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Govt allows FDI FOR GMR

Govt allows FDI FOR GMR

The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.

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Water business is bound to give great business

Water business is bound to give great business

Water supply and waste water management are the two major areas where the country has to step up its efforts to provide its citizens with clean drinking water and safe sewage disposal. To achieve this, increased private participation is needed.

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TN PCPIR gets Rs 5,120 cr

TN PCPIR gets Rs 5,120 cr

The newly approved Petroleum, Chemicals and Petrochemicals Investment Region for Tamil Nadu, set up at Cuddalore and Nagapattinam, has received government support of Rs 5,120 crore.

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Futurespace

Futurespace

It is just as well that the Delhi-Mumbai Industrial Corridor, when completed, will include at least six new cities.

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BSNL plans PE for tower unit auction

BSNL plans PE for tower unit auction

Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includ­ing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.

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Gas pipeline to boost natgrid

Gas pipeline to boost natgrid

The Petroleum and Natural Gas Regulatory Board (PNGRB) today granted autho­risation to the State Government-controlled Gujarat State Petronet Ltd-led consortium for constructing the Mallavaram (Andhra Pradesh)-Vijaipur (Madhra Pradesh).