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22 sites considered suitable for hosting Olympics in Gujarat; state govt to engage with IOC soonDuring the meeting with officials concerned, the chief secretary reviewed the master plan of the upcoming Sardar Patel Sports Enclave in Mo...- Three firms submit bids for validating energy consumed by agricultural pump sets in PunjabScope of work includes cross-verification of the pumped energy data from April 2015 till the date of inspection of all 11 kV AP feeders fed...
- US Telephonics Corporation to hike stake in Mahindra defence JV to 49 per centTelephonics, part of US-listed Griffon Company , will pump in about $10 million in the next one year, SP Shukla, group president for aerosp...
- Yuvraj Singh funded YouWeCan Ventures becomes limited partner in media-focused venture capital fundThis will be the early-stage investor's first investment in a fund, a departure from its strategy of making direct investments in ventures.
- Institutional investors believe in responsible investmnt: StudyThe findings were based on the interview of 60 LPs in 14 countries, which collectively allocate around $500 billion to private equity fund ...
- PEs, wealth funds may get to buy stakes in highway projects“There is a lot of interest...we are examining how best to leverage it...There are various options,” a road ministry official told ET.
- Arunachal Pradesh scraps power deal with Naveen Jindal GroupThe decision came after a backlash as it effectively gave the Naveen Jindal Group a stake in every upcoming hydel project in Arunachal.
- Astra Microwave wins Rs 310 crore defence contractIn one of the largest defence offset contracts awarded to a mid-tier Indian firm Astra Microwave Products Ltd has bagged Rs 310 crore deal ...
- Macquarie eyes $2 billion infrastructure fund in 2012: SourcesAustralia's Macquarie Group Ltd, the world's largest manager of infrastructure assets, is preparing to raise a $2 billion infrastructure fu...
- PW Bangalore availed of $60 million insurance without paying single penny in premiumPW Bangalore utilized over 95% of a $60 mn cover to meet post-fraud litigation expenses & damages without paying a single rupee towards pre...
- KAPPEC signs MoU with Dutch manufacturers of machineryGMV and KAPPEC have signed an MoU in the area of cutting-edge technologies in food processing and packaging.
- Private firms overtake government enterprises in power production, adds about 84% of the targetProjects funded by the private sector, however, added 5,122 MW of more capacity, about 84% of the target set by the commission.
- RBI to decide 'Indian-ness' of banks nowThe Reserve Bank of India will decide on the ‘Indian-ness’ of the country’s leading private sector banks as the government deliberates a so...
- Core ministries' borrowing may be capped soonThe government plans to cap borrowings and annuity payments by infrastructure ministries at 15% of their annual budgets, encouraging them t...
- Companies cede power trading licencesSome companies have surrendered their trading licence to power sector regulator Central Electricity Regulatory Commission (CERC).
- Nuclear sector set to power job market; hire 19,000 prosIndia would require 2,000 trained nuclear engineers every year to staff the increased capacity.
- Govt may soften FBT blow for salaried classThe burden of paying fringe benefit tax will be moved from the employers' shoulders to the employees', as envisaged in Budget 2009. Free: F...
- IIM-L wraps up final placement processIIM-L completed its final placements with 105 cos making a total of 284 offers.
- Fewer mergers in 2008 as companies hold on to cashThe total number of M&A deals announced till December 15 stood at 445 and its combined value was $30.72 billion.
- Only manageable risks with total de-controlRegulation of tariffs for the core infrastructure services is a matter of not just policy but is indeed based on a very complex set of econ...
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