Investment

Global technology and engineering company Emerson (NYSE: EMR) has signed multiple contracts totaling US$12 million with India’s largest commercial oil company, Indian Oil Corporation Limited, to modernize operations and emissions programs at the company’s refineries.

Insurance Regulator and Development Authority of India (IRDAI0 Chairman Dr Subhash Chandra Khuntia has urged health insurance companies and healthcare providers to upgrade their standards and adopt ethical practices to provide access, equity and quality services to the people on...

The Government has approved Surat Metro Rail Project with two Rail Corridors of combined 40.35 km length.

The Indian and Saudi Ministers have reviewed various Saudi investment proposals in the Indian oil and gas sector, including the urgent steps to be taken to expedite the implementation of a US$44 billion refinery and petrochemical complex.

The Prime Minister, Narendra Modi, has launched various development projects and flagged off the Noida City Centre – Noida Electronic City section of Metro through video link.

Projects by reputed developers in the National Capital Region (NCR) have been successful, said real estate veteran Anuj Puri, dismissing misconception of poorly performing properties.

The Government has approved Strategic Disinvestment of 100% GOI shares in Dredging Corporation of India Limited (DCI) in favour of a consortium of 4 ports, namely, Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust.

The Cabinet Committee on Economic Affairs has given its approval for extension of time and scope for revival and development of un-served and under-served air strips of State Governments, Airports Authority of India (AAI), Civil enclaves, CPSUs, helipads and water...

The Cabinet has approved Delhi Metro's Phase-4 project, covering 61.679 km route, of which 22.359 km will be underground with 17 stations and the rest elevated with 29 stations.

Singapore teleco, Singtel, and the Government of Singapore Investment Corporation (GIC) are supporting Bharti Airtel Rs.250 billion (US$3.5 billion) rights issue.