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Xiaomi pumps Rs. 3,500 crore into India business.

Xiaomi, which overtook Samsungto become the leader in the Indian smartphone market, has just invested Rs. 3,500 crore into its Indian entity, the highest by the Chinese company since it entered the country over... Full Story

L&T set to acquire Mindtree for ₹16,250 crore.

Engineering to construction conglomerate Larsen and Toubro Ltd. (L&T) is set to takeover Bengaluru-based IT services firm Mindtree Ltd. by buying the 20.4%... Full Story

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RINL to commission forged wheel plant in UP by Sept.

Visakhapatnam Steel Plant - Rashtriya Ispat Nigam Ltd (RINL) - is set to commission its forged wheel plant project at... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

MNRE amends viability gap funding guidelines
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of the viability gap funding (VGF) program for solar photovoltaic... Full Story
Jharkhand govt set to re-award Tilaiya ultra mega power project
After buying from Reliance Power the Special Purpose Vehicle (SPV) formed for execution of the 4,000 Mw Ultra Mega Power Project (UMPP) meant to come... Full Story
TPG fund to invest $ 50 million in Hyderabad-based Dodla dairy.
Global alternative asset firm TPG-managed The Rise Fund has agreed to invest $ 50 million in Hyderabad-based dairy products company Dodla Dairy Limited. The investment... Full Story
CM to perform bhoomi puja for KC Valley project on May 30
Chief Minister Siddaramaiah will lay the foundation stone for the Koramangala-Chellaghatta Valley (KC Valley) project in Kolar on May 30. The programme will be held... Full Story
Central Nod to AP Government's Mega Industrial Clusters.
Andhra Pradesh government's ambitious plan to develop industrial clusters along the 'Visakhapatnam-Chennai Industrial Corridor' (VCIC) with the help of the Asian Development Bank (ADB) has... Full Story
Panasonic plans to start acid battery plant under PM Modi's Make in India initiative.
Japan's Panasonic Corporation plans to start an acid battery factory and explore more opportunities for manufacturing under the Prime Minister Narendra Modi's 'Make in India'... Full Story
India to be manufacturing hub for clinical products: Siemens.
German conglomerate Siemens is looking at expansion of its manufacturing base of healthcare equipment such as X-ray and other products in India to cater to... Full Story
Public hearing on PCPIR at Nakkapalli on Dec. 18.
After several twists and turns, the State government has given its green signal to Visakhapatnam-Kakinada Petroleum Chemical Petrochemical Investment Region by clearing the draft master... Full Story