AG to raise stake in SBI insurance joint venture to 49%
Mumbai: Insurance Australia Group Ltd (IAG) is set to raise its stake in its general insurance joint venture (JV) with the State Bank of India (SBI) from 26 per cent to 49 per cent.
Chhattisgarh to invest Rs 9500 crore for road upgradation
Raipur: Chhattisgarh plans to invest Rs 9,500 crore (US$ 1.51 billion) to upgrade 44 roads in the state. The project is expected to be completed in 21 months.
Delhi-Panipat NH-1 stretch to be expanded to eight-laned highway
New Delhi: The Delhi-Panipat stretch of NH-1 would be expanded to an eight-laned dedicated highway in the next three years. To meet the increasing demand of traffic growth, National Highway Authority of India (NHAI) is set to award this project on toll mode by this month-end.
Modi met Singapore’s deputy PM as well as former PM Goh Chok Tong. The city state has taken the lead in building smart cities – new capital of Andhra- as part of the Centre’s plan of developing 100 smart cities
Prataap Snacks looks to raise $50-70 million from PE investors
Mumbai: Prataap Snacks Pvt Ltd, plans to raise US$ 50-70 million from private equity (PE) investors to fund expansion. The company plans to use the money to increase manufacturing capacity and expand its geographical presence to tap growing demand for its products in a country where consumption of snacks …read more
