Investments
India, Nigeria agree on local currency settlement system
06 May 2024
The second session of the India-Nigeria Joint Trade Committee (JTC) held in Abuja, capital of Nigeria, on Friday, agreed to finalise a local currency settlement system for bilateral trade and investment.
Elon Musk to visit India as govt tweaks FDI rules for space sector as well
23 Apr 2024
Elon Musk, CEO of tech enterprises Tesla, SpaceX, Starlink and X, has confirmed his India visit next week after the Indian government notified amendments to foreign investment rules in space sector, allowing 100 per cent FDI in satellite-related ventures.
DP World to build modern container terminal near Kandla Port
18 Mar 2024
Dubai-based infrastructure major DP World will construct a mega container terminal at Tuna Tekra, DPA, Gujarat, under a concession agreement signed with the Deendayal Port Authority, Kandla.
Tata Motors to invest Rs9,000 crore in new Tamil Nadu facility
14 Mar 2024
Tata Motors has proposed to invest Rs9,000 crore for setting up a new automobile manufacturing facility in Tamil Nadu over a 5-year period.
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
JSW Group to invest Rs40,000-cr for creating an EV manufacturing ecosystem in Odisha
11 Feb 2024
JSW Group has entered into a memorandum of understanding (MoU) with the Odisha government for establishing an integrated electric vehicle
Tatas, Airbus to jointly set up helicopter assembly unit in India
26 Jan 2024
Airbus Helicopters is partnering with the Tata Group to establish a final assembly line (FAL) for Airbus’ H125 helicopter in the country.
CCEA approves CIL’s coal-to-gas-and-ammonia projects; incentivises coal gasification
25 Jan 2024
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Coal India Ltd’s (CIL) proposals for equity investment in a coal-to-synthetic natural gas (SNG) project
Avaada to invest Rs40,000 cr across 6 GW wind-solar projects in Gujarat
19 Jan 2024
Green energy producer Avaada Group has committed investments of an aggregate Rs40,000 crore in Gujarat to set up hybrid wind-solar projects with a total installed capacity of 6,000 MW (6 GW).
Modi dedicates 3 major projects at Cochin Shipyard to nation
17 Jan 2024
Prime Minister Narendra Modi today inaugurated three major projects at the Cochin Shipyard Ltd, involving total investment of Rs4,000 crore.
Tatas plan mega chip factory in Gujarat; work on Li-Ion battery plant to start in March
11 Jan 2024
The Tata Group has lined up major investments in Gujarat, including the building of a 20 GW Lithium-Ion factory and a semi-conductor fabrication unit, to be built in Dholers, Tata Group CEO Natarajan Chandrasekharan said on Wednesday.
Maruti Suzuki to invest Rs38,200 cr in Gujarat, to add EV unit
11 Jan 2024
Maruti Suzuki will invest Rs38,200 crore in Gujarat to increase annual production capacity in the state by 1.25 million units.
Tata Electronics plans Rs7,000-cr expansion of Hosur plant
10 Jan 2024
Tata Electronics has proposed to invest Rs7,000 crore for expanding production capacity at its Hosur plant. The proposal, which comes after the company’s acquisition of Wistron’s plant in Malur, could include setting up a unit to assemble Apple iPhones.
Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat
10 Jan 2024
Indian billionaire entrepreneur Gautam Adani revealed plans for a substantial investment exceeding Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit.
Paytm plans ₹100 crore investment in GIFT City for AI-driven cross-border remittance
10 Jan 2024
Paytm, the leading payments and financial services company owned by One97 Communications Limited (OCL) is set to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to foster a global financial ecosystem.
Tata Power to invest Rs70,000 cr in wind and solar units in Tamil Nadu
09 Jan 2024
Tata Power on Sunday announced plans to set up solar and wind power units of a combined 10 Gigawatt generation capacity in Tamil Nadu, at an estimated cost of Rs70,000 crore. The investment is likely to be made over the next 5-7 years, Praveer Sinha, chief executive officer of Tata Power said.
Vietnam EV maker VinFast to invest up to $2 bn in India facility
07 Jan 2024
Vietnamese electric vehicle maker VinFast has announced plans to invest up to $2 billion for setting up an integrated manufacturing facility in India
Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat
09 Dec 2023
Government has fast-tracked Micron’s semiconductor unit being set up in in Sanand, in Gujarat with capital investment of Rs22,516 crore ($2.75 billion).
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The government allocates an additional Rs. 1,500 crore to the FAME-II program
04 Dec 2023
In a decisive move to bolster the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) program, the Centre has sanctioned an additional Rs. 1,500 crore for its second phase.
The US pledges a $553 million investment in the Adani-owned Sri Lanka port to curb Chinese Influence
08 Nov 2023
In a strategic move aimed at countering China's influence in South Asia, the United States has pledged a substantial $553 million in financing for the development of a port terminal in Sri Lanka's capital, Colombo.
Adani Green Energy initiates negotiations with international financial institutions for a $1.8 billion loan
03 Nov 2023
Adani Green Energy, the renowned renewable energy company owned by industrialist Gautam Adani, is reportedly in advanced discussions with a consortium of international lenders to secure a potential loan of up to $1.8 billion.
Tata Group plans to invest additional funds in its super-app, Tata Neu
20 Oct 2023
Tata Group, one of the largest Indian conglomerates, is planning to invest another $1 billion in its super app venture.
India, Saudi Arabia Investment Forum to set up offices in both countries
11 Sep 2023
India and Saudi Arabia have decided to boost bilateral cooperation with a formal investment symposium between the two countries.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation