Investments
RBI panel recommends handholding of MSMEs
26 Jun 2019
The committee wants the government to make it mandatory for PSUs/government departments to procure the mandated 25 per cent from MSEs through the GeM portal and further develop the portal as a full-fledged market place for MSE sellers
RBI panel suggests doubling Mudra loan ceiling for MSMEs to Rs20 lakh
19 Jun 2019
The revised loan limits would be applicable to more units once the government approves the proposal for a turnover-based criteria that has been set at Rs5 crore for micro units, up to Rs75 crore for small units and up to Rs250 crore for medium enterprises
Adani Group proposes Rs12,000-cr investments in TN
24 Jan 2019
Public sector Indian Oil Corporation Ltd also announced plans to invest Rs16,641 crore across various projects in the state, taking first-day investment proposal at the global investors summit to over Rs28,000 crore
Numligarh Refinery to treble capacity to 9 MMTPA
16 Jan 2019
PM launches 81 projects worth over Rs60,000 cr in UP
30 Jul 2018
The projects, announced in the run up to critical elections in three states, involve an investment of over Rs60,000 crore, which UP minister for Industries Satish Mahana says have the potential to create over two lakh new jobs
UAE to allow 100% FDI; offer 10-year residency visas for exceptional talents
22 May 2018
At present, foreigners generally cannot own more than 49 per cent of any UAE firm unless it is incorporated in a special "free zone"
Macquarie JV wins first toll-operate-transfer contract with Rs9,681.5-cr bid
01 Mar 2018
Macquarie’s winning bid is around 29 per cent higher than the second-highest bid placed by Canada’s Brookfield and exceeds National Highway Authority of India’s own expectation of Rs6,258 crore by one-and-a-half times
Karti Chidambaram arrested in INX Media money laundering case
28 Feb 2018
The INX Media case has been alive since January 2008 when the Financial Intelligence Unit (FIU-IND) flagged the foreign direct investment of over Rs305 crore by three Mauritius-based companies in INX Media Pvt Ltd