Page-5 of Investments
Odisha sets up special entity 'State level Facilitation Cell (SLFC)' to fast track Investment approvals
The Odisha government has set up a special entity State level Facilitation Cell (SLFC) to fast track approvals through hassle free Single Window Clearance for investment projects. To speed up the investment proposals SLFC has categorised companies in two broad ..
Month: Current Affairs - August, 2015
HDFC to sell its 9 percent stake in HDFC life to JV partner Standard Life for Rs. 1700 Crore
HDFC has announced to sell its 9 per cent stake in HDFC Life Insurance to its British joint venture partner Standard Life for sum of 1,700 crore rupees. Prior this agreement HDFC had 70.65 per cent stake while Standard life ..
Month: Current Affairs - August, 2015
Greenko to sell India’s assets to GIC of Singapore for Rs. 1,600 crore
Hyderabad based renewable energy company Greenko has agreed to sell its India assets to Singapore based sovereign wealth fund company GIC for about 1,600 crore Rupees. Greenko has signed a non-binding deal with GIC for the sale of the company’s trading ..
Month: Current Affairs - August, 2015
Odisha Cabinet gave nod to new Industrial Policy Resolution (IPR) 2015
Odisha cabinet approved the much awaited Industrial Policy Resolution (IPR) 2015 after several rounds of consultation with different administrative departments and industry associations. The IPR 2015 lays focus on various sectors for the next five years which includes infrastructure development, ..
Month: Current Affairs - August, 2015
China’s Phicomm to invest $1 billion to set up India units
Phicomm, a Shanghai-based smartphone maker has announced to invest around 6400 crore rupees in India by 2017. The company has decided to set up five business units in phased manner which includes units of – Mobile phones, Cloud services, Enterprise, ..
Month: Current Affairs - August, 2015
Rajasthan signs MoUs for Rs 2,452-cr investments at the investment meet in New Delhi
Chief Minister of Rajasthan Vasundhara Raje signed memorandums of understanding (MoUs) worth 2,452 crore rupees at an investor event organised in New Delhi. The event was organised in association with the Confederation of Indian Industry (CII) by the Bureau of Industry Promotion in ..