Investment

Kapoor calls for revision of PCPIRs International investors, who have stayed away from India’s chemical industry, have been told of the key manufacturing sector growing at 8% to 9% per annum with potential to grow much faster. Giving the industry...

Gadkari highlights Indian space technology The Sagarmala programme has identified projects requiring investment of US$100 billion by 2025, of which, about US$40 billion already stands spent, said Shipping Minister Nitin Gadkari. These are 6 new major ports, 150 projects to...

Gadkari-Grayling focus on sharing of expertise India and United Kingdom will soon sign an Memorandum of Understanding (MoU) in the urban transport sector for cooperation in policy planning, technology transfer and institutional organisation. This was discussed by the Minister of...

PM sees 800 million potential entrepreneurs Modi addresses the Global Entrepreneurship Summit-2017. India’s Start-Up India programme is a comprehensive action plan to foster entrepreneurship and promote innovation, Prime Minister Narendra Modi said at the opening of the Global Entrepreneur Summit...

Engineering drawing being verified The Prime Minister, Narendra Modi, with the Advisor to the President of United States, Ivanka Trump and leader of the US delegation, at the Global Entrepreneurship Summit-2017, in Hyderabad on 28 November 2017. Lockheed Martin will...

Finance Ministry clears Rs1.5 lakh crore investment Life Insurance Corporation of India has been cleared to invest Rs.1.5 lakh crore in the railways through bonds issued by the Indian Railway Finance Corporation (IRFC). On November 23, the finance ministry issued...

It notes infrastructure bottleneck The Asian Development Bank (ADB) will raise its funding to US$20 billion during 2018-22 to help accelerate inclusive economic transformation of India. The multilateral project lender has decided to provide loans up to US$4 billion on...

Sector gets 'infrastructure' status   The Confederation of Indian Industry (CII) has welcomed the setting up of Logistics division in the Commerce Ministry, pointing out that the sector needed recognition. “We are extremely delighted and sincerely thank the Government of...

Regulatory clearance sought for investments in litigation Batting for one-time solution for the vexed issue of ‘assured return’ on Private Equity investment, the ASSOCHAM is seeking a meeting between Finance Ministry officials and the global private equity funds so that...

Bid submission 30 Nov 2017 Ministry of Shipping has called tenders for setting up timber-based industries for the Paradip Smart Industrial Port City (SIPC) which is being developed as a logistics park. It has called E-Tender cum E-Auction for allotment...