towers


May 10th, 2011 - 11:48 pm ICT by IANS
Chennai, May 10 (IANS) Bangalore based Indo-Chinese joint venture ALTA-XinTong Solar Tech Pvt Ltd is in the process of finalising a deal to sell 2,000 solar systems to power mobile ... Read more...

Posted in Sci-Tech |

Asian Games stayed within budget: Guangzhou finance chief


March 4th, 2011 - 3:36 pm ICT by ANI
Guangzhou, Mar4 (ANI): Asserting that the investment for the 2010 Asian Games was within budget, Zhang Jieming, head of the financial bureau of Guangzhou, has said that the city's budget for the ... Read more...

Posted in Sports |

U.S. Department of Transportation to get $128 billion budget for 2012


February 15th, 2011 - 5:19 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) -- The U.S. Department of Transportation Secretary Ray LaHood on Monday said that the department will get a $128 billion budget for 2012 for restoring the country's economic ... Read more...

Posted in World News |

US to build $53 bn high-speed rail network


February 9th, 2011 - 6:52 am ICT by IANS
Washington, Feb 9 (IANS) The US will build a high-speed rail network worth $53 billion as part of a new investment plan for the infrastructure sector unveiled by Vice President Joe ... Read more...

Posted in Business |

Vibgyor Vehicles to export two-wheelers to Africa, Nepal


December 21st, 2010 - 8:38 pm ICT by IANS
Kolkata, Dec 21 (IANS) Two-wheelers maker Vibgyor Vehicles plans to enter Nepal and African markets by March 2011, a top official of the company said here Tuesday."We have plans to export our ... Read more...

Posted in Business |

Paharpur Cooling to expand real estate business


November 25th, 2010 - 12:49 am ICT by IANS
Kolkata, Nov 24 (IANS) Kolkata-based Paharpur Cooling Towers Limited, with a turnover exceeding Rs.1,000 crore, has formed a special purpose vehicle (SPV) with a Mauritius-based private equity fund Pragnya Fund-I to execute ... Read more...

Posted in Business |

Wynncom sponsors ‘Straight Drive’ for cricket series


August 10th, 2010 - 7:30 pm ICT by IANS
New Delhi, Aug 10 (IANS) Wynn Telecom, the new handset player in the market, is sponsoring the studio show "Straight Drive" for the ongoing triangular cricket series between India, Sri Lanka ... Read more...

Posted in Business |

CESC to foray into solar power generation


July 23rd, 2010 - 11:56 pm ICT by IANS
Kolkata, July 23 (IANS) Power utility CESC Ltd is expanding into solar power generation with an investment plan of Rs.2,000 crore over the next five years, company vice chairman Sanjeev Goenka said ... Read more...

Posted in Business |

Centre would try to bring consensus on Bt Brinjal: Jairam Ramesh


January 29th, 2010 - 9:11 pm ICT by ANI
Chandigarh, Jan 28 (ANI): Union Minister of state for Environment and Forests Jairam Ramesh informed here on Friday that before taking a final decision on Bt Brinjal, his Ministry would try to ... Read more...

Posted in National |

PepsiCo’s Indra Nooyi says she is old fashioned


January 29th, 2010 - 1:02 pm ICT by IANS
Davos, Jan 29 (IANS) Her company's products target the youth, she loves chips and cereals and is a relatively young professional at the helm of one of the larger US corporations. But ... Read more...

Posted in Business |

Lots of oil and gas in Colombia, but few buyers


January 20th, 2010 - 6:37 am ICT by IANS
Bogota, Jan 20 (IANS/EFE) Colombia has large deposits of oil and gas but very few buyers, the country's energy minister said while announcing a $10-billion investment plan in the sector this year. Energy ... Read more...

Posted in Business |

Future Generali Life to infuse Rs.150 crore additional capital


January 12th, 2010 - 9:51 pm ICT by IANS
Chennai/Kolkata, Jan 12 (IANS) Private life insurer Future Generali Life Insurance, which has an equity base of Rs.667 crore, plans to infuse another Rs.150 crore by March and partner with a sister ... Read more...

Posted in Business |

China’s 2009 revenue to cross $1 trillion


January 10th, 2010 - 10:23 pm ICT by IANS
Beijing, Jan 10 (IANS) China's fiscal revenue for the year 2009 was estimated at 6.85 trillion yuan (just over $1 trillion), an increase of 11.7 percent over the previous year, Finance Minister ... Read more...

Posted in Business |

Rs.10 trillion investment in food processing by 2015: Sahay


January 8th, 2010 - 8:18 pm ICT by IANS
Kolkata, Jan 8 (IANS) The central government plans an investment of Rs.1 lakh crore (Rs.10 trillion), including from the private sector, in the food processing sector by 2015, union Food Processing Minister ... Read more...

Posted in Business |

Bolivia asks Jindal to honour $2.1 bn investment pledge


December 31st, 2009 - 5:00 am ICT by IANS
La Paz, Dec 31 (IANS/EFE) Bolivia has called on India's Jindal Steel and Power Limited to honour its pledge to invest $2.1 billion in an iron ore joint venture project in the ... Read more...

Posted in Business |

Bharti Airtel moves to close deal with Dhaka telecom firm


December 30th, 2009 - 2:58 pm ICT by IANS
Dhaka, Dec 30 (IANS) Indian telecom firm Bharti Airtel is close to acquiring a majority stake in the Bangladesh operations of Warid Telecom, with officials of both companies meeting key officials to ... Read more...

Posted in Business |

Oil blockade hits crude oil, natural gas production in Assam


December 24th, 2009 - 1:37 pm ICT by IANS
Guwahati, Dec 24 (IANS) Crude oil and natural gas production by India's premier oil exploration firm Oil and Natural Gas Corporation (ONGC) has been hit in Assam following a 96-hour oil blockade ... Read more...

Posted in Business |

Brattle Foods to invest Rs.8 bn in Punjab


December 22nd, 2009 - 9:02 pm ICT by IANS
Chandigarh, Dec 22 (IANS) Punjab Chief Minister Parkash Singh Badal Tuesday approved the investment plan of Brattle Foods Limited, giving them a green signal to set up three mega units in the ... Read more...

Posted in Business |

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