state investment

Once bitten, Karnataka not shy to woo investors again


June 6th, 2012 - 1:39 pm ICT by IANS
Bangalore, June 6 (IANS) Unfazed by the poor record of implementing the investment proposals that were flagged at the previous Global Investors' Meet (GIM 2010), the Karnataka government is ... Read more...

Posted in Business |

GE invests $300 mn in Brazilian firm


May 25th, 2012 - 11:35 am ICT by IANS
Rio de Janeiro, May 25 (IANS/EFE) Brazilian mogul Eike Batista's Grupo EBX has announced a "strategic accord" with General Electric Co.It involves GE paying $300 million for a 0.8 percent ... Read more...

Posted in Business |

Brazilian conglomerate gets $2 bn infusion from Abu Dhabi


March 27th, 2012 - 12:04 pm ICT by IANS
Rio de Janeiro, March 27 (IANS/EFE) Brazil's richest person, Eike Batista, announced Monday that he sold a 5.63 percent stake in his sprawling EBX conglomerate to Abu Dhabi state investment ... Read more...

Posted in Business |

US lawyers’ group warns of accumulated student loan debt


March 14th, 2012 - 12:10 pm ICT by IANS
Washington, March 14 (IANS/EFE) The National Association of Consumer Bankruptcy Attorneys warned of the danger posed by the accumulated student loan debt in the US.A recent report from NACBA underlines ... Read more...

Posted in Business |

MARG bags Gujarat power project’s work


July 27th, 2011 - 12:30 am ICT by IANS
Gandhinagar, July 26 (IANS) Chennai-headquartered diversified infrastructure organisation MARG Ltd. has won an engineering, procurement and construction (EPC) work order valued at Rs.237.58 crore from Bhavnagar Energy Company Ltd. in ... Read more...

Posted in Business |

Tata Communications to base global headquarters in Singapore


May 11th, 2011 - 5:43 pm ICT by IANS
New Delhi, May 11 (IANS) Tata Communications Wednesday said it would base its international headquarters in Singapore and invest 440 million Singapore dollars towards scaling up its presence in that ... Read more...

Posted in Sci-Tech |

Coming up in Bihar, thermal, biomass power plants


April 14th, 2011 - 3:35 pm ICT by IANS
Patna, April 14 (IANS) Electricity-starved Bihar is setting up five thermal power plants of 7,000 MW capacity and others based on gas and biomass, say officials adding the ... Read more...

Posted in Business |

Trinamool creating hindrance to industry in Bengal: Minister


March 29th, 2011 - 12:00 am ICT by IANS
Kolkata, March 28 (IANS) Hitting out at the Trinamool Congress for creating "hindrance to the growth of industry" in West Bengal, Industry Minister Nirupam Sen Monday alleged that investment has ... Read more...

Posted in Politics |

Russia’s Sistema to float public issue for Indian telecom arm


August 11th, 2010 - 12:48 pm ICT by IANS
By Arvind Padmanabhan New Delhi, Aug 11 (IANS) Sistema, one of Russia's largest listed companies with annual revenues of $19 billion, will soon float a public issue for its Indian telecom services venture ... Read more...

Posted in Business |

Andhra receives investment proposals of Rs.18,137 crore


June 28th, 2010 - 10:54 pm ICT by IANS
Hyderabad, June 28 (IANS) Andhra Pradesh has received proposals for investment of Rs.18,137.88 crore with an employment potential of over 59,000 people, a statement said Monday. The State Investment Promotion Board (SIPB), which ... Read more...

Posted in Business |

India dairy seeks more state investment to stay on top


February 16th, 2010 - 6:56 pm ICT by IANS
Bangalore, Feb 16 (IANS) The Indian Dairy Association (IDA) Tuesday sought greater investment by central and state governments to enhance milk productivity and increase value added products to ensure the country retained ... Read more...

Posted in Business |

GVK picks L&T stake in Bangalore airport for Rs.686 cr


December 7th, 2009 - 1:19 am ICT by IANS
Bangalore, Dec 6 (IANS) Leading infrastructure developer GVK Power and Infrastructure has acquired 17 percent in Bangalore International Airport Ltd (BIAL) from Larson and Toubro (L&T) for Rs.686 crore (Rs.6.86 billion), the ... Read more...

Posted in Business |

Bihar clears 190 investment proposals since January 2006


August 25th, 2009 - 4:55 pm ICT by IANS
Patna, Aug 25 (IANS) The Bihar State Investment Promotion Board (SIPB) has cleared 190 investment proposals worth Rs.118,000 crore (Rs.1,180 billion/$24 billion) since January 2006, officials said. The cleared proposals include 26 ... Read more...

Posted in Business |

Dubai state firm to build two luxury hotels in Ethiopia


July 20th, 2009 - 3:31 pm ICT by IANS
By Groum Abate Addis Ababa, July 20 (IANS) Along with Chinese and Indians, Ethiopia could now see a rush of investment from the Gulf, with the Dubai state investment company's $100 million hospitality ... Read more...

Posted in Business |

Industrial projects in Chhattisgarh hanging fire for nine years


May 30th, 2009 - 2:31 pm ICT by IANS
Raipur, May 30 (IANS) Chhattisgarh is set to examine why agreements that various companies have signed with the government since 2000 to set up projects in the state haven't been honoured. According ... Read more...

Posted in Business |

Iron ore shortage closes 25 units in Chhattisgarh (Lead)


August 14th, 2008 - 8:22 pm ICT by IANS
Raipur, Aug 14 (IANS) A shortage of iron ore Thursday forced 25 sponge iron units in Chhattisgarh to stop production, and an industry official said Thursday that more of them could follow ... Read more...

Posted in Business |

RITES eyes opportunities in South Africa (Lead)


June 6th, 2008 - 8:09 pm ICT by IANS
By Fakir Hassen Johannesburg, June 6 (IANS) RITES Ltd, the consultancy arm of the Indian Railways, is in talks with South African railway authorities to develop tailor-made solutions for their requirements, a senior ... Read more...

Posted in Business |

RITES eyes opportunities in South Africa


June 6th, 2008 - 1:42 pm ICT by IANS
By Fakir Hassen Johannesburg, June 6 (IANS) Rail India Technical and Economic Services (RITES) is in talks with South African railway authorities to develop tailor-made solutions for their requirements, a senior RITES official ... Read more...

Posted in Business |

One in seven 5-year-old Brits can’t write their own name


November 14th, 2007 - 2:06 am ICT by admin
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Posted in World |

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