Investment

Mandaviya updates Rajya Sabha on port projects Visakhapatnam Port Trust (VPT) is deepening of channels and expanding berths as part of its plans involving private sector investments as well as investments from internal resources, With the completion of ongoing capacity...

License not required for parts-components manufacturing Offset guidelines have been made flexible by allowing change of Indian Offset Partners (IOPs) and offset components, even in signed contracts by Foreign Original Equipment Manufacturers (OEMs). The OEMs are now allowed to provide...

Initiatives welcome Employees to #OfficeAgain Embassy Office Parks REIT (NSE: EMBASSY/BSE: 542602), India’s first listed REIT and the largest in Asia by area, has received the Global benchmark certification from the British Safety Council for health and safety practices implemented...

Barauni plant to resume operation The Paradip-Haldia gas pipeline will now be further extended to Patna, Muzaffarpur and connected to the pipeline coming from Kandla which, to date, has reached Gorakhpur, Prime Minister Narendra Modi announced on 13 Sept 2020....

Over 900 Indian GCCs belong to US companies India has changed its perception from being a cost-center to an innovation center for Global Capability Centers (GCCs) over the years, Rajiv Kumar, Joint Secretary, Ministry of Electronics & IT (MeITY), told...

NTPC diversify portfolio NTPC has 3,800 MW capacity of power projects in the pipeline in Bihar, having already established 6,150-MW as part of the state development, said NTPC CMD Gurdeep Singh. “The growth of NTPC has played an instrumental role...

Indian pharma company wins US investment The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of 20% of the issued and paid-up equity share capital of Piramal Pharma Limited (Pharma Co.) by CA Clover Intermediate...

Time to innovate and reimagine, says Nair of JLL. Renewed interest from Non-Resident Indians (NRIs) and joint families are emerging in the Indian residential sector, according to an industry report. While there are certain uncertainties, the worst is behind for...

Pradhan wants innovation in fuel marketing The capital requirement for setting up of fuel retail outlets has been reduced from Rs.2,000 crore to Rs.250 crore, even allowing start-ups to take part in such businesses, Petroleum and Natural Gas Minister Dharmendra...

Rafale reflects India-France strategic relations Defence Minister Rajnath Singh has pitched for French investments in the Indian defence manufacturing sector, following the induction of Rafale jets on 10 Sept 2020. Many policy reforms have been initiated such as manufacturing of...