Investments
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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
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
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
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
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
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
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
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
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
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).
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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
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.
ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri
29 Jul 2024
Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.
GAIL to invest Rs60,000 cr for setting up a 1,500-KTA ethane cracker in MP
17 Jun 2024
GAIL (India) Limited plans to invest around Rs60,000 crore to set up a 1,500 KTA ethane cracker, perhaps the largest in India, at Ashta in Sehore district of Madhya Pradesh.
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India, Nigeria agree on local currency settlement system
06 May 2024
The second session of the India-Nigeria Joint Trade Committee (JTC) held in Abuja, capital of Nigeria, on Friday, agreed to finalise a local currency settlement system for bilateral trade and investment.
Elon Musk to visit India as govt tweaks FDI rules for space sector as well
23 Apr 2024
Elon Musk, CEO of tech enterprises Tesla, SpaceX, Starlink and X, has confirmed his India visit next week after the Indian government notified amendments to foreign investment rules in space sector, allowing 100 per cent FDI in satellite-related ventures.
DP World to build modern container terminal near Kandla Port
18 Mar 2024
Dubai-based infrastructure major DP World will construct a mega container terminal at Tuna Tekra, DPA, Gujarat, under a concession agreement signed with the Deendayal Port Authority, Kandla.
Tata Motors to invest Rs9,000 crore in new Tamil Nadu facility
14 Mar 2024
Tata Motors has proposed to invest Rs9,000 crore for setting up a new automobile manufacturing facility in Tamil Nadu over a 5-year period.
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
JSW Group to invest Rs40,000-cr for creating an EV manufacturing ecosystem in Odisha
11 Feb 2024
JSW Group has entered into a memorandum of understanding (MoU) with the Odisha government for establishing an integrated electric vehicle
Tatas, Airbus to jointly set up helicopter assembly unit in India
26 Jan 2024
Airbus Helicopters is partnering with the Tata Group to establish a final assembly line (FAL) for Airbus’ H125 helicopter in the country.
CCEA approves CIL’s coal-to-gas-and-ammonia projects; incentivises coal gasification
25 Jan 2024
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Coal India Ltd’s (CIL) proposals for equity investment in a coal-to-synthetic natural gas (SNG) project
Avaada to invest Rs40,000 cr across 6 GW wind-solar projects in Gujarat
19 Jan 2024
Green energy producer Avaada Group has committed investments of an aggregate Rs40,000 crore in Gujarat to set up hybrid wind-solar projects with a total installed capacity of 6,000 MW (6 GW).
Modi dedicates 3 major projects at Cochin Shipyard to nation
17 Jan 2024
Prime Minister Narendra Modi today inaugurated three major projects at the Cochin Shipyard Ltd, involving total investment of Rs4,000 crore.
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COP28 explained: A closer look at COP28's climate change solutions
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The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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