Investments

JSW Group to set up 5 lakh tonne copper smelter in Odisha: report

JSW Group to set up 5 lakh tonne copper smelter in Odisha: report

21 Mar 2025

Sajjan Jindal-led JSW Group is planning to set up a 500,000 tonne per annum copper smelter in Odisha, with estimated investment of around Rs12,000 crore

Tata plans Rs27,000-cr electronics manufacturing unit, green energy investment in Assam

Tata plans Rs27,000-cr electronics manufacturing unit, green energy investment in Assam

28 Feb 2025

Tata Group is expanding its semiconductor investments in Assam with panned construction of large electronics manufacturing unit, involving an investment of Rs27,000 crore

STPI opens new incubation centre for AI startups in Kolkata

STPI opens new incubation centre for AI startups in Kolkata

22 Feb 2025

Software Technology Parks of India (STPI) on Thursday opened a new incubation facility at Kolkata’s Salt Lake, to provide support to innovation-led entrepreneurship and facilitate IT exports from the region.

Reliance arm to build 10 GWh Advanced Chemistry Cell capacity under PLI scheme

Reliance arm to build 10 GWh Advanced Chemistry Cell capacity under PLI scheme

18 Feb 2025

Programme Agreement Signed with Reliance New Energy Battery Limited for 10 GWh capacity under the PLI for Advanced Chemistry Cell (ACC) Scheme

Lam Research plans $1.2 billion facility for making chip manufacturing tools in India

Lam Research plans $1.2 billion facility for making chip manufacturing tools in India

13 Feb 2025

Lam Research, the US-based manufacturer of tools for making semiconductor chips, is investing over Rs10,000 crore ($1.2 billion) for setting up a manufacturing facility in Karnataka.

Govt to provide 60% guarantee on capital credit of up to Rs100 crore to MSMEs

Govt to provide 60% guarantee on capital credit of up to Rs100 crore to MSMEs

30 Jan 2025

National Credit Guarantee Trustee Company Limited (NCGTC) will provide guarantee of up to 60 per cent to member lending institutions for extending capital credit to micro

RIL signs MoU for Rs3.05 lakh crore investment in Maharashtra

RIL signs MoU for Rs3.05 lakh crore investment in Maharashtra

25 Jan 2025

Reliance Industries Ltd (RIL) will be investing a total of Rs3,05,000 crore in diverse sectors, including high-tech manufacturing, renewable energy, hospitality and retail, as part of its commitment

Reliance, Nvidia collaborate to set up world's largest data centre in Jamnagar

Reliance, Nvidia collaborate to set up world's largest data centre in Jamnagar

25 Jan 2025

Reliance Industries Ltd (RIL) is reportedly setting up a 3 Giga Watt data centre, the world’s largest so far, in Jamnagar

Microsoft to invest $3 billion in AI and cloud infrastructure in India

Microsoft to invest $3 billion in AI and cloud infrastructure in India

By Cygnus | 08 Jan 2025

Microsoft has announced plans to invest $3 billion in India over the next two years, focusing on artificial intelligence (AI), cloud infrastructure, and workforce skilling.

Govt to invest Rs187 cr in new Central Ayurveda Research Institute

Govt to invest Rs187 cr in new Central Ayurveda Research Institute

06 Jan 2025

The Central Ayurveda Research Institute at Rohini, New Delhi is set for a major expansion with a new state-of-the-art building to be constructed at the cost of around Rs187 crore.

Overseas claims on India’s financial assets down $19.8 bn at $348.5 bn in Q2 FY25

Overseas claims on India’s financial assets down $19.8 bn at $348.5 bn in Q2 FY25

02 Jan 2025

Net claims of non-residents on India declined by $19.8 billion to $348.5 billion during fiscal second quarter ended 30 September 2024

Musk’s Starlink will undermine India’s strategic and technological independence, says think tank

Musk’s Starlink will undermine India’s strategic and technological independence, says think tank

15 Nov 2024

Elon Musk’s Starlink constellation of satellites is another front of the American military industrial complex for getting direct access to people across the world

RIL to invest Rs65,000 cr in 500 biogas plants in Andhra Pradesh

RIL to invest Rs65,000 cr in 500 biogas plants in Andhra Pradesh

12 Nov 2024

Reliance Industries Ltd (RIL) will be setting up 500 plants to produce compressed biogas across Andhra Pradesh, at an estimated cost of Rs65,000 crore, over the next five years.

Govt sets up Rs1,000-cr venture fund for space sector projects

Govt sets up Rs1,000-cr venture fund for space sector projects

25 Oct 2024

The union cabinet on Thursday approved the setting up of a Rs1,000-crore venture capital fund exclusively for space sector initiatives.

Extended PLI scheme for AC, LED light components attract 38 investors

Extended PLI scheme for AC, LED light components attract 38 investors

15 Oct 2024

The Production Linked Incentive (PLAI) scheme for white goods (air-conditioners and LED lights) received 38 responses in its third round of on-line application window.

Tata Motors starts work on new TN factory for Tata, JLR vehicles

Tata Motors starts work on new TN factory for Tata, JLR vehicles

30 Sep 2024

Tata Motors on Saturday initiated work on a new manufacturing facility in Tamil Nadu that will produce next-generation vehicles for Tata Motors and Jaguar Land Rover (JLR).

Tata Electronics, PSMC sign tech transfer agreement for Gujarat chip project

Tata Electronics, PSMC sign tech transfer agreement for Gujarat chip project

27 Sep 2024

Tata Electronics on Thursday announced the completion of a technology transfer agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC)

Polar Semiconductor secures $123 m US funding for fab unit in Minnesota

Polar Semiconductor secures $123 m US funding for fab unit in Minnesota

25 Sep 2024

The US Department of Commerce on Tuesday announced the award of $123 million in direct funding to Polar Semiconductor, its first under the CHIPS incentives programme

India plans Rs5,00,000-cr sovereign wealth fund

India plans Rs5,00,000-cr sovereign wealth fund

09 Sep 2024

Government of India is planning to create a sovereign wealth fund with a likely corpus of Rs5,00,000 crore by pooling shares of public sector undertakings (PSUs)

India opens market for semiconductor companies in Singapore

India opens market for semiconductor companies in Singapore

07 Sep 2024

India will allow semiconductor companies in Singapore to expand activities into this country under a memorandum of understanding (MoU) signed in Singapore, on Thursday.

Adani-Tower joint venture to set up $10 bn semiconductor facility near Mumbai

Adani-Tower joint venture to set up $10 bn semiconductor facility near Mumbai

06 Sep 2024

Maharashtra government has accorded approval for a $10 billion joint venture semiconductor fabrication unit, to be set up by Adani Group and Israel’s Tower Semiconductor, inviting a legal challenge by ASMC Analg

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

03 Sep 2024

The union cabinet on Monday approved a proposal by Kayness Semicon Pvt Ltd for setting up a Rs3,300-crore semiconductor manufacturing unit in Sanand, Gujarat.

ONGC gets govt nod for Rs18,365-cr investment in ONGC Petro additions Ltd

ONGC gets govt nod for Rs18,365-cr investment in ONGC Petro additions Ltd

13 Aug 2024

Oil and Natural Gas Corporation (ONGC) has received approval from the ministry of petroleum and natural gas for its planned Rs18,365-crore investment in ONGC Petro-additions Limited (OpaL).

CIL, GAIL joint venture to produce synthetic gas through surface coal gasification

CIL, GAIL joint venture to produce synthetic gas through surface coal gasification

09 Aug 2024

Maharatna central public sector enterprises Coal India Limited (CIL) and GAIL (India) Limited on Monday signed a joint venture agreement for setting up a coal-to-synthetic natural gas (SNG) plant using surface coal

Tata’s semiconductor plant in Assam to be operational next year

Tata’s semiconductor plant in Assam to be operational next year

05 Aug 2024

Tata Group on Saturday conducted the ground-breaking ceremony for its Rs27,000-crore semiconductor factory in Assam, marking the commencement of construction of the facility.

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