Investment News

TVS Motor CompanyBSE 1.43 % is in the process of developing electric two wheelers with plans to roll them out soon in the domestic market, said a senior company executive. Chennai-based company, with its prior experience in electric mobility, is developing models which it thinks would fulfil requirements of modern day customer.”We are very keen […]

Suzuki Motor Corp will invest around Rs 3,800 crore in Gujarat to add a third car production plant. The plant will have a production capacity of 2.5 lakh units annually. Company, along with its partners Toshiba and Denso, will also pump in around Rs 1,150 crore for a new unit to produce lithium ion batteries. […]

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi today gave its approval to undertake appraisal of 48,243 Line Kilometer (LKM) of 2D seismic data of the country’s sedimentary basins for which limited data is available. Project will be implemented by National Oil Companies (NOCs), mainly Oil and Natural Gas Corporation (ONGC) […]

State urban development and housing department minister Suresh Kumar Sharma on Friday said work on Patna metro rail project would commence from 2019. To begin with, the six-km long stretch between Mithapur and proposed inter-state bus terminal on Patna-Gaya Road will be covered, the minister added.”The Centre recently came up with a new policy for […]

A modern bus terminal will be constructed in Puducherry at a cost of around Rs 300 crore, under the Smart City project. Facility will help commuters to stay overnight.

Vikram Solar, one of the largest module manufacturers and solar EPC players, has announced the commissioning of an 80 M.W.(2×40 M.W). olar photovoltaic (PV) power plant for Gujarat Industries Power Company in Gujarat. Spread across 385 acres, the plant has 2,50,429 modules and will have a generation capacity of 18,86,000 million units. The project has […]

North Eastern Electric Power Corporation (NEEPCO) will soon commission two hydro electric projects in Arunachal Pradesh. 600 M.W. Kameng Hydro Electric project and 110 M.W. Pare Hydro Electric project are on the verge of completion. Due to floods and landslides by heavy rainfall, commissioning of the projects has been delayed by a couple of months. […]

State-owned HPCL will invest Rs.61,000 crore over the next four years in expanding and upgrading its existing refining capacity to meet higher quality fuel norms, the company said in an investor presentation. HPCL is upgrading both its Mumbai and Visakh refineries to produce fuel meeting Euro-VI emission norms. “Major planned investments in refinery, POL (petroleum, […]

GAIL India Ltd has chartered an LNG tanker from French major Total SA for three years to haul gas from the US beginning early 2018. “We are hiring the ship for three years with an option to extend the time-charter by another year,” a senior company official said. GAIL, Indias biggest natural gas marketing company, […]