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The first phase will be ready next month that will take our current capacity of 25 million units annually to 33.4 million.

To create 40,000 jobs, vivo to pump in Rs 7500 cr to ramp up mfg in India

Company had announced an investment plan of Rs 4,000 crore in to ramp up manufacturing of its smartphones in India.

27 Aug 2019 5:35 PM

Central bank will likely ease its benchmark rate by 25 basis points again to 5.15 per cent at its October meeting. (Photo: AP)

Indian economy set for weakest quarter of growth in five years: report

The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.

27 Aug 2019 11:07 AM

The project is likely to be commissioned by 2022.

BPCL to invest Rs 1,500-1,700 cr in floating LNG terminal in AP

The company will hold 74 per cent interest in the project while the remaining 26 per cent will be with Petronet LNG Ltd.

26 Aug 2019 4:52 PM

FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies.

Govt to soon consider relaxing FDI norms in single brand, digital media

FDI in India dipped 1 per cent to USD 44.36 billion in 2018-19.

26 Aug 2019 3:29 PM

The facility currently has over 200 employees. (Photo: ANI)

OnePlus to invest Rs 1,000 cr in Hyderabad R&D facility in 3 years

The company plans to grow the Hyderabad facility into its biggest R&D centre globally by employing 1,500 people.

26 Aug 2019 3:25 PM

Rs 1.2 lakh cr investment planned for city gas network expansion: Pradhan

Rs 50,000 crore was committed in the 50 GAs awarded in the 10th round in March this year.

26 Aug 2019 2:18 PM

Currently, we have 40 per cent of total direct mutual fund subscribed from our platform. With Paytm Switch, we expect it to go to 50 per cent in next 5-6 months, said Pravin Jadhav, whole-time director at Paytm Money.

Paytm Money expects its market share in direct MF to increase to 50 pc in 6 months

Currently, its market share in direct mutual fund subscriptions stands at around 40 per cent of total such subscriptions.

25 Aug 2019 2:49 PM

It is being done to encourage investment in the capital market, the finance minister Nirmala Sitharaman said on Friday. (Photo: ANI)

Enhanced surcharge on FPIs removed: Sitharaman

Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.

23 Aug 2019 6:32 PM

Amazon to acquire all or part of the promoters' shareholding in Future Retail Limited and is exercisable between the third to 10th years. (AP Photo/Richard Vogel, File)

Amazon to buy 49 per cent stake in Future Retail promoter firm

Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.

23 Aug 2019 12:42 PM

According to the global financial services major, even though growth is set to slow further in Q2 (April-June) the economy is expected to see some recovery in the July-September quarter.

India's GDP growth set to slow further in Apr-Jun qtr to 5.7 pc: Nomura

India's economic growth slowed to 6.8 per cent in 2018-19 - the slowest pace since 2014-15.

21 Aug 2019 12:32 PM

GAIL is looking to put up 400 CNG stations and give out a record 10 lakh piped natural gas connections to household kitchens in the next 3-5 years.

GAIL to invest Rs 45,000 cr in expansion of gas pipelines

GAIL currently operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country.

20 Aug 2019 3:57 PM

TVS Motor (Singapore) Pte Ltd, a wholly owned subsidiary, has signed definitive agreements with Predictronics Corporation.

TVS Motor's Singapore arm invests USD 3.2 mn in analytics firm Predictronics

Investment from a company like TVS is also key for a firm like Predictronics to guide, improve, and validate its technology.

17 Aug 2019 1:23 PM

Despite growth being strong, overall, the investment climate was pretty weak, said Prachi Mishra, India Chief Economist, Goldman Sachs in a podcast wherein she discussed the drivers of India's economy. (Photo: File | AP)

Weak investment, muted monetary transmission big challenges for Indian economy: Goldman

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM

India has a refining capacity of 247.6 million tonne, which exceeded the demand of 206.2 million tonne.

Saudi Arabia to regain India's top oil supplier spot after Reliance deal

A refinery in India can also be a base for it to export fuel to deficit countries in Europe and the Americas.

15 Aug 2019 12:53 PM

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy target achievable

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.

15 Aug 2019 9:27 AM

The company's portfolio currently comprises more than 23,000 hotels and 1,25,000 vacation homes, with over one million rooms globally.

Oyo to invest 300 mn euro to strengthen presence in European vacation rental mkt

The firm will aim to expand the presence of OYO Home, Belvilla and Dancenter brands across Europe.

14 Aug 2019 8:03 PM

Former Indian cricket captain Mahendra Singh Dhoni.

Former Indian cricket captain MS Dhoni invests in CARS24

CARS24 is among the largest platforms for buying and selling cars in the country.

13 Aug 2019 2:48 PM

Chairman and Managing Director of Reliance Industries Ltd, Mukesh Ambani.

Several announcements for J&K, Ladakh in coming months: Mukesh Ambani

PM Modi on Aug 8, urged companies to invest in the J&K and Ladakh region to increase employment opportunities for local people.

12 Aug 2019 1:32 PM

Reliance has invested nearly Rs 5.4 lakh crore over the last five years to generate EBITDA in excess of USD 1 billion annually for over a decade.

Reliance to be zero-net debt company in 18 months: Ambani

Reliance will induct leading global partners in (telecom arm) Jio and Reliance Retail in the next few quarters.

12 Aug 2019 1:05 PM

In India even the most basic Jio Giga Fiber will start at 100 mbps at the lowest end. (Photo: AFP)

Jio pan-India broadband service launch from Sept 5 with unlimited free call

The Jio Giga Fiber customers will also get to watch new movies on the same day of its release, Ambani said.

12 Aug 2019 12:40 PM

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Shobhaa De