Energy
In a sign of increasing the economic and investment ties between New Delhi and Beijing, China’s president Xi Jinping, who is scheduled to start his India visit from September 17, is likely to sign major investment deals in industrial parks, infrastructure, energy and railways sectors. Chinese embassy officials in New Delhi said, Xi is expected [...] Continue Reading »
During Prime Minister Narendra Modi’s visit to Japan, GMR Infrastructure signed a memorandum of understanding to provide financial assistance to Japanese companies investing in infrastructure projects of the GMR Group. According to a statement, the objective of this MoU is to provide low-cost, long-term financing for infrastructure projects that involve Japanese companies. These could be [...] Continue Reading »
Business chambers of India and Japan have formed groups to focus on specific sectors like infrastructure, energy and skill development. This move was taken anticipating that it will enhance bilateral trade. They are working towards removal of any bottlenecks by talking to the respective governments. The decision was taken during a meeting of the Japan- [...] Continue Reading »
The cost of land has soared in the last few years and this has totally altered the economics of the greenfield projects in India. Till the early 2000s, land was available in many parts of the country at Rs 50,000 or less an acre. Today, that base figure is probably Rs 5 lakh. Even the tier [...] Continue Reading »
Tata group expects to achieve market capitalisation comparable to the world’s top 25 companies. And in order to achieve that the group has decided to invest USD 35 billion in the next three years as a part of its vision 2025. Tata group Chairman Cyrus Mistry mentioned about this while addressing the Tata group’s Annual Leadership [...] Continue Reading »
The month of April saw major acquisitions and mergers happening across many indian companies, and to say $6.9 billion which came from forty nine deals, and the big boss Sun Pharma, is a very big deal would be justified. In the market of mergers and acquisitions, there were around forty two deals worth $1.8 billion [...] Continue Reading »
IDFC is prepared with a “Plan B” just in case it does not make it to the list of winners for a license from the Reserve Bank of India to start a bank. This also means diversification into housing finance and retail lending business. Speaking on this Group Chief Financial Officer, IDFC, Mr. Sunil Kakar, [...] Continue Reading »
Hinduja Group today said it would invest a billion dollars (about Rs 6,200 crore) across sectors like real estate and media in the country. He told reporters here on the sidelines of Auto India, “We are looking for various opportunities. Recession is the time when you can break opportunities to invest.” He further added, “We [...] Continue Reading »
Haryana Renewable Energy Development Agency (HAREDA) has announced this year’s energy conservation award scheme to the successfully managed commercial and industrial institutes to make efficient use of alternative energy sources, to grant a monetary prize. This October, the HAREDA will be announcing the names of the winners and runners-up for the energy conservation awards, later [...] Continue Reading »
