Investment

Badal announces financial assistance for 85 projects Twenty-seven projects were approved by the Inter-Ministerial Approval Committee (IMAC) meetings under the Scheme for Integrated Cold Chain and Value addition and 85 Cold Chain Projects have been considered for financial assistance across...

Joshi lists Rs.1.22 lakh crore plan Coal India Ltd (CIL) will invest over Rs.1.22 lakh crores on about 500 projects related to coal evacuation, infrastructure, project development, exploration and clean coal technologies. This was announced by Coal and Mines Minister...

Goyal invites US industries to work in India India is ready to sign a limited trade package to address issues of a trade agreement with the United States, said Commerce and Industry Minister Piyush Goyal, adding “it is up to...

India wants to enhance share and investment in the region Commerce and Industry Minister Piyush Goyal has highlighted that Japan’s procurement from India was limited despite its global imports being high with zero preferential tariffs. “Japan, it is seen that...

CIL plans three gasification plants India is investing Rs.4 lakh crore on gasification of 100 million tonnes of coal by 2030, Coal and Mines Minister Pralhad Joshi told a webinar on 31 Aug 2020. Coal Gasification and Liquefaction is no...

Long-term order book at Rs.550 crore Pitti Engineering is on track on its Rs.250 crore expansion to enhance installed capacity from the existing 36,000 MT to 46,000 MT for sheet metal components and from 247,600 hours to 405,600 hours for...

Invests Rs.1,200 crore in equity shares Reliance Retail Ventures Limited (RRVL is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration...

Gujarat to get a greenfield airport Chief Minister Vijaybhai Rupani has launched the new Gujarat Industrial Policy 2020 on 29 Aug 2020, inviting investors and announcing a greenfield airport. "We are upgrading and adding new capacities to our ports. We...

Acquisition to enhance DevOps competencies of Cloud4C Cloud4C, World's leading Cloud Managed Services Provider with presence in 26 countries and 52 locations globally has announced the acquisition of a majority stake in Shell ITES Solutions Pvt Ltd that specializes in...

Asset manager Carlyle Group invests in India The Competition Commission of India (CCI) has approved the proposed acquisition of compulsorily convertible preference shares and equity of Nxtra Data Limited by American investment group, Comfort Investments II. The proposed combination pertains...