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FIPB clears 21 FDI projects

General

16 September, 2014

FIPB clears 21 FDI projects

Foreign Investment Promotion Board today cleared 21 proposals including that of Bharti Shipyard, but turned down the Sistema Shyam's request ......

TCG to buy West Bengal government's 40% stake in Haldia Petrochemicals for $280M

Infrastructure

15 September, 2014

TCG to buy West Bengal government's 40% stake in Haldia Petrochemicals for $280M

The West Bengal government has decided to transfer its shareholding in favour of Purnendu Chatterjee's TCG, which was also a ......

JSW Steel is in race to acquire Italy's Lucchini for around $100M

Commodities

15 September, 2014

JSW Steel is in race to acquire Italy's Lucchini for around $100M

Private steel major JSW Steel is planning to acquire Italy's Lucchini SpA for less than USD 100 million and start ......

Singapore's distressed assets fund SSG Capital buys 49% of Asset Care

General

12 September, 2014

Singapore's distressed assets fund SSG Capital buys 49% of Asset Care

Asset Care and Reconstruction Enterprise has sold 49 per cent stake to Singapore-based SSG Capital Management Pte Ltd for an ......

Govt says to launch infra projects worth $33B this year

Infrastructure

12 September, 2014

Govt says to launch infra projects worth $33B this year

After launching highway projects worth Rs 1.5 lakh crore that were stuck on account of various regulatory hurdles, the government ......

Govt plans to merge existing state sponsored urban housing projects

Infrastructure

12 September, 2014

Govt plans to merge existing state sponsored urban housing projects

With the target of providing of providing houses for all by 2022, a new integrated National Housing Mission will be ......

French major Alstom accused of bribery in Delhi Metro project

Infrastructure

11 September, 2014

French major Alstom accused of bribery in Delhi Metro project

British authorities have taken the UK subsidiary of French train and turbine maker Alstom to court over alleged bribery charges ......

Telecom industry in India is a mess, says Vodafone India chief

TMT

11 September, 2014

Telecom industry in India is a mess, says Vodafone India chief

Telecom industry in India is in a mess and it is a result of thinking that more the competition better ......

NABARD launches $820M rural credit fund

General

11 September, 2014

NABARD launches $820M rural credit fund

The National Bank of Agriculture and Rural Development (NABARD) today launched a Rs 5,000-crore rural credit fund aimed at increasing ......

Govt clears stake sale in Coal India, ONGC, NHPC; may garner over $7.2B

Infrastructure

11 September, 2014

Govt clears stake sale in Coal India, ONGC, NHPC; may garner over $7.2B

Government today cleared 5 per cent disinvestment in oil major ONGC, which may fetch the exchequer about Rs 18,000 crore.According ......