The highest cap for the capacity would be 2 GW and can be set up in tranches at whatever location the project developer deems fit.
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
The plane lost contact with air traffic control officials and landed in Mumbai after around four hours.
The infrastructure pack has been running up. Examining the fundamentals and technicals, Vibhav Kapoor of IL&FS and technical analyst Rajat Bose discuss the infrastructure space.\n
The exercise provides an opportunity to practice freefall techniques with the highly-experienced Russian diving team.
Chocolate and confectionery maker, The Hershey Company, is finally set to enter the Indian market by acquiring the stakes in Mumbai-based Godrej Beverages and Foods.
North Korean leader Kim Jong Il apologized to Chinese envoy Tang Jiaxuan for the difficult position it had placed Beijing with its first nuclear test.
Almost 40 per cent of a durable company's sales are achieved during the festival season
India Infrastructure Finance Company has joined hands with Infrastructure Leasing and Financial Services to develop and finance 10,000 MW of power generation and transmission, entailing an investment of upto Rs 35,000 crore (Rs 350 billion).
To help the civil administration, air force under operation 'Hamsafar' pressed its load carrying fleet into service and ferried a total of 300 metric tons of food items from Jammu to Srinagar.
Of BSE 500 companies, promoters of 142 companies have pledged their holding.
At least a 25 basis points hike can be expected on the October 5 policy
Six Su-30MKIs and two Il-78 MKI mid-air refuelling aircraft will participate in the wargame.
While the IAF will field the Su-30s, the RAF will use its Tornado, Hawk and Typhoon combat jets, VC-10 tankers and AWACS in the exercise.
New York Stock Exchange, along with a group of global investment banks, including Goldman Sachs, are together picking up over 20 per cent stake in the country's leading stock exchange, the National Stock Exchange.
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'
The growth in employment has lagged far behind the world economic growth last year. Experts say this situation is not politically, socially or economically sustainable.
Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said.
Girish Nadkarni of IL&FS Investsmart discusses the new IPOs that came out this week. He says that Atlanta and ACE are the better investment bets currently in the market. However, the investor interest is not very high in Deep Industries.
'If credit is not available, people will postpone buying. That's what has happened.'
The IP & Science business of Thomson Reuters has announced its 2013 "Nobel-class" Citation Laureates on Wednesday, which names 28 researchers representing 22 distinct academic and research organisations, and six different countries.
The Phalcon radars, developed by Israel, would be fitted in Russian-built planes.
Indonesian Taufik Hidayat pulled off one of the shocks of the Asian Games badminton competition, beating world number two Lee Chong Wei in the men's singles final.
In a major deal in the FMCG sector, Godrej Beverages and Foods Ltd is all set to acquire Chittoor-based Nutrine Confectionery Company Ltd for around Rs 270 crore (Rs 2.7 billion).
The Mumbai Mantra: Cinerise Screenwriting Programme started on August 9.
Goalkeeper Akihiro Hayashi emerged the hero by saving two spot-kicks as Japan upset defending champions South Korea 3-2 in a sudden death tie-breaker to move into the final of the AFC Youth championship.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
Jong Chol Min and Kim Kum IL scored two goals each in the Group 'C' AFC Youth Football Championship match in Bangalore.
The high commissioner was recalled for refusing visas to some people of the Indian community there.
"North Korea is looking for trouble. If China decides to help, that would be great. If not, we will solve the problem without them! USA," Trump tweeted, toughening his stance on North Korea.
Braving three minor hurricane storms en route, the aircraft carrying Indian relief landed at the Little Rock Air Force base in the US on September 13