PSLV-C26 successfully launches India's third navigation satellite IRNSS-1C

India has successfully launched its third navigation satellite IRNSS-1C with the ISRO's Polar Satellite Launch Vehicle (PSLV-C26). IRNSS is an independent regional navigation satellite system designed to provide position information in the Indian region and 1,500 km around the Indian mainland.

Arvind Subramanian appointed India's new chief economic adviser

Mr Arvind Subramanian, Senior Fellow at the Peterson Institute for International Economics, has been appointed as India's new Chief Economic Adviser (CEA).

Japanese company opens marine advanced simulation training centre in Chennai

MOL, a Japanese business group, in partnership with an Indian company has set up a cutting edge simulation centre for training seafarers.

India and UK sign MoU to step up Cultural Cooperation over the next five years

The Government of India has signed a memorandum of understanding (MoU) with the Government of UK to step up cultural relations over the next five years.

FIPB clears five retail proposals worth Rs 420 crore

The Foreign Investment Promotion Board (FIPB) has cleared five retail proposals worth around Rs 420 crore (US$ 68.26 million) from companies such as Bestseller, Puma SA and Flemingo.

Wipro, TCS among 5 Indian companies in global green list

Wipro, Essar Oil, Tech Mahindra, Larsen and Toubro and Tata Consultancy Services (TCS) are among the top global companies that did business in the most sustainable manner in 2013, according to the Carbon Disclosure Report (CDR), 2014.

Foreign bourses try to attract Indian firms to list overseas

Foreign stock exchanges are attracting Indian companies to list on them, by taking advantage of the two-year window provided by the Government of India to unlisted companies, to sell shares overseas before they do in India.

Chinese lighting company Opple enters Indian market

Opple Lighting has entered the Indian LED lighting market with the launch of its first retail store in Chennai. The company has planned to invest about Rs 60 crore (US$ 9.82 million) for its India operations.

MP Global Investors Summit: Industry pledges Rs 6.79 lakh crore investment

The fourth Global Investors Summit in Madhya Pradesh has witnessed a group of central ministries and representatives of the industry making commitments to invest more than about Rs 6.79 trillion (US$ 110.85 billion) in the state over the next few years.

Govt to set up Rs 1 lakh cr petro SEZ in Bina, MP

The Government of India has planned to set up a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) near Bina, Madhya Pradesh with an investment worth around Rs 1 trillion (US$ 16.32 billion).