Investment

Tata Power focuses on renewables Tata Power will increase its renewable energy footprint to 30-40 per cent of the total 20,000-MW capacity it aims to build and operate by 2025, said its chief executive and managing director Anil Sardana. Tata...

Angel Investment Tax Arun on impact of Angel Investors tax. Let’s correct angel investment tax on start-ups, writes Arun M Viswanath, a CEO at Gyalizo KE, a Chennai-based consultancy. In these times of great excitement to push forward the startup movement...

OCP-Kribhco JV OCP and Kribhco after signing the joint venture. OCP and Kribhco are entering into a 50:50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh. The US$230 million will have an annual production...

Essar's US$10.9bn sales   India's Essar Group has sold 98 per cent of its stake in Essar Oil Ltd (EOL) to a Russian led buyers' group for US$10.9 billion, the biggest deal involving an Indian business. The deal was done...

Russia's big deals Modi and Putin meeting in Goa on October 15, 2016. Russia, a long-standing friend of India, has signed key agreements on October 15, 2016, accelerating India’s industrialization programmes. The deals were signed in Goa during meetings between...

German participation in port rails India and Germany will work together on projects worth Rs.1 Lakh Crore being implemented by the Indian Port Rail Corporation Ltd (IPRCL) which is specifically set up to build rail connectivity with Indian ports. The...

Singapore office for Indian market California-based Gunderson Dettmer Stough Franklin Villeneuve Franklin & Hachigian, LLP has opened an office in Singapore which will service clients in India and South East Asia. “We have been working with emerging growth companies and...

Support MSMEs Sitharaman addressing the First BRICS Trade Fair on Oct 13, 2016. India has taken a lead on the Macro, Small and Medium Enterprise (MSME) sector, lending financial and technological support in the current weak global economic environment. “We...

Work starts on GAIL pipeline GAIL has ordered 345-km natural gas pipeline laying work from Phulpur to Dobhi under phase-IB of the 2,539-km Jagadishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline (JHBDPL). Costing about Rs.306 crore, the pipeline’s two-section are to be executed simultaneously by...

GAIL's new PE GAIL starts PE production. GAIL (India) Limited has started its first UNIPOL™ PE Process line with the capacity to produce 400,000 tons of polyethylene (PE) per annum at the 810,000 tons per annum petrochemical plant at Pata...