Pharma giant Wockhardt group promoted Wockhardt Hospital will invest Rs 500 crore (Rs 5 billion) in four Greenfield projects in the next three-year for its ultra super speciality clinics to be built in Mumbai, Delhi, Bangalore, and Kolkata.
Bharat Forge on Saturday said the company would be investing over Rs 400 crore (Rs 4 billion) for a greenfield facility in India and set up development centres in foreign locations for product design and development.
Giving an idea of the scale of its ambitions, the four-month-old airline recently placed an order for 50 aircraft even as the sector is struggling.
Information technology firm Global Exchange Services on Tuesday said it plans to add about 50 people this year at its centre in Bangalore, which currently employs 150 people.
Lakshmi Venu, granddaughter of T S Srinivasan (TVS) and A Sivasailam (The Amalgamations Group), is managing director of Sundaram Clayton Limited (SCL) and director of TAFE Motors and Tractors Limited (TMTL).
The Council adopted the resolution proposed by France, the United Kingdom and the United States with 13 Council members voting in favour and Russia and China abstaining.
Experts point to the higher contribution of rural from the north for the growth reported by the region, a point endorsed by companies who've been pushing their presence aggressively there.
Glastonbury Festival is the largest greenfield music and performing arts festival in the world.
To counter the pandemic, air transport was suspended from March 25 till May 24 which rendered zero traffic at AAI airports. Even after resumption of flights, traffic is yet to pick up at airports due to quarantine measures implemented by states and an overall fear of flying.
Retailers can buy existing facilities if they spend $50 mn to create additional infra.
The government would try to minimise layers in FDI ceilings.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
India's largest information technology (IT) services provider, TCS, is setting up a greenfield business process outsourcing (BPO) centre in Ahmedabad that can house 2,000 people.
Here's a glimpse of all that happened around the world last week in images.
South Africa 'A' fast bowler Lungi Ngidi, on a comeback trail after injury, bowled Gill, who made a classy 90 in the first innings to leave India 'A' at 10 for one.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
A bench of Chief Justice N V Ramana and Justice Manmohan issued notice to Civil Aviation Ministry, DGCA and others and sought their response by October 30.
Anil Ambani will take over as the chairman of Pipavav Defence
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
The state presently has 17 airstrips and 16 helipads.
India's inability to set up new projects means older, inefficient companies reap windfall profits while new businesses will struggle.
The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country's first manufacturing-linked solar power plant of 8 GW.
Of the 100 cities 20 were to get funding in 2015-16.
The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.
Climate change is real, and we need, need, need to do something about it. That's why, on March 15, tens of thousands of students worldwide have decide to skip class to demand that elected officials act on this awful crisis. The move is inspired by 16-year-old climate activist Greta Thunberg from Sweden, who since last August has been striking outside the Swedish parliament building. She has been boycotting classes every Friday, demanding that her government step up the fight against climate change. Her message is simple: "Strike for climate". Take a look at the marches across the world.
The massive coal mine in Queensland state has been a controversial topic, with the project expected to produce 2.3 billion tonnes of low-quality coal.
New products being designed mainly for auto, oil & gas sectors; firm is raising Kalinganagar plant capacity from three mtpa to eight mtpa
Even as German airport developer Fraport AG is shutting its operations in India, deciding to sell its small stake in the Delhi airport, its competitor in Europe, Zurich Airport, is bullish on Asia's third-largest economy. The company is eying investments in the greenfield international airport projects at Navi Mumbai and Goa.
PSA Peugeot Citroen, France's largest car maker, has again revised its India launch plans, as it battles financial losses.
Ajit Singh writes a letter to Akhilesh Yadav asking him to send experts to Muthura for the airport.
The company also has plans to set up a 1.4 million tonnes per annum alumina refinery in Andhra Pradesh.
Terming the state "pride" of the country, Modi said it is the gateway of the nation as it guards the frontier. It is the duty of the government to develop the state at any cost, he said.
Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.
Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
With passenger growth pegged at 14 to 15 per cent, airport infrastructure could be a make or break business for both new players and incumbents.
In conversation with Shubhashish and Arijit Barman, Rakesh Arora, managing director and head of research, Macquarie Capital Securities (India) Pvt Ltd and among the most authoritative metal analysts in India, says companies should start taking environmental laws more seriously.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
