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Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
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Government Said to Consider $550 Million in Financial Incentives to Woo Apple, Dell, Asus: Details
The government is said to plan a boost in financial incentives for tablet and laptop manufacturers like Apple, Asus, and Dell, as it plans to take increase production in the country. The incentives could include payments over $550 million (roughly Rs. 4,500 crore) aimed at making the country an export hub in the long term. Incentives could go as h...
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Xiaomi Delivers First Batch of Handsets Made in Vietnam to Boost Smartphone Production in South Asia
Xiaomi has delivered the first batch of smartphones produced at its new production plant in Vietnam, according to a report. The Chinese smartphone manufacturer has shifted production of its handsets to the country as it looks for alternate supply chain and production methods. Xiaomi will use the new plant in Vietnam as a centre for exports to nearb...
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India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
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FedEx To Invest $100 Million In Delhivery To Boost Business In India
FedEx Express will focus on international export and import services to and from India, and Delhivery will, in addition to FedEx, sell FedEx Express international products and services in the Indian market
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Cabinet Approves Rs. 48,000 Crores Plan to Boost Electronics Manufacturing
Cabinet has approved a Rs. 48,000 crores ($6.37 billion) plan to boost electronics manufacturing and woo large investment to a country which has become the world's second-biggest mobile phone manufacturer.
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Budget 2020: Finance Minister Nirmala Sitharaman Proposes New Electronics Manufacturing Scheme
Finance Minister Nirmala Sitharaman on Saturday proposed a scheme for manufacturing cell phones, semi-conductors, and other electronic devices.
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Pakistan Unveils Tax Cuts, Incentives To Boost Growth
Pakistani Finance Minister Asad Umar unveiled a package of measures on Wednesday to boost exports and investment and help Islamabad address a severe balance of payments squeeze that has forced it to turn to the International Monetary Fund for help.
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India Set To Replace UK As 5th Biggest Economy, But There Are Bumps
Any attempts by the government to undermine the central bank's freedom and raid its surplus capital may spook investors and carry damaging consequences for the economy.
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After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
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Saudi Wealth Fund Set To Double To $400 Billion By 2020
Saudi Arabia's sovereign wealth fund is set to double to $400 billion on kingdom's efforts to boost private-sector growth and wean itself off oil export dependence.
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India's 680 Crores Worth Of Locomotives, Train Sets To Boost Sri Lanka Railways
In its largest export order for any public transporter, Indian Railways are going to supply modern locomotives and train sets to Sri Lanka worth six hundred and eighty crore rupees.
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South Australia Signs Deal With Rajasthan to Boost Export and Investment
South Australia today signed a historic 'sister-state agreement' with Rajasthan that would pave new ways to boost export and investment opportunities between the two states. This is based on a two-way exchange of research, policy and technical capabilities.
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Chidambaram's 10-point prescription to cure the economy
Replying to a debate in Parliament about the state of the Indian economy, Finance Minister P. Chidambaram today listed out 10 points which he said the government should take in order to get the economy back on track. While he asked the government to speed up investment, encourage manufacturing and boost exports, he also lamented that Parliament had...
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Indian economy to grow 6.7% by FY15: World Bank
Exports and private investment, which slowed sharply in 2012, are projected to strengthen during 2013-15 and provide a boost to growth.
_1526275868915.jpg?downsize=260:195 "After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery")
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Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
-
Government Said to Consider $550 Million in Financial Incentives to Woo Apple, Dell, Asus: Details
The government is said to plan a boost in financial incentives for tablet and laptop manufacturers like Apple, Asus, and Dell, as it plans to take increase production in the country. The incentives could include payments over $550 million (roughly Rs. 4,500 crore) aimed at making the country an export hub in the long term. Incentives could go as h...
-
Xiaomi Delivers First Batch of Handsets Made in Vietnam to Boost Smartphone Production in South Asia
Xiaomi has delivered the first batch of smartphones produced at its new production plant in Vietnam, according to a report. The Chinese smartphone manufacturer has shifted production of its handsets to the country as it looks for alternate supply chain and production methods. Xiaomi will use the new plant in Vietnam as a centre for exports to nearb...
-
India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
-
FedEx To Invest $100 Million In Delhivery To Boost Business In India
FedEx Express will focus on international export and import services to and from India, and Delhivery will, in addition to FedEx, sell FedEx Express international products and services in the Indian market
-
Cabinet Approves Rs. 48,000 Crores Plan to Boost Electronics Manufacturing
Cabinet has approved a Rs. 48,000 crores ($6.37 billion) plan to boost electronics manufacturing and woo large investment to a country which has become the world's second-biggest mobile phone manufacturer.
-
Budget 2020: Finance Minister Nirmala Sitharaman Proposes New Electronics Manufacturing Scheme
Finance Minister Nirmala Sitharaman on Saturday proposed a scheme for manufacturing cell phones, semi-conductors, and other electronic devices.
-
Pakistan Unveils Tax Cuts, Incentives To Boost Growth
Pakistani Finance Minister Asad Umar unveiled a package of measures on Wednesday to boost exports and investment and help Islamabad address a severe balance of payments squeeze that has forced it to turn to the International Monetary Fund for help.
-
India Set To Replace UK As 5th Biggest Economy, But There Are Bumps
Any attempts by the government to undermine the central bank's freedom and raid its surplus capital may spook investors and carry damaging consequences for the economy.
-
After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
-
Saudi Wealth Fund Set To Double To $400 Billion By 2020
Saudi Arabia's sovereign wealth fund is set to double to $400 billion on kingdom's efforts to boost private-sector growth and wean itself off oil export dependence.
-
India's 680 Crores Worth Of Locomotives, Train Sets To Boost Sri Lanka Railways
In its largest export order for any public transporter, Indian Railways are going to supply modern locomotives and train sets to Sri Lanka worth six hundred and eighty crore rupees.
-
South Australia Signs Deal With Rajasthan to Boost Export and Investment
South Australia today signed a historic 'sister-state agreement' with Rajasthan that would pave new ways to boost export and investment opportunities between the two states. This is based on a two-way exchange of research, policy and technical capabilities.
-
Chidambaram's 10-point prescription to cure the economy
Replying to a debate in Parliament about the state of the Indian economy, Finance Minister P. Chidambaram today listed out 10 points which he said the government should take in order to get the economy back on track. While he asked the government to speed up investment, encourage manufacturing and boost exports, he also lamented that Parliament had...
-
Indian economy to grow 6.7% by FY15: World Bank
Exports and private investment, which slowed sharply in 2012, are projected to strengthen during 2013-15 and provide a boost to growth.
