Investment

Approved: logistics and transport hubs for AP, Karnataka and Noida The Cabinet Committee on Economic Affairs (CCEA) has approved proposals of Department of Promotion of Industry & Internal Trade (DPIIT) for construction of various trunk infrastructure components. These are Rs....

Projects to be implemented under BOT and PPP modes The Cabinet Committee on Economic Affairs (CCEA) has approved the Rs.3,004.63 crore project for ‘Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer...

HE projects being revived Himachal Pradesh, Sikkim and J&K The Government has decided to infuse liquidity of Rs.90,000 crore in the power sector through PFC and REC Ltd to enable the sector to maintain power supplies and keep the lights...

Global groups join Maritime Park on Willingdon Island Cochin Shipyard Limited is expected to commission the International Ship Repair Facility (ISRF) in FY 2021-22, having start construction on 17 Nov 2017, the Ministry of Ports, Shipping and Waterways said in...

Landlords will have to be more receptive to tenant demand The pace of recovery in the Indian office space market is expected to increase in the upcoming quarters, following on to Q4 2020 recovery sustained in both net absorptions as...

Industry expects Govt’s bold steps to tackle the economic challenge All eyes are on the upcoming Budget 2021-22, says recently appointed FICCI President Uday Shankar, noting the Government’s efforts to seek economic growth inducing ideas. Shankar made the comments on...

Capital required to support credit growth Public banks will need to raise additional capital of up to Rs.430 billion next year as they have call options falling due on the alternative tier-1 (AT-I) bonds totalling Rs 233 billion during FY...

Facility’s R&D will work on eco-friendly packaging solutions Indore’s PackUniverse International will be investing $6 million in the first phase construction of a state-of-the-art manufacturing facility in Ontario to produce integrated export and domestic packaging solutions for the Canadian manufacturing...

AI-based security project completed for Saudi Arabia Bangalore-based CronJ, a next-generation global technology firm, has invested in the UAE to cater Artificial Intelligence (AI) initiative of the GCC regional markets, especially UAE strategy for AI, a major initiative in the...

Ease of doing business improves the investment climate Rajasthan has become eligible to mobilise additional financial resources of Rs.2,731 crore through Open Market Borrowings on being recognized as the sixth state in the country to have undertaken “Ease of Doing...