Government approves eight proposals of foreign direct investment (FDI) amounting to about Rs 34.77 crore
New Delhi: The Government of India has approved eight foreign direct investment (FDI) proposals amounting to Rs 34.77 crore (US$ 5.49 million), based on the recommendations of Foreign Investment Promotion Board (FIPB).
Chennai: Apollo Hospitals is set to take over the day care and short stay surgeries division of Nova Medical Centres, a Bengaluru-based chain of hospitals.
Mumbai: Indian airlines are projected to record a collective operating profit of Rs 8,100 crore (US$ 1.27 billion) in fiscal year 2016, according to Crisil Ltd.
Mumbai: Amazon Inc and Flipkart India will invest nearly Rs 2,300 crore (US$ 363.46 million) in the near term as they plans to acquire more customers in the country’s fast-growing online retail market.
Mumbai: Delhi’s Central Business District (CBD) of Connaught Place has been ranked as the sixth most expensive prime office market in the world with occupancy costs at US$ 160 per sq ft per annum, according to a survey by CBRE.
New Delhi: The foreign direct investment (FDI) inflows into India rose by about 25 per cent to record US$ 17.35 billion in the April-October 2014 period, as per Ms Nirmala Sitharaman, Union Minister for Commerce and Industry, Government of India. …read more Source:: http://www.ibef.org/news/fdi-in-india-jumps-25-percent-in-april-october-fy-14
New Delhi: The Indian mutual fund (MF) invested more than Rs 21,000 crore (US$ 3.29 billion)-on a net basis-in equity markets in 2014 and Rs 5.94 trillion (US$ 93.16 billion) in debt markets, the investments have been recorded at an all-time high, as per data released by Securities and Exchange …read more Source:: http://www.ibef.org/news/mf-investments-in-equities-debt-markets-in-2014-at-all-time-high
Mumbai: Larsen and Toubro Ltd (L&T) announced that its subsidiary, L&T Hydrocarbon Engineering (LTHE), has won an offshore contract worth Rs 894 crore (Rs 140.21 million) from Oil and Natural Gas Corp (ONGC). …read more Source:: http://www.ibef.org/news/l-and-t-hydrocarbon-engineering-gets-rs-894-crore-order-from-ongc
New Delhi: Over the past 15 months, New Gurgaon, which lies between Manesar and old Gurgaon, has seen a rise in investments in real estate projects by several private equity (PE) funds. …read more Source:: http://www.ibef.org/news/owing-to-infrastructure-development-new-gurgaon-sees-rise-in-pe-investors
Chennai: Va Tech Wabag, a Chennai-based water and waste water treatment company, has won a Rs 175 crore (US$ 27.49 million) order to build a sewage treatment plant in Valenzuela, the Philippines.