Leading biotech firm, Biocon Ltd, on Tuesday said it would invest $10 million (about Rs 45 crore) in the next 12 months to expand its facilities.
Reliance Industries on Monday said its city gas would be cheaper by almost 33 per cent compared to liquefied petroleum gas being supplied by oil PSUs.
In comments that may be seen as pointers to the forthcoming Budget, a senior government official said that raising tax rates was no more an option.
'Price spike shaved 1 percentage point off GDP growth'.
India on Monday said that gas imports from Iran by pipeline passing through Pakistan was indispensable to its economic growth and will enter into trilateral dialogue on the pipeline early next year.
The India Economic Summit which would deliberate on ways to enhance India's competitiveness and present the country's perspective to the business world, would begin in New Delhi from November 27-29
On the back of growing clout of the Indian IT sector, domestic giants Tata Consultancy Services, Infosys and Wipro may soon join the league of top 10 most valued firms globally in terms of market capitalisation in the next 2-3 years.
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
This and many more issues related to India's growth will be deliberated at the 22nd edition of the India Economic Summit, to be held here from November 26 to November 28
Further telecom tariff reduction is on the anvil as department of telecom is in the process of issuing direction to the Telecom Regulatory Authority of India to come out with the revenue-share based access deficit charge.
Ranbaxy Group company Fortis Healthcare Ltd on Monday said it plans to have 25 hospitals across the country in the next three years and is looking into the possibility of tapping the capital markets for expansion.
India will step up efforts to find new oil and gas fields as the country's largest oil producer Oil and Natural Gas Corporation expects output from its existing fields to drop sharply in next few years.
The 20th India Economic Summit, the annual event organised by the World Economic Forum and Confederation of Indian Industry, will see a large turnout of foreign investors and delegates this year.
Setting the bar high for 10 per cent growth, Prime Minister Manmohan Singh on Tuesday promised to explore FDI in retail, sort out problems in power sector and work for a flexible labour market.
The summit would be held from November 4-6.
The government will come up with a legislation, which will have a fiscal package, including a 20-year income tax holiday for special economic zones, by December end, a top government official said on Tuesday.
UB Group's Kingfisher Airlines, which is scheduled to launch domestic operations from April next, would sign a deal with European aircraft manufacturer Airbus Industries for supply of 14 aircraft in Mumbai on December 18.
The 20th India Economic Summit to be held in New Delhi later this year will showcase India's advances and accomplishments in integrating with the global economy
Pakistan should draw a red line whether it wants to talk to the Government of India or those who want to break India, Defence Minister Arun Jaitley said on Wednesday asking it to make a "conscious" choice without which a dialogue is not possible.
The terrorists opened fire on the army camp at Langate in Kupwara district at around 5 am, which was retaliated by the jawans, a senior army officer said.
Top 10 trends for 2015 are deepening income inequality; jobless growth; lack of leadership; rising geostrategic competition; weakening of representative democracy; rising pollution in developing world; rising occurrence of severe weather events; intensifying nationalism increasing water stress and growing importance of health in the economy.
Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
It is the six per cent target RBI is more concerned about.
Jaitley also said the government will soon unveil reforms for other natural resources sectors along the lines of coal block auctions.
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
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