Investment

Proceeds to part finance expansion of yard projects. Cochin Shipyard's dock. Cochin Shipyard has raised Rs1,442 crores from the Initial Public Offer (IPO) which has been a combination of fresh issue and offer for sale in the ratio of 2:1....

GEF Trust Fund to help strengthen institutional capacity. India has signed a Global Environment Facility (GEF) Grant Agreement with the World Bank for US$24.64 million for “Ecosystems Service Improvement Project”. The agreement was signed in New Delhi on 16 August...

Public Banks' NPAs continue to increase. Banks in India were confident that the recent amendment to the Banking Regulation Act will help them with Non-Performing Assets (NPAs) resolutions, according to a survey. However, NPAs continue to increase, adding to the...

Study calls for Rs.25,000 crore skill budget under. The Indian Government should take core elements of skill development from various ministries and pool them under single minister with a budget of about Rs.25,000 crore, an industry study has suggested. Despite...

Industry gets fundings and initiatives support.   HAL jets and helicopter. Manufacturing of heavy-duty defence hardware in India is gaining momentum with the government accelerate supporting initiatives. Among the leading manufacturers is Hindustan Aeronautics Limited (HAL) which is making Sukhoi-30...

India prepares to host international manufacturers India’s defence sector is set to require an ever-increasing number of specialised advanced educational and training programmes as the country moves towards a more self-reliant status for the production of defence products and services....

58 projects approved under Sagarmala Programme. The India Register of Shipping - leading in classification of vessels. A Master Plan has been formulated for 12 major ports which includes 142 port capacity expansions, costing Rs.91,434 crore, and 884  million ton...

41 of Namami Gange Programme completed. The Indian government has withdrawn US$91.26 million till now from the World Bank sanctioned US$1 billion loan for projects on the main stem of Ganga river, Lok Sabha was told on 10 Aug 2017....

Land parcels are available for manufacturing units.   Pune, a technology driven real estate market, is witnessing increased traction in the Industrial sector. Reducing average vacancy levels and a supply crunch in all preferred micro markets has led to decrease...

But everything is not hunky dory, report. Recent reforms have put India in a position to achieve faster and sustainable growth over the next few years, but policymakers face challenges in handling non-performing loans and reviving private investments. This is...