private investments

Russian real estate major offers to invest in Punjab


September 12th, 2012 - 9:22 pm ICT by IANS
Chandigarh, Sep 12 (IANS) A leading Russian real estate development company has expressed its interest in investing in Punjab's infrastructure sector, a state government spokesperson said here Wednesday."Boris Kiperman and ... Read more...

Posted in Business |

Government approves plan to promote hybrid vehicles


August 29th, 2012 - 11:25 pm ICT by IANS
New Delhi, Aug 29 (IANS) The government Wednesday approved a project for the promotion of environmentally-friendly electric and hybrid vehicles, at a total cost of Rs.23,000 crore ($4 billion) which ... Read more...

Posted in Environment |

Prime Minister’s statement on coal block allocation


August 27th, 2012 - 3:04 pm ICT by IANS
New Delhi, Aug 27 (IANS) Prime Minister Manmohan Singh Monday made a statement in both houses of parliament on coal block allocation for which the opposition is asking for ... Read more...

Posted in Politics |

Government steps up effort to boost inland waterways


July 16th, 2012 - 11:12 pm ICT by IANS
New Delhi, July 16 (IANS) To promote private investment into inland waterways, the central government Monday constituted a committee which will identify new areas for attracting funds and private investment ... Read more...

Posted in Business |

Germany lauds India’s Afghan role, pushes UN reforms (Lead)


June 22nd, 2012 - 11:33 pm ICT by IANS
Bangalore, June 22 (IANS) Lauding New Delhi's role in Afghanistan, Germany Friday assured India that it will continue to support the violence-torn country after international troops leave in 2014 and ... Read more...

Posted in Business |

Fitch cuts India outlook to negative, Pranab responds (Lead)


June 18th, 2012 - 9:46 pm ICT by IANS
New Delhi, June 18 (IANS) Fitch Ratings Monday downgraded India's economic outlook to negative from stable, saying the country's growth outlook could deteriorate if policy-making and governance do not ... Read more...

Posted in Business |

Fitch downgrades India’s rating to ‘negative’


June 18th, 2012 - 8:41 pm ICT by IANS
Chennai, June 18 (IANS) Credit rating agency Fitch Ratings Monday revised downward India's outlook to "negative" from "stable" owing to corruption and inadequate reforms.It, however, affirmed the country's long term ... 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 |

India to cut subsidies to 1.75 percent of GDP in 3 years: Mukherjee


May 5th, 2012 - 8:21 pm ICT by IANS
Manila, May 5 (IANS) The Indian government is committed to bringing down subsidies to below two percent of the country's gross domestic product (GDP) in the current fiscal ... Read more...

Posted in Business |

Good policy environment in Bengal needed for investment


April 20th, 2012 - 8:05 pm ICT by IANS
Kolkata, April 20 (IANS) Chinese ambassador Zhang Yan Friday said a good policy environment is needed in West Bengal to attract foreign funds and identified agriculture, tourism and power ... Read more...

Posted in Business |

India leaps forward in clean energy race


April 12th, 2012 - 12:37 pm ICT by IANS
Washington, April 12 (IANS) India has taken a leap in the clean energy race with a 54 percent increase in investments in 2011 vaulting it from 10th to sixth place ... Read more...

Posted in Sci-Tech |

Brazil leases airport to private consortium


November 29th, 2011 - 1:36 pm ICT by IANS
Rio De Janeiro, Nov 29 (IANS) President Dilma Rousseff signed a concession plan Monday that would allow private investments for the first time in airport construction and operation as Brazil ... Read more...

Posted in Business |

Canada keen to invest in Himachal: Dhumal


September 12th, 2011 - 7:09 pm ICT by IANS
Shimla, Sep 12 (IANS) Canada is keen to invest in the hill state of Himachal Pradesh, Chief Minister Prem Kumar Dhumal said Monday."The Canadian government has shown keen interest in ... Read more...

Posted in Uncategorized |

Overcome hurdles to up investment in infrastructure: FICCI


September 11th, 2011 - 3:18 pm ICT by IANS
New Delhi, Sep 11 (IANS) There is a need to create a pipeline of projects for tenders, overcome hurdles of financial closure and ensure a standardised bidding process to boost ... Read more...

Posted in Business |

Goa to use PPP to develop four prime properties


March 16th, 2011 - 1:43 pm ICT by IANS
Panaji, March 16 (IANS) Four prime pieces of waterbody-facing real estate owned by the Goa tourism department, including a large plot at the famous Baga beach, will be developed in ... Read more...

Posted in Business |

Low fiscal deficit will boost private investment: Mukherjee


March 4th, 2011 - 8:23 pm ICT by IANS
New Delhi, March 4 (IANS) Low market borrowings by the government and reduced fiscal deficit in the upcoming fiscal year will boost private investment and help reduce the public ... Read more...

Posted in Business |

Pranab confident of reducing fiscal deficit to 4.6 percent


March 2nd, 2011 - 1:47 am ICT by IANS
New Delhi, March 1 (IANS) A day after presenting the budget for 2011-12, Finance Minister Pranab Mukherjee said he was confident of reducing the fiscal deficit to 4.6 percent ... Read more...

Posted in Business |

Cold storage, fertiliser classification as agri-infrastructure welcomed


March 1st, 2011 - 7:50 pm ICT by IANS
New Delhi, March 1 (IANS) Industry lobby Confederation of Indian Industry (CII) Tuesday welcomed the classification of cold chain (storage) and fertiliser industry as agriculture infrastructure in the federal budget ... Read more...

Posted in Business |

Kerala not done enough to draw private investment: Chidambaram


February 12th, 2011 - 3:55 pm ICT by IANS
Thiruvananthapuram, Feb 12 (IANS) The tit for tat between the Left-ruled Kerala and the central government ahead of the forthcoming assembly polls continued with union Home Minister P. Chidambaram Saturday ... Read more...

Posted in Politics |

PM asks Kerala to make better use of central schemes


February 11th, 2011 - 9:06 pm ICT by IANS
Thiruvananthapuram, Feb 11 (IANS) Ahead of upcoming assembly elections in Kerala, Prime Minister Manmohan Singh Friday launched an attack on the state's ruling Left Democratic Front, saying it was not using ... Read more...

Posted in Business |

Review local levies to control inflation: Mukherjee to states


January 19th, 2011 - 9:19 pm ICT by IANS
New Delhi, Jan 19 (IANS) Finance Minister Pranab Mukherjee Wednesday asked state governments to review local levies like mandi tax and octroi duties, and reform agriculture produce marketing act to help ... Read more...

Posted in Business |

Mizoram asked to seek private partners in power, health


December 11th, 2010 - 6:43 pm ICT by IANS
Aizawl, Dec 11 (IANS) The Planning Commission has asked Mizoram to seek private partnership in power, health and education sectors besides developmental projects to accelerate the economic growth of the state, an ... Read more...

Posted in Business |

India seeks Canadian investment in power sector


September 20th, 2010 - 7:20 pm ICT by IANS
New Delhi, Sep 20 (IANS) Power Minister Sushilkumar Shinde has invited Canadian firms to invest in India, saying that the government expected the private sector to contribute almost 40 percent of investment ... Read more...

Posted in Business |

‘India may face shortage of 26 mn houses by 2012′


September 16th, 2010 - 7:39 pm ICT by IANS
New Delhi, Sep 16 (IANS) India will face shortage of over 26 million houses by 2012, which would lead to spurt in housing prices as demand-supply gap widens amid rising purchasing power ... Read more...

Posted in Business |

Oman Oil to invest $3 bn in Indian fertilizer plants


September 6th, 2010 - 5:00 pm ICT by IANS
New Delhi, Sep 6 (IANS) State-run Oman Oil Company has agreed to invest around $3 billion in the revival of a few closed plants of the Fertilizer Corporation of India and Hindustan ... Read more...

Posted in Business |

India to grow at 8.5 percent plus: Pranab (Lead)


July 19th, 2010 - 9:28 pm ICT by IANS
New Delhi, July 19 (IANS) Finance Minister Pranab Mukherjee Monday said India will grow at more than 8.5 percent this fiscal but if the European financial crisis spreads it will affect ... Read more...

Posted in Business |

India hopes European crisis does not spread


July 19th, 2010 - 5:38 pm ICT by IANS
New Delhi, July 19 (IANS) Confident of at least an 8.5 percent growth for this fiscal, Finance Minister Pranab Mukherjee Monday expressed India's anxiety over the european financial crisis and its ... Read more...

Posted in Business |

Private investments in science should increase


July 9th, 2010 - 7:29 pm ICT by IANS
Kolkata, July 9 (IANS) Private investments in science and technology should increase for better industrial growth, Science and Technology Secretary T. Ramasami said here Friday. "Private investments should increase in the field of ... Read more...

Posted in Sci-Tech |

‘Continue stimulus packages for some time’


April 24th, 2010 - 9:43 pm ICT by IANS
Kolkata, April 24 (IANS) The monetary and fiscal stimulus packages should continue till there are signs that private demand has revived, India's chief statistician Pronab Sen said here Saturday. "Stimulus packages on the ... Read more...

Posted in Business |

‘India needs more trained healthcare professionals’


March 1st, 2010 - 9:57 am ICT by IANS
By Arun Kumar Washington, March 1 (IANS) A leading Indian-American cardiac surgeon suggests a "lean healthcare" system model for India to attract larger private investments and widen its reach and says the ... Read more...

Posted in Health |

Lower private investments in ports than anticipated


February 14th, 2010 - 12:47 pm ICT by IANS
New Delhi, Feb 14 (IANS) The Indian port sector has attracted only $3.21 billion in investments since the beginning of the current 11th Plan (2007-12), less than a quarter of what is ... Read more...

Posted in Business |

Karnataka woos auto, drug firms


January 30th, 2010 - 6:23 pm ICT by IANS
Bangalore, Jan 30 (IANS) Karnataka has stepped up efforts to bag private investments in industrial projects ahead of the Global Investors Meet here in June by holding roadshows in several cities in ... Read more...

Posted in Business |

India to promote private participation in defence purchases


December 19th, 2009 - 8:10 pm ICT by IANS
Kolkata, Dec 19 (IANS) The government is trying to help private companies bid for defence deals through its offsets procedure, Minister of State for Defence M.M. Pallam Raju said here Saturday. The offsets ... Read more...

Posted in Business |

Bihar attracts Rs.1,032 crore investment in four years


November 13th, 2009 - 3:58 pm ICT by IANS
Patna, Nov 13 (IANS) Bihar, one of the poorest states in the country, attracted private investments worth Rs.1,032 core in the last four years, Deputy Chief Minister Sushil Kumar Modi said ... Read more...

Posted in Business |

McNally Bharat second quarter net profit Rs.3.6 crore


November 2nd, 2009 - 4:39 pm ICT by IANS
Kolkata, Nov 2 (IANS) Engineering firm McNally Bharat Engineering (MBE) posted a net profit of Rs.3.6 crore for the quarter ended Sep 30, against Rs.3.2 crore registered during the corresponding period last ... Read more...

Posted in Business |

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