INVESTMENTS

  • India delays decision on iron ore licence for POSCO's $12 billion plant 2 days ago

    Bhubaneshwar: The government has again delayed a decision on permitting POSCO to mine iron ore, seeking more clarifications from Odisha where the South Korean company has waited nine years to set up a $12 billion steel plant. Former Prime Minister Manmohan Singh said in January that POSCO's request for a mining...
  • Madhya Pradesh presenting itself as a core for investment opportunites October 4, 2014

    From being a traditionally cultural hub, Madhya Pradesh is now presenting itself as a core for investment opportunities on the global stage. ...
  • Modi woos US CEOs, says India open-minded, wants change September 29, 2014

    New York: After addressing UN General Assembly on Saturday and Indian-American communities at Madison Square Garden on Sunday, Prime Minister Narendra Modi on Monday met top executives of American companies in New York. India is open-minded and wants change, Prime Minister Narendra Modi said on Monday during the Breakfast meeting. "India...
  • 'Private equity investments in India likely to touch USD 12 billion in 2014' September 28, 2014

    Port Louis (Mauritius): Private equity investment in India is likely to touch a staggering USD 12 billion in 2014 primarily on account of reform measures taken by the government at the Centre. In the first half of the year, private equity entities pumped in USD 6 billion in India. ...
  • Gold edges up on stray support, silver recovers September 27, 2014

    Mumbai: Gold prices gained modestly, in an otherwise lacklustre and cautious trade at the domestic bullion market owing to stray buying support. Elsewhere, silver recovered owing to renewed industrial buying. Standard gold (99.5 purity) moved-up by Rs 5 to close at Rs 26,760 per 10 grams from Friday's level of...
  • PM Modi launches 'Make in India' project, conquers hearts of corporates September 25, 2014

    Prime Minister Narendra Modi on Thursday launched his ambitious 'Make In India' campaign and said that his government's focus will be on physical infrastructure creation as well as creating a digital network for making India a hub for global manufacturing of goods. He urged industrialists to remain in India, assuring...
  • Narendra Modi seeks to crown global sales pitch with US tour September 25, 2014

    New Delhi: Prime Minister Narendra Modi will arrive in the United States on Friday aiming to woo corporate titans and crown a burst of investment-focused diplomacy, while marking a personal victory for a man who was for years unwelcome in the country. Modi, who was elected in May, will spend two...
  • India International Bullion Summit to be held in Mumbai September 23, 2014

    Mumbai: The second edition of India International Bullion Summit (IIBS) will be organised by the India Bullion and Jewellers Association on October 4-5. To commemorate its 66th foundation day, India Bullion and Jewellers Association Ltd (IBJA), the apex body of bullion and jewellery associations in the country, will host the...
  • Bullet News: Catch the day's top stories September 19, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Ananya Dasgupta September 19, 2014

    Catch the day's top stories with Ananya Dasgupta on India @ 9. ...
  • News 360: Xi Jinping wraps his first visit to India, will invest $20 billion September 19, 2014

    Chinese President Xi Jinping wraps up his first visit to India. Xi's landmark visit saw India and China reaffirm their commitment for mutual cooperation. China is investing $20 billion in India, and 12 agreements were signed on Thursday. ...
  • Is it time for India & China to move beyond border issues? September 17, 2014

    As India and China try to forge a stronger tie during the threeday state visit of Chinese President Xi Jinping to India, is it time for India & China to move beyond border issues? ...
  • IndoChina ties will change the world's outlook, says businessmen September 17, 2014

    In an interview to CNNIBN, businessmen commented on how IndoChina ties will change the world's outlook. "These talks are very vital. It is a big opportunity for us. One of the key discussions should be on investment," said a businessman. ...
  • Merino industries to set up new manufacturing plant in Gujarat September 14, 2014

    New Delhi: Merino Industries' readytocook brand Vegit is looking at setting up a new manufacturing plant in Gujarat with an investment of Rs 50 crore. The plant is expected to be operational by year 2017. "We are looking at a second manufacturing plant in Gujarat with an investment of Rs...
  • 5 states claim half of 4 years' investments in public sector September 7, 2014

    New Delhi: Five states, including Maharashtra and Tamil Nadu, attracted about half the total investment of Rs 550,000 crore by central public sector enterprises (CPSEs) between 200809 and 201213, the Associated Chambers of Commerce and Industry (Assocham) said. Andhra Pradesh, Odisha and Uttar Pradesh were among the top five investment destinations...
  • Japan aims to double India investment in 5 years: report September 1, 2014

    Tokyo: Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some $2 billion last year, the Nikkei business daily reported. Modi, on his first major foreign visit since a...
  • Japan aims to double India investment in five year September 1, 2014

    Tokyo: Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some $2 billion last year, the Nikkei business daily reported. Modi, on his first major foreign visit since a...
  • Malaysia seeks trade in investment, services with India August 30, 2014

    Kolkata: Malaysia has expressed keen interest in trade in both investment and services getting started as part of the IndoMalaysia Free Trade Agreement (FTA), an official of the Malaysian High Commission in India said. "Both India and Malaysia have agreed in principle that trade in investment and services will commence between...
  • Government notifies FDI liberalisation in Railways August 27, 2014

    New Delhi: The government on Wednesday notified the liberalised Foreign Direct Investment norms for the Railways, permitting 100 per cent FDI through automatic route in several areas, including high speed trains. Other segments of the Railways in which FDI will be allowed include suburban corridor projects through Public Private Partnership (PPP),...
  • British government planning on an enormous investment in India, says UK Deputy PM Nick Clegg August 27, 2014

    New Delhi: British Deputy Prime Minister Nick Clegg has hinted that the UK government is planning on making an enormous investment in India, especially in the areas of infrastructure and defence. In an exclusive interview to Network18, Clegg, who is in India for a 3day trade mission, has also...
  • PACL to move Tribunal against Sebi order August 22, 2014

    New Delhi: Facing a Sebi order with charges of running an illicit money pooling scheme worth about Rs 50,000 crore, PACL Ltd on Friday said it will approach the Securities Appellate Tribunal against the directive of the capital markets regulator. "Sebi has unfortunately failed to recognize the submissions of the company...
  • Sebi cracks down on Rs 50,000 crore moneypooling scheme August 22, 2014

    New Delhi: In its biggestever crackdown on a largescale illicit money pooling scheme estimated at nearly Rs 50,000 crore, regulator Sebi on Friday ordered immediate closure of unauthorised collective investment schemes run by PACL Ltd and refund of investors' money within three months. Besides, the capital markets regulator also said it...
  • The Appointment: Donald Trump discusses his investment plans in India August 17, 2014

    In an exclusive interview to CNBCTV 18, American business magnate Donald Trump discusses his investment plans in India, of investing in Mumbai and his take on Barack Obama. ...
  • AircelMaxis case: CBI planning to question Finance Ministry officials August 17, 2014

    New Delhi: CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to AircelMaxis deal even as it plans to file the first charge sheet in the matter this week. Making it clear that no suspects have been identified...
  • Tata Steel sees pickup in European steel demand August 14, 2014

    Mumbai: Tata Steel Ltd looked to reviving European demand and infrastructure investment by the Indian government to boost sales in coming quarters after posting higher sales but a drop in net profit for AprilJune on Wednesday. Net sales rose 11 percent to 361.43 billion rupees in the quarter to endJune, helped...
  • Want to invest in India through hospitality sector: Donald Trump August 13, 2014

    American real estate tycoon Donald Trump wants to invest more in India through the hospitality sector and said that he will enter the Indian hospitality sector at some point. The business magnate also opened up about his flamboyant lifestyle in an interview to CNBCTV18. ...
  • Arun Jaitley asks SEBI to guard against market violations August 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Sunday asked market regulator Securities and Exchange Board of India (Sebi) to be vigilant against possible market violations, while focusing more on attracting retail investors and addressing their grievances. "The minister advised Sebi to remain vigilant about probable violations in the market, focus more...
  • RBI revises guidelines on mortgage guarantee companies August 8, 2014

    Mumbai: The Reserve Bank on Friday revised guidelines for mortgage guarantee companies and said that guarantees provided by them may be treated as contingent liabilities, for which credit conversion factor would be 50 per cent. "While calculating capital adequacy of MGCs, mortgage guarantees provided may be treated as contingent liabilities and...
  • FDI, UPSC CSAT rock Parliament, TMC, BSP demand discussion August 7, 2014

    New Delhi: Parliament was on Thursday rocked by the UPSC CSAT and FDI issues with the Bahujan Samaj Party and the Trinamool Congress demanding discussion on both the issues. While the UPSC CSAT issue still remains without a solution, the TMC raised objections to the government increase FDI in defence...
  • Andhra Pradesh to offer investment subsidy to set up infotech projects August 1, 2014

    Hyderabad: The Andhra Pradesh government announced its new information technology policy on Friday, offering an investment subsidy of 10 per cent (of capital expenditure) for mega projects which employ 5,000 people or more. Entrepreneurs who are women, scheduled castes or scheduled tribe setting up infotech units would get 25 per cent...