investment worth

Reliance Power synchronises unit at Butibori thermal plant


June 26th, 2012 - 5:13 pm ICT by IANS
Mumbai, June 26 (IANS) Reliance Power Tuesday said it has synchronised the first 300 MW unit at its Butibori thermal power project near Nagpur. Electricity generated from the project will ... Read more...

Posted in Business |

Himachal invites private funds for food processing


June 12th, 2012 - 10:43 pm ICT by IANS
Shimla, June 12 (IANS) Himachal Pradesh is inviting private investments in the food processing industry, Chief Minister Prem Kumar Dhumal said Tuesday."The state has identified food processing as the thrust ... Read more...

Posted in Business |

Mamata government celebrating anniversary of misrule: CPI-M


May 20th, 2012 - 6:45 pm ICT by IANS
Kolkata, May 20 (IANS) The Communist Party of India- Marxist (CPI-M) Sunday mocked Trinamool Congress-led West Bengal government's anniversary celebrations and dubbed them as an "anniversary of misrule"."The state ... Read more...

Posted in Politics |

Bengal emerging as new investment destination: Pranab


April 1st, 2012 - 6:40 pm ICT by IANS
Kolkata, Apr 1 (IANS) Recent developments suggest that West Bengal is emerging as the new investment destination, union Finance Minister Pranab Mukherjee said Sunday."Recent developments suggests that West Bengal ... Read more...

Posted in Business |

PM pushes use of ‘green’ inland waterways


January 28th, 2012 - 5:28 pm ICT by IANS
New Delhi, Jan 28 (IANS) In a bid to tap the vast potential for bulk transportation of goods at low cost through inland waterways, Prime Minister Manmohan Singh has ... Read more...

Posted in Business |

Energy sector deals worth Rs.7.38 lakh crore at Gujarat summit


January 13th, 2011 - 10:39 pm ICT by IANS
Gandhinagar, Jan 13 (IANS) The energy sector bagged deals worth Rs.7.38 lakh crore with major corporates such as Reliance, Essar, Adani and Torrent signing agreements with the Gujarat government at the ... Read more...

Posted in Business |

Games will boost foreign direct investment in India


October 4th, 2010 - 9:44 pm ICT by IANS
New Delhi, Oct 4 (IANS) Commerce and Industry Minister Anand Sharma Monday said the 12-day Commonwealth Games will have a positive impact on the Indian economy and help attract more foreign direct ... Read more...

Posted in Business |

Barack Obama Likely To Endorse Additional Business Tax Breaks


September 8th, 2010 - 4:16 pm ICT by Sampurn Wire
Washington, September 8, 2010 (Just Flashed): The American President, Barack Obama, will appeal to the U.S. Congress to ratify fresh tax breaks that would permit businesses to set aside 100 percent ... Read more...

Posted in World |

Malaysian Deputy PM urges country to learn economic transformation, vibrancy from India


September 7th, 2010 - 1:56 pm ICT by ANI
Kuala Lumpur, Sept 7 (ANI): Malaysian Deputy Prime Minister, Muhyiddin Yassin, has urged his country to take lessons from India and adopt Gandhian principles on how to transform the economy and become ... Read more...

Posted in World |

India ninth most attractive investment destination: UN agency


July 23rd, 2010 - 12:48 am ICT by IANS
New Delhi, July 22 (IANS) India climbed four notches to be ranked the ninth most attractive investment destination in 2009 with a total foreign direct investment inflow of $34.61 billion, a UN ... Read more...

Posted in Business |

Travel and tourism to become second largest employer by 2019


July 21st, 2010 - 7:27 pm ICT by IANS
New Delhi, July 21 (IANS) India's growing tourism and travel industry will become the world's second largest employer with 40,037,000 people by 2019 and get capital investment worth $94.5 billion, says a ... Read more...

Posted in Business |

Indo-US business leaders can strengthen ties: Pranab Mukherjee


June 22nd, 2010 - 8:21 pm ICT by ANI
Washington, June 22 (ANI): Union Finance Minister Pranab Mukherjee has said business leaders of both India and US can play a major role in strengthening ties between both countries.Mukherjee was ... Read more...

Posted in National |

Beleaguered Left Front talks of rectification, struggle


June 21st, 2010 - 11:52 pm ICT by IANS
Kolkata, June 21 (IANS) Smarting under a series of electoral debacles, West Bengal's ruling Left Front Monday sought to pep up the morale of its cadres ahead of next year's assembly polls ... Read more...

Posted in Politics |

Realty sector revives in Hyderabad after political crisis


June 15th, 2010 - 12:44 pm ICT by ANI
Hyderabad, June 15 (ANI): The Realty sector in Hyderabad has bounced back after the recent political crisis, as demand for residential and commercial properties is growing.The trend is growing evidently in ... Read more...

Posted in Business |

Highlights of infrastructure targets for fiscal 2010-11


May 17th, 2010 - 4:28 pm ICT by IANS
New Delhi, May 17 (IANS) Following are the highlights of the annual infrastructure upgradation targets set by the Planning Commission Monday: -- India to add 20,359 MW to current capacity of power generation-- ... Read more...

Posted in Business |

Government clears foreign investment worth Rs.2,325 cr


March 29th, 2010 - 8:21 pm ICT by IANS
New Delhi, March 29 (IANS) The government Monday approved 23 foreign direct investment (FDI) proposals worth Rs.2,325.21 crore, rejected six and deferred decision on eight.Among the approved proposals were Tikona Digital ... Read more...

Posted in Business |

Despite slowdown, Maharashtra leads in investments: Governor


January 26th, 2010 - 10:34 am ICT by IANS
Mumbai, Jan 26 (IANS) Despite the economic slowdown, Maharashtra has managed to remain the most favoured investment destination in the country, having attracted 53 percent of the foreign direct investment in the ... Read more...

Posted in Politics |

Foreign investment proposals worth Rs.4,550 cr approved


December 1st, 2009 - 7:39 pm ICT by IANS
New Delhi, Dec 1 (IANS) The government has approved 17 foreign investment proposals worth approximately Rs.4,550 crore, it said here Tuesday. "Based on the recommendations of Foreign Investment Promotion Board (FIPB) in ... Read more...

Posted in Business |

India will be made more attractive for investment: PM


November 8th, 2009 - 1:00 pm ICT by IANS
New Delhi, Nov 8 (IANS) Prime Minister Manmohan Singh Sunday said India will open its doors further to foreign investment and invited entrepreneurs from across the globe to participate in a ... Read more...

Posted in Business |

Petroleum projects worth nearly $200 bn underway in Gulf region


October 29th, 2009 - 10:24 pm ICT by IANS
Dubai, Oct 29 (IANS) Development and exploration projects worth about $196 billion are being undertaken across the Gulf region in the oil and gas sector, WAM news agency reported wednesday quoting reports. ... Read more...

Posted in Business |

Foreign investment proposals worth Rs.1,361 crore cleared


October 22nd, 2009 - 9:23 pm ICT by IANS
New Delhi, Oct 22 (IANS) The government has approved 26 foreign investment proposals worth Rs.1,361 crore, it said here Thursday. "Based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its ... Read more...

Posted in Business |

Nestle plans to invest Rs.400 crore in Himachal


April 10th, 2009 - 2:45 pm ICT by IANS
Shimla, April 10 (IANS) Food products major Nestle India wants to set up a food and beverage manufacturing unit in Himachal Pradesh, according to a senior government official. "Nestle has shown keen ... Read more...

Posted in Business |

India approves 26 foreign equity proposals worth $200 mn


March 26th, 2009 - 7:45 pm ICT by IANS
New Delhi, March 26 (IANS) A proposal from top international events broadcaster Neo Sports and another from the US construction equipment giant John Deere were among 26 applications for foreign investment worth ... Read more...

Posted in Business |

India allows Wall Street Journal to publish facsimile edition


February 11th, 2009 - 6:57 pm ICT by IANS
New Delhi, Feb 11 (IANS) The government Wednesday gave approval to two foreign newspapers, the Wall Street Journal and the Wall Street Journal Asia, to publish their facsimile editions from India. This is ... Read more...

Posted in Uncategorized |

India’’s non-oil imports has increased 25 percent, says Commerce Secretary


February 5th, 2009 - 6:11 pm ICT by ANI
New Delhi, Feb.5 (ANI): Commerce Secretary G K Pillai on Thursday revealed that trade between India and the United States has grown by 25 percent in the last two years. Speaking at ... Read more...

Posted in Business |

Second phase of BrahMos missile programme to be launched Feb 10


January 31st, 2009 - 5:57 pm ICT by IANS
Thiruvananthapuram, Jan 31 (IANS) Defence Minister A.K.Antony will launch the second phase of cruise missile maker Brahmos Aerospace's development programme here Feb 10, Kerala Industries Minister Elamaram Kareem Saturday said.He told reporters ... Read more...

Posted in National |

Modi, Advani clear air; praise each other’s leadership (Roundup)


January 17th, 2009 - 11:53 pm ICT by IANS
Ahmedabad/New Delhi, Jan 17 (IANS) Gujarat Chief Minister Narendra Modi said Saturday that L.K. Advani, and not he, was the right man as the prime ministerial candidate of the Bharatiya Janata Party ... Read more...

Posted in Uncategorized |

Advani is BJP’s man for PM post, says Modi (Lead)


January 17th, 2009 - 6:29 pm ICT by IANS
Ahmedabad, Jan 17 (IANS) Days after he hogged the limelight with India's top industrialists calling him prime minister material, Gujarat Chief Minister Narendra Modi Saturday said he was not in the race ... Read more...

Posted in Politics |

Industrialists should not praise Modi: Congress


January 14th, 2009 - 11:13 pm ICT by IANS
New Delhi, Jan 14 (IANS) Terming "Vibrant Gujarat" a "myth", the Congress party Wednesday asked captains of industry to desist from praising Chief Minister Narendra Modi.“Vibrant Gujarat is a myth, it is ... Read more...

Posted in Uncategorized |

Anil Ambani group to invest Rs.105 bn in Gujarat (Lead)


January 14th, 2009 - 12:03 am ICT by IANS
Ahmedabad, Jan 13 (IANS) The Reliance Anil Dhirubhai Ambani Group (ADAG) Tuesday signed three accords worth Rs.105 billion (Rs.10,500 crore/$2.13 billion) with the Gujarat government as part of its investment commitment to ... Read more...

Posted in Uncategorized |

Reliance ADAG to invest Rs.105 bn in Gujarat


January 13th, 2009 - 10:32 pm ICT by IANS
Ahmedabad, Jan 13 (IANS) The Reliance Anil Dhirubhai Ambani Group (ADAG) Tuesday signed three memorandums of understanding (MoUs) worth Rs.105 billion (Rs.10,500 crore or $2.13 billion) for its proposed projects in Gujarat.Group ... Read more...

Posted in Uncategorized |

‘Value of private equity investments dipped 60-70 percent in 2008′


December 30th, 2008 - 4:08 pm ICT by IANS
Mumbai, Dec 30 (IANS) The value of investments made by private equity (PE) firms in 2007 were eroded by a whopping 60-70 percent or nearly $2.25 billion over the past few months ... Read more...

Posted in Uncategorized |

Dabur to set up second unit in Himachal Pradesh


December 25th, 2008 - 4:01 pm ICT by IANS
Shimla, Dec 25 (IANS) Dabur India Ltd, with business interest in healthcare, personal care and food products, has got the green signal from the Himachal Pradesh government to set up another medicine ... Read more...

Posted in Uncategorized |

Ansari calls for more research on West Asia


August 8th, 2008 - 9:42 pm ICT by IANS
New Delhi, Aug 8 (IANS) Underlining India's multi-faceted economic and cultural engagement with West Asia, Vice President Hamid Ansari Friday called for more funds for focused research on the region, which is ... Read more...

Posted in Uncategorized |

Malaysia attracts lot of foreign investment despite political turmoil


July 7th, 2008 - 2:09 pm ICT by IANS
Kuala Lumpur, July 7 (IANS) Vivo Bio Tech Ltd, an Indian firm planning to invest 450 million ringgit ($140 million), is among the many foreign investors thronging Malaysia, ignoring its current political ... Read more...

Posted in Business |

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