Investment

SEZ investments Sitharaman, inaugurating an industry event, says SEZ's investment totalled Rs.406,690 crore. Special economic zone (SEZ) investment totaled Rs.406,690 crore as at 30 September 2016, Commerce and Industry Minister Nirmala Sitharaman said in a written reply in Lok Sabha...

FDI US$310.76bn India has received US$310.26 billion in foreign direct investment (FDI) between April 2000 and September 2016, according to data compiled by the Department of Industrial Policy and Promotion. The FDI inflow was US$21.62 billion in the first half...

Novaris plans facility King says Novaris will set up joint venture manufacturing facility in India. Australia’s Novaris Pty Ltd plans to produce its signal and power protection products in India through its partner Process Technique Electronic Ltd based in Bengaluru...

Tata Power diversify K. Chandrasekhar, ED & CEO, MPL along with his team at MPL comprising of Rakesh J Singh, Sriballav Singh, and Boban Chacko, received the award from Mr R Mukundan, Co-Chairman, CII Institute of Quality on Dec 1,...

CleanMax invests Mumbai-based CleanMax Solar will invest Rs.1,200 crore in 2017-18 to set up a 200-MW solar plant in Karnataka as part of its 400-MW plan. In March this year, the Roof Top Solar company has commissioned a 30 MW...

JICA grant for Yamuna The Ganga Rejuvenation programme has received strong interests from several countries with offers of knowledge/technology sharing, capacity building, research & development, sharing of experiences, expertise & best practices. The government has also released a Rs.496.90 Crore...

US$30bn opportunities India’s capital goods manufacturing sector offers US$30 billion (Rs.2 lakh crore) business opportunities a year, including the global original equipment manufacturing (OEMs), said Abhishek Agrawal, Associate Partner of McKinsey & Company, in Mumbai on 1 December 2016. “Despite...

Jungle Ventures snap US$100m Singapore's Jungle Ventures, supported by Ratan Tata, has closed its second fund on target at US$100 million, ten times larger than its first fund raised in 2012. This has established it as one of the largest early...

Bright prospects in education Business prospects are bright across India’s education sector, ranging from e-learning to doctorate courses, industry experts said during the international awards presentation held by Singapore-based Business Excellence & Research Group (BERG). Specialists are working out programmes...

Tackling housing challenge Mehra applauds the government's well designed scheme to tackle housing challenge. India’s housing challenge is too big but the government is seriously tackling it with schemes such as “Housing for All” for the rural region and dedicated...