Tata Motors to fuel business with Rs 4,000-crore investment

Mumbai: Tata Motors is planning to invest Rs 4,000 crore (US$ 623.93 million) in its business as a part of a turnaround strategy involving cost reduction, introduction of new produ...

Govt projects a 26% capex rise over 2 yrs

New Delhi: The Government of India forecasts capital expenditure to increase by 26 per cent from 3.1 lakh crore (US$ 48.5 billion) in 2016-17 to 3.9 lakh crore (US$ 61 billion) in ...

Britannia to build ~1,000-cr plant in Maharashtra

Kolkata: Indian biscuits giant, Britannia Industries Ltd (BIL), is setting up its largest plant ever, in Ranjangaon, Maharashtra, with an investment of Rs 1,000 crore (US$ 156.89 m...

Vedanta plans US$ 2.4-billion capex over two years

Mumbai: Vedanta Ltd has planned a capital expenditure of US$ 2.4 billion over FY 2017-18 and FY 2018-19, across various projects such as Hindustan Zinc, increasing volumes for its ...

Rs 19,000 crores invested on National Highways in the North East

New Delhi: The Ministry of Road Transport and Highways, Government of India, invested Rs 14,916 crore (US$ 2.32 billion) for the Special Accelerated Road Development Programme for ...

Bharti Airtel to invest Rs 2,000 crore in Project Next

New Delhi: Bharti Airtel Ltd has planned to invest about Rs 2,000 crore (US$ 309.88 million) over the next three years in Project Next, its digital innovation programme, in an atte...

Dalal Street cheers smooth road to GST

Mumbai: Sensex, India’s benchmark index, closed nearly 1 per cent or 300 points higher at 31,221.62 on July 3, 2017, the first trading day after the implementation of the Goo...

Mutual funds aim at fivefold increase in assets by 2025

Mumbai: The Association of Mutual Funds in India (AMFI) is targeting nearly five fold growth in assets under management (AUM) to Rs 95 lakh crore (US$ 1.47 trillion) and a more tha...