NIP anticipates an investment of Rs 111 lakh crore in infrastructure projects by the year 2024-25. Recently, Union Minister Nitin Gadkari said that there are huge investment opportunities for India, especially in its vibrant infrastructure sector, where projects worth Rs 44 lakh crore are being implemented as part of the …
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India foresees investments of around Rs 10 billion over three years to create infrastructure to use liquefied natural gas as fuel for long-distance transportation. This will also include the installation of 1,000 LNG stations. As a first step towards this, on Thursday, the major companies in the industry launched 50 …
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The Shapoorji Pallonji (SP) group will have to look for alternative ways to raise funds: sell its stake in the publicly traded subsidiary Sterling and Wilson, offer plots of land across India, or restructure project-level debt, among its options, after Tatas. upset their plans to the actions of Tata Sons. …
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US wireless provider Verizon Communications Inc and Amazon.com Inc can invest more than $ 4 billion in a stake in India’s Vodafone Idea Ltd, Peppermint newspaper reported Thursday, sending shares in the struggling Indian telecoms company up 10 percent. Vodafone Idea stake sale talks had been halted pending the outcome …
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The Adani group plans to adopt the hub and radio model and integrate its portfolio of Mumbai and six other smaller airports: Ahmedabad, Lucknow, Mangalore, Jaipur, Trivandrum and Guwahati, for which it has won development and operating rights in more than 50 one year lease. “We see our airport portfolio …
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[ad_1] Image for representation. A leading Indian government source involved in policy making said New Delhi will attempt to approve any investment proposal in a non-sensitive sector within 15 days when the stake being purchased is not significant. Reuters Last update: April 25, 2020, 11:29 p.m. IST India plans to …
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[ad_1] New Delhi: In a move seen as an effort to stop “opportunistic” acquisitions and acquisitions of Indian businesses by Chinese establishments amid the global economic crisis caused by the Covid-19 pandemic, the government on Saturday changed its policy. Foreign Direct Investment (FDI) prohibit investments through the automatic route from …
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