massive investment

South Africa plans massive investment in railways


August 17th, 2012 - 1:11 pm ICT by IANS
Johannesburg, Aug 17 (IANS) The South African government will over the next few years invest over $5 billion in passenger rail infrastructure and services, a minister said here.Transport Minister Dikobe ... Read more...

Posted in Business |

Australian economy grows at 3.2 percent


July 23rd, 2012 - 1:50 pm ICT by IANS
Canberra, July 23 (IANS) Australia's economy has recorded a 3.2 percent growth in the year to June 2012, said a report by Australia's leading private sector economic advisory released Monday.That ... Read more...

Posted in Business |

Jayalalithaa opposes rate hike on rural infra loans


April 27th, 2012 - 2:42 pm ICT by IANS
Chennai, April 27 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Friday urged Prime Minister Manmohan Singh not to raise the interest rates on loans provided under the Rural Infrastructure Development ... Read more...

Posted in Business |

South Africa pitches for greater Indian investment


April 8th, 2012 - 4:35 pm ICT by IANS
New Delhi, April 8 (IANS) With an ambitious programme for development, South Africa plans to conduct road shows and business events in major Indian cities to attract investments in ... Read more...

Posted in Business |

Kudankulam protests costing government Rs.50 mn a day


March 9th, 2012 - 9:44 pm ICT by IANS
Mumbai, March 9 (IANS) The protests against the Kudankulam Nuclear Power Plant in Tamil Nadu leading to delays in its commissioning have started pinching the government -- to the tune ... Read more...

Posted in Politics |

Low cost, high returns make Africa attractive to India Inc


April 5th, 2011 - 2:37 pm ICT by IANS
New Delhi, April 5 (IANS) Several Indian companies have planned huge investments in the African mining and agriculture sectors, buoyed by the prospects of high returns, on the back of ... Read more...

Posted in Business |

Meghalaya for a new body to boost power output


September 30th, 2010 - 4:37 pm ICT by IANS
Shillong, Sep 30 (IANS) The Meghalaya government has suggested a North Eastern Council (NEC), a regional planning body for the region, to invest in hydel projects and power transmission. Meghalaya Chief ... Read more...

Posted in Business |

Hooper retracts criticism of Indian government (Lead)


September 26th, 2010 - 11:34 pm ICT by IANS
New Delhi, Sep 26 (IANS) After slamming the Indian government for the delay in readying the Games infrastructure, Commonwealth Games Federation (CGF) chief executive Mike Hooper Sunday retracted and thanked the government ... Read more...

Posted in Sports |

Not talking to Haqqanis, our red lines are clear: Afghan NSA


August 31st, 2010 - 10:35 pm ICT by ANI
New Delhi, Aug.31 (ANI): Afghanistan on Tuesday denied that Karzai-led government was in talks with Haqqanis and other Pakistan-backed terrorist groups under the reconciliation process.Afghan National Security Advisor Rangin Dadfar ... Read more...

Posted in National |

Emerging Asia should act on potentially destabilizing capital inflows: ADB


May 18th, 2010 - 12:30 pm ICT by ANI
Manila (Philippines), May 18 (ANI): Governments in emerging Asia should stay on guard and be ready to act if volatile capital inflows threaten to destabilize the region's financial markets, a new Asian ... Read more...

Posted in Business |

China’s economy to grow 9.5 pc in 2010: World Bank


March 17th, 2010 - 2:22 pm ICT by IANS
Beijing, March 17 (IANS) China's economy would expand 9.5 percent in 2010, the World Bank said in a report released Wednesday. "In 2010, government-led investment is bound to decelerate, while exports are likely ... 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 |

Gujarat Congress leader alleges irregularities in PSU


January 6th, 2010 - 12:18 am ICT by IANS
Gandhinagar, Jan 5 (IANS) A leader of the opposition Congress party Tuesday alleged large-scale irregularities and siphoning of funds in the state public sector undertaking, Gujarat State Petroleum Corporation (GSPC). The ... Read more...

Posted in Politics |

INSAT 3D to boost weather forecasting accuracy


January 5th, 2010 - 6:08 pm ICT by IANS
Thiruvananthapuram, Jan 5 (IANS) India is expected to launch the INSAT 3D satellite later this year to boost its weather forecasting accuracy, Shailesh Naik, Secretary in the Ministry of Earth Sciences, ... Read more...

Posted in Sci-Tech |

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 |

Madoff’s Long Island house sold for over 8.75 million dollars


September 18th, 2009 - 6:02 pm ICT by ANI
New York, Sep 18(ANI): Multi-billion dollar Poziking Bernard Madoff's Long Island house has been snapped up by an unidentified buyer days for over 8.75 million dollars.According to reports, a spokeswoman for ... Read more...

Posted in Sports |

Timberlake gives his golf course $16m makeover to turn it into green haven


July 16th, 2009 - 1:38 pm ICT by ANI
London, July 16 (ANI): Justin Timberlake's massive investment of 16 million dollars into his Tennessee golf course has turned it into the first environmentally friendly course.The golfing industry's Audubon Classic Sanctuary Program ... Read more...

Posted in Entertainment |

India’s restless youth want change: Patil


June 4th, 2009 - 1:32 pm ICT by IANS
New Delhi, June 4 (IANS) Calling the youth India's "greatest strategic resource", President Pratibha Patil Thursday said the challenge before the country was to invest in their education, employability and employment. "Over ... Read more...

Posted in Business |

Delhi Daredevils owner in buy out talks with Liverpool


April 26th, 2009 - 1:03 pm ICT by ANI
London, Apr 26 (ANI): English Premier League club Liverpool is in talks with the billionaire owners of an Indian Premier League cricket team that could lead to a massive investment and ... Read more...

Posted in Sports |

G20 package risks breathing life into dying economic model: ActionAid


April 4th, 2009 - 11:19 am ICT by IANS
New Delhi, April 4 (IANS) The global recovery package agreed at the G20 summit must not be used as artificial life support for a dying economic model, warns international NGO ActionAid. "There is ... Read more...

Posted in Business |

SAIL expects sales to grow despite slowdown


March 26th, 2009 - 6:07 pm ICT by IANS
New Delhi, March 26 (IANS) The state-run Steel Authority India (SAIL) expects its sales to grow in March despite the current slowdown, saying it would be close to the month before. "In February ... Read more...

Posted in Business |

Anthony Vassallo charged in $40 million Ponzi scheme


March 21st, 2009 - 11:54 am ICT by admin
Sacramento, CALIFORNIA (BNO NEWS) -- The United States Attorney Office for the Eastern District of California has announced the arrest of Anthony Vassallo from Folsom, California who has been charged for his ... Read more...

Posted in Business |

Industry lauds rail budget, but unhappy with freight rates


February 13th, 2009 - 8:46 pm ICT by IANS
New Delhi, Feb 13 (IANS) India Inc lauded the rail budget tabled in parliament Friday, but said Railway Minister Lalu Prasad has not responded to the prevailing slowdown in the country's economy ... Read more...

Posted in Business |

IEA urges huge investment in oil industry


November 7th, 2008 - 3:16 pm ICT by IANS
Paris, Nov 7 (Xinhua) The oil industry needs "massive investment" to ward off a possible energy crisis in the next 20 years, the International Energy Agency (IEA) has warned."The immediate risk to ... Read more...

Posted in Business |

Chhattisgarh on road to industrial development: Chief Minister Raman Singh (Interview)


September 23rd, 2008 - 11:46 am ICT by IANS
Raipur, Sep 23 (IANS) Chhattisgarh is now on the fast track to industrial development with top companies rushing to the state with massive investment plans, says Chief Minister Raman Singh."Chhattisgarh is now ... Read more...

Posted in Business |

Humanity only has 100 months save the planet from global warming


July 21st, 2008 - 2:54 pm ICT by ANI
London, July 21 (ANI): The Green New Deal Group has warned that humanity only has 100 more months to prevent dangerous global warming and save the planet.According to a report by ... Read more...

Posted in National |

Paswan urges steel industry to support government in managing inflation


July 16th, 2008 - 10:00 pm ICT by ANI
New Delhi, July 16 (ANI): Union Minister for Steel, Chemicals and Fertilisers Ram Vilas Paswan on Wednesday urged the steel industry to continue to support the effort of the government in ... Read more...

Posted in World |

Scientists demand new modeling facility for providing better climate predictions


May 16th, 2008 - 5:27 pm ICT by admin
London, May 16 (ANI): Climate scientists have called for a massive investment in computer and research resources to help revolutionize modeling capabilities, with their eventual aim being providing probabilistic climate predictions ... Read more...

Posted in Entertainment |

India to undertake massive uranium exploration: Kakodkar


May 12th, 2008 - 12:30 am ICT by admin
Mumbai, May 11 (IANS) India is making large-scale investments in uranium exploration, helping reduce its dependence on the fate of its nuclear deal with the US to meet energy needs, Atomic Energy ... Read more...

Posted in Sci-Tech |

Stephen Hawking calls for colonization of Moon and Mars


April 22nd, 2008 - 1:05 pm ICT by admin
Washington, April 22 (ANI): Eminent scientist Stephen Hawking has called for a massive investment in establishing colonies on the Moon and Mars, arguing that the world should devote about 10 times ... Read more...

Posted in National |

India seeking investment from UK in infrastructure sector: Kamal Nath


January 21st, 2008 - 8:20 pm ICT by admin
New Delhi, Jan 21 (ANI): Union Commerce and Industry Minister Kamal Nath on Monday said that the Centre is seeking investments from the United Kingdom (UK) in the areas like highway projects, ... Read more...

Posted in National |

PPP must for the success of MRTS: Gajendra Haldea


December 13th, 2007 - 4:26 pm ICT by admin
New Delhi, Dec.13 (ANI): Mass Rapid Transport System needs effective public private partnerships to modernize intra-city mobility, said Gajendra Haldea, Advisor, Infrastructure, Planning Commission. Speaking at the " National Seminar on Mass ... Read more...

Posted in National |

Subscribe