China’s Huawei Evaluating Mobile Phone Manufacturing in India

China’s Huawei Evaluating Mobile Phone Manufacturing in India

China-based Huawei is evaluating ways to start production of mobile phones in India through contract manufacturing in association with Foxconn and is currently studying the business models and tax incentives. A delegation of Huawei, led by its India CEO Jay...
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Gammon India to Invest Up To Rs 675 Crore in Gammon Power Ltd

Gammon India to Invest Up To Rs 675 Crore in Gammon Power Ltd

New Delhi: Construction and engineering major Gammon India today said it will make a further investment of up to Rs 675 crore in its subsidiary Gammon Power Ltd (GPL). “The Board of Directors…has approved further investment in its wholly-owned subs...
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Mining Leases Approved for Adani’s $21.7-Billion Project in Australia

Mining Leases Approved for Adani’s $21.7-Billion Project in Australia

Adani’s plan to build one of the world’s biggest coal mines in Australia has been hampered time and again. Melbourne: Adani’s controversy-hit $21.7-billion (Rs 1.4 lakh crore at $1 = Rs 66.26) coal mine project in Australia on Sunday won...
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Raghuram Rajan’s New Mission: Getting Banks To Lower Your EMIs

Raghuram Rajan’s New Mission: Getting Banks To Lower Your EMIs

Raghuram Rajan has ensured that banks have to adjust their lending rates every month SMEs Raise Rs 290 Crore Through IPOs In 2015-16 The Reserve Bank of India (RBI) is embarking on an experiment to remove much of the discretion...
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Private Sector Investment To Show Improvement: Arun Jaitley

Private Sector Investment To Show Improvement: Arun Jaitley

Pinning hopes on various initiatives taken by the government to double farm income in the next five years, Finance Minister Arun Jaitley said this would push up rural demand and revive private investments. New Delhi: Private sector investments will show...
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Power Grid Board Nod for Rs 3,324 Crore Investment Proposals

Power Grid Board Nod for Rs 3,324 Crore Investment Proposals

New Delhi: Power Grid Corporation of India (PGCIL) on Monday said its board has given approval to investment proposals worth Rs 3,324 crore, including generation projects worth Rs 845 crore in Odisha and a Rs 810-crore solar park in Karnataka....
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