Investment

East Coast Economic Corridor (ECEC) development to get US$250M in 2017-19. The #Asian Development Bank (ADB) is to lend US$400 million to India’s #East Coast Economic Corridor (ECEC) development in 2017-19. It will lend US$250 million to Phase 1 of...

Health project will benefit people in hills India has signed a US$100 million financing agreement with the World Bank for the "Uttarakhand Health Systems Development Project" on 25 March 2017. The State government will provide US$25 million of the total...

Amazon to invest US$515m Badal (in the centre) addressing the press conference on FDI proposals in the Food Processing sector, in New Delhi on March 23, 2017. Badal is joined by the Minister of State for Food Processing Industries, Niranjan...

NTPC's green masala bonds NTPC is staying green with 32-GW renewable projects. National Thermal Power Corporation Ltd (NTPC) has raised Rs.2,000 crore through issuance of green masala bonds in overseas market for financing renewable energy projects. It is part US$4...

Improved prices to boost expansion ONGC facility. Indian oil and gas companies are likely use their improved cash flows from market-linked fuel prices to expand their asset base and enhance operational quality. That's according to report, titled "Can India's Oil...

Posco gives up on Odisha steel plant The CEO POSCO, Kwon Oh-Joon calling on the Prime Minister, Narendra Modi, in New Delhi on 20 January 2015. South Korea’s #Posco has virtually ended its project to build a steel complex in...

India-Russia infra fund Minister Sitharaman lighting the lamp at IESS 2017. India and Russia are setting up a US$1 billion fund to promote mutual investments in infrastructure and technology projects. #Russian Direct Investment Fund (RDIF) would provide US$500 million and...

Russia-India works on deeper defence ties Jaitley Manturov discuss defence ties. #Defence Minister Arun Jaitley has called on Russia to work for deeper bilateral engagement in defence production for manufacturing of parts and sub systems which are needed in large...

Ministers discuss Indian-Russian trade Russian Minister of Industry and Trade Denis Manturov meets Sitharaman, in Chennai on 16 March 2017. Indian and Russian ministers have discussed a host of bilateral issues including the  Bilateral Investment Treaty between the two countries...

TIES launched for exporters Sitharaman launches TIES scheme, in New Delhi. #Commerce and Industry Minister Nirmala Sitharaman has launched the #Trade Infrastructure for Export Scheme (TIES) on 15 March 2017, addressing the needs of the exporters. Sitharaman said the focus...