Investment

Over 95 Energy Ministers are expected at PETROTECH-2019, the 13 International Oil & Gas Conference & Exhibition, being organised under the aegis of the Ministry of Petroleum & Natural Gas, on 10-12 February 2019.

Minister for Road Transport and Highways, Nitin Gadkari, has requested World Bank to prepare total transport vision for India.

The Defence Acquisition Council (DAC) has approved indigenous construction of six submarines for the Indian Navy at a cost of over Rs. 40,000 crores.

Kyrgyzstan and India are considering establishment of joint financing mechanisms to accelerate two-way investment and trade in a wide range of areas including energy, IT, mining, textiles, education, medical and pharmaceutical sectors.

The Indian Government has signed a contract for construction of two ships with Goa Shipyard Ltd, with scheduled delivery in June 2026 and December 2026, respectively.

The Securities and Exchange Board of India (SEBI) has proposed a new set of framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in order to provide flexibility to the issuers in terms of fund raising and...

India Life Sciences Fund has raised US$250 million for its third growth capital fund for the healthcare and pharmaceutical sector from America and European Investors.

Petroleum & Natural Gas Ministry has received overwhelming response to Discovered Small Fields (DSF) Bid Round-II with 145 e-bids submitted by 39 companies for 24 contract areas on offer which includes 58 oil/gas discoveries.

Thane’s Ducon Infra-technologies Limited continues to submit new bids and revise previously submitted proposals for its Flue Gas Desulfurization (FGD) systems required for power plants and industrial boilers.

Vedanta Resources Ltd has committed another Rs.60,000 crore investment in India in the next three years and Rs.8,500 crore to expand its mining and allied operations in South Africa.