Projects

The work on the contracts for first priority design works is in progress for setting up two additional units of 1,000 MW each at Kudankulam in Tamil Nadu (Kudankulam Nuclear Power Plant, KKNPP-5&6 - 2X1000 MW).

While consolidation has been an ongoing phenomenon for some time in India, recent mergers, acquisitions and joint developments are underscoring this trend like never before, writes Shobhit Agarwal, MD & CEO - ANAROCK Capital.

WNS (Holdings) Limited (NYSE: WNS) has announced its strategic contract win with the newly formed US$1.8 billion capitalized Convex Group Limited, an international specialty (re)insurer based in the UK and Bermuda led by renowned insurance leaders Stephen Catlin and Paul...

India must enhance its value proposition and build a supportive infrastructure to double the foreign tourist arrivals (FTA) in the country, said a Federation of Indian Chambers of Commerce and Industry (FICCI) knowledge paper.

The ASSOCHAM has expressed concern about Karnataka Government’s move to clamp a five-year ban building of apartments due to water crisis, citing its impact on the construction industry.

The Federation of Indian Export Organizations (FIEO) has urged the Government to provide a 200% tax deduction for Research and Development (R&D) investment and product innovation as the sector face long gestation activity with uncertainty.

FICCI President Sandip Somany has highlighted some of the key areas that the Government should consider in the third year of Goods and Services Tax (GST) implementation.

The Government is supporting a Rs.10,000 crore scheme for the electrification of public and shared transportation layout with the aim to have 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers during 2019-22.

The Indian food processing market is projected to reach Rs.50,571 billion by 2024, exhibiting a CAGR of 12.4% during 2019-2024. It was Rs.24,665 billion in 2018.

Investment Opportunity: With every passing year, the student housing segment is gaining ground among start-ups who want to expand the number of beds across India, writes Anuj Puri, Chairman - ANAROCK Property Consultants.