investment proposal

India approves Walt Disney’s Rs.1,000 crore investment


August 23rd, 2012 - 9:18 pm ICT by IANS
New Delhi, Aug 23 (IANS) The Indian government Thursday said it has approved US-based Walt Disney's Rs.1,000 crore investment proposal in broadcasting business in India.Based on the recommendations of the ... Read more...

Posted in Business |

Krishna’s visit: India, Pakistan to spur cross-border trade


August 14th, 2012 - 8:10 pm ICT by IANS
New Delhi, Aug 14 (IANS) India and Pakistan are expected to spur some new confidence-building measures to accelerate cross-border trade and are likely sign an accord for liberalising the visa ... Read more...

Posted in South Asia |

Goa looks for eco-friendly, sound proposals at investors’ meet


June 28th, 2012 - 6:22 pm ICT by IANS
Panaji, June 28 (IANS) Gearing up for the first state-endorsed investors' meet to be hosted here Saturday, Chief Minister Manohar Parrikar said that a sound, environment friendly investment proposal could ... Read more...

Posted in Business |

Asia’s largest aerospace hub near Bangalore soon


June 4th, 2012 - 8:29 pm ICT by IANS
Bangalore, June 4 (IANS) Leading infrastructure developer Sun Forest City Ventures Ltd. will build one of Asia's largest hubs for the aerospace industry near Bangalore with an upfront investment of ... Read more...

Posted in Uncategorized |

Mega investment in Madhya Pradesh copper mine approved


September 30th, 2011 - 6:52 pm ICT by IANS
New Delhi, Sep 30 (IANS) The government Friday approved an investment of Rs.1,856.36 crore to develop an underground copper ore mine in Malanjkhand area of Madhya Pradesh."The cabinet committee on ... Read more...

Posted in Business |

Vardhman to set up another facility in Himachal


September 10th, 2011 - 3:17 pm ICT by IANS
Shimla, Sep 10 (IANS) Textile major Vardhman group will set up its second facility in Baddi industrial area of Himachal Pradesh, an official said here Saturday."The government Friday cleared ... Read more...

Posted in Business |

India okays 18 FDI proposals


August 17th, 2011 - 6:41 pm ICT by IANS
New Delhi, Aug 17 (IANS) The government Wednesday said it has approved 18 foreign direct investment (FDI) proposals worth Rs.122.79 crore but deferred 16 proposals, including the sale of stake ... Read more...

Posted in Business |

Hyundai proposes Rs.1,500 crore investment in Tamil Nadu


January 21st, 2011 - 6:06 pm ICT by IANS
Chennai, Jan 21 (IANS) South Korean automobile group Hyundai has submitted a Rs.1,500 crore fresh investment proposal to the Tamil Nadu government and a Memorandum of Understanding (MoU) will soon be signed, ... Read more...

Posted in Business |

Eight FDI proposals approved


December 15th, 2010 - 12:28 am ICT by IANS
Chennai, Dec 14 (IANS) India's Foreign Investment Promotion Board (FIPB) has approved eight foreign direct investment (FDI) proposals totalling around Rs.883 crore (Rs.8.83 bn/over $195 mn approx), a government release said Tuesday. ... Read more...

Posted in Business |

IT professionals dominate Indian diaspora in South Korea (Seoul Diary)


November 11th, 2010 - 10:38 am ICT by IANS
By Arvind Padmanabhan Seoul, Nov 11 (IANS) South Korea, where Prime Minister Manmohan Singh arrived Wednesday, has a small but vibrant Indian diaspora of some 7,000 people, dominated by professionals from the ... Read more...

Posted in Business |

India reassures South Korean investors, including Posco (Lead)


October 28th, 2010 - 9:57 pm ICT by IANS
By Minu Jain Hanoi, Oct 28 (IANS) Ahead of Prime Minister Manmohan Singh's meeting with the South Korean leadership here, India Thursday sought to reassure potential investors from that country and said ... Read more...

Posted in Business |

RBI wants banks to serve villages, says official


September 28th, 2010 - 3:58 pm ICT by IANS
Agartala, Sep 28 (IANS) The Reserve Bank of India (RBI) has asked nationalised banks to provide services in all villages and human habitations with a minimum population of 2,000, United Bank of ... Read more...

Posted in Business |

Hero Honda keen to set up facility in Himachal


August 19th, 2010 - 6:00 pm ICT by IANS
Shimla, Aug 19 (IANS) Hero Honda, the world's largest two-wheeler manufacturer, is keen to set up a manufacturing unit in Himachal Pradesh, a minister said here Thursday. "Hero Honda has shown interest in ... Read more...

Posted in Business |

Tata plans to set up power plant in Bangladesh


May 16th, 2010 - 2:10 pm ICT by IANS
Dhaka, May 16 (IANS) Nitol-Niloy, the Bangladesh partner of Indian conglomerate Tata Group, plans to set up a 1,000MW power plant in a joint venture that will be the largest in the ... Read more...

Posted in Business |

Delhi, Mumbai most preferred by home-seekers: Survey


March 29th, 2010 - 8:01 pm ICT by IANS
Mumbai, March 29 (IANS) New Delhi and Mumbai are considered the most preferred real estate investment destinations for this year (2010), with 62 percent of prospective buyers wanting to invest in a ... Read more...

Posted in Business |

Jindal to invest $10 bn in Orissa project


March 23rd, 2010 - 12:43 pm ICT by IANS
Bhubaneswar, March 23 (IANS) Jindal Steel and Power will invest $10 billion to set up a coal-to-liquid plant and a 2,000 MW thermal power plant in the state, the company's Managing Director ... Read more...

Posted in Business |

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 |

Eight foreign investment proposals cleared


September 3rd, 2009 - 8:20 pm ICT by IANS
New Delhi, Sep 3 (IANS) The government Thursday approved eight foreign investment proposals amounting to Rs.1.31 crore, while deferring decision on seven others and rejecting another. Among the approved proposals, only two have ... Read more...

Posted in Business |

Bangladesh to revive economic ties with India, China


July 21st, 2009 - 12:40 pm ICT by IANS
Dhaka, July 21 (IANS) Shifting emphasis from multilateral to bilateral economic ties. Bangladesh is to revive the Joint Economic Commissions (JECs) with its principal trade partners India and China.The JEC with India has ... Read more...

Posted in Business |

Foreign investments worth Rs.541 crore approved


April 27th, 2009 - 8:58 pm ICT by IANS
New Delhi, April 27 (IANS) The government has cleared 22 foreign investment proposals worth Rs.541 crore, including a Rs.237.2-crore project of Mumbai-based telecom company Tikona Digital Networks, the finance ministry said Monday. ... Read more...

Posted in Business |

Foreign investment proposals worth Rs.6.16 bn cleared


March 4th, 2009 - 5:00 pm ICT by IANS
New Delhi, March 4 (IANS) A proposal from global hospitality major Accor to set up budget hotels in India is among the 28 foreign direct investment (FDI) proposals worth Rs.6.16 billion (Rs.616.08 ... Read more...

Posted in Business |

India mulling stakes for foreign carriers: Patel (Lead)


February 20th, 2009 - 9:29 pm ICT by IANS
Mumbai, Feb 20 (IANS) The government is examining a proposal to allow foreign carriers to pick up stakes in domestic airlines, which are facing a crisis on account of economic slowdown, Civil ... Read more...

Posted in Uncategorized |

India mulling stakes for foreign carriers: Patel


February 20th, 2009 - 8:12 pm ICT by IANS
Mumbai, Feb 20 (IANS) The government is examining a proposal to allow foreign carriers to pick up stakes in domestic airlines, which are facing a crisis on account of economic slowdown, Civil ... Read more...

Posted in Uncategorized |

MMTC backs out from Matyas project


January 16th, 2009 - 9:00 pm ICT by IANS
Mumbai, Jan 16, (IANS) State-owned trading company MMTC Ltd has rolled back its decision to invest in a special purpose vehicle created by the Maytas group that is owned by the sons ... Read more...

Posted in Uncategorized |

ONGC launches Rs.44-bn project in Tripura


January 6th, 2009 - 6:22 pm ICT by IANS
Agartala, Jan 6 (IANS) India's premier hydrocarbons exploration company, Oil and Natural Gas Corp (ONGC), has undertaken a Rs.43.76-billion project in Tripura to boost gas output, the company said here Tuesday."The investment ... Read more...

Posted in Uncategorized |

Tata pullout won’t affect foreign investments, minister hopes


August 2nd, 2008 - 12:49 pm ICT by IANS
Dhaka, Aug 2 (IANS) The Tata Group's decision to scrap a $3 billion investment proposal is unlikely to affect the flow of foreign direct investment (FDI) in Bangladesh, a top official hopes. ... Read more...

Posted in World |

Bangladesh industry blames government for Tata withdrawal


August 1st, 2008 - 12:06 pm ICT by IANS
Dhaka, Aug 1 (IANS) Captains of Bangladesh's trade and industry Friday regretted Indian conglomerate Tata Group's withdrawal of $3 billion investment plans, blaming the indecision of successive governments for the scrapping of ... Read more...

Posted in Business |

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 |

Cabinet clears $275 mn Volvo investment in joint venture with Eicher


July 24th, 2008 - 5:56 pm ICT by IANS
New Delhi, July 24 (IANS) The Cabinet Committee on Economic Affairs (CCEA) Thursday approved a foreign direct investment (FDI) of $275 million (Rs.10.43 billion) by Swedish auto major AB Volvo in a ... Read more...

Posted in Business |

Lukewarm response to Dhaka’s oil exploration offer


May 8th, 2008 - 2:52 pm ICT by admin
Dhaka, May 8 (IANS) Only seven multinationals have shown interest in the 16 offshore blocks that Bangladesh hopes to throw open for oil and gas exploration. Media reports said Thursday that some ... Read more...

Posted in Business |

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