India Developing, but still a long way to go
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patentneer
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Tata group to invest Rs. 1.2 Lakh Cr.'s ($ 35 Billion) in 3 years; FY14 revenue tops $100 billion
Read more at:
Tata group to invest $35 billion in 3 years; FY14 revenue tops $100 billion - The Economic Times
//* That's Pak. Rs. 2.4 Lakh Cr.'s!
I'm thinking revenue of over $ 100 Billion, with 1 single group Co. TCS alone valued at over $ 100 Billion, Tata Motors, Tata Steel, Tata Housing, Tata Tea also with juicy m-cap's; it's time for a major aerospace, outer-space, nuclear energy and general defence push. Good news is that Tata's are doing it all.
1 thing- Tata's pls. set up an IISc., TIFR, Tata Hospital and TISS in each state capital if not more.
To put it in context, Tata's investment is almost equal to India's entire defence budget @ $ 39.2 Billion.
Read more at:
Tata group to invest $35 billion in 3 years; FY14 revenue tops $100 billion - The Economic Times
//* That's Pak. Rs. 2.4 Lakh Cr.'s!
I'm thinking revenue of over $ 100 Billion, with 1 single group Co. TCS alone valued at over $ 100 Billion, Tata Motors, Tata Steel, Tata Housing, Tata Tea also with juicy m-cap's; it's time for a major aerospace, outer-space, nuclear energy and general defence push. Good news is that Tata's are doing it all.
1 thing- Tata's pls. set up an IISc., TIFR, Tata Hospital and TISS in each state capital if not more.
To put it in context, Tata's investment is almost equal to India's entire defence budget @ $ 39.2 Billion.
Last edited:
my2cents
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We use Izonil waterproof and breathable plaster which is basically cement/lime based, fibre reinforced plastering mortar.
Izonil.com | Izonil Waterproof and Breathable Plaster
Local Manufacturer
ECMAS
Abingdonboy
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Bombay-Pune Expressway
cc: Rudraksh Chodankar, originally posted by Coolguyz on Skyscrapercity.com
cc: Rudraksh Chodankar, originally posted by Coolguyz on Skyscrapercity.com
Bombaywalla
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Light traffic and mostly empty roads on Eid ...
cc: Bombaywalla
Light traffic and mostly empty roads on Eid ...
cc: Bombaywalla
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^^^
Wonderfull, shot due South-West must be re: water in the background, pls. confirm. Or inverse?
SAIL may invest $ 25 B. for raising capacity to 50 MTPA
- (Rs 1.5 lakh Cr.'s)
NEW DELHI: SAIL is likely to invest around Rs 1.5 lakh crore to raise its hot metal making capacity to 50 million tonnes per annum (mtpa) from 23 mtpa, planned under ongoing modernisation and expansion by 2025, the Parliament was informed today.
"Steel Authority of India Ltd has prepared a draft plan (Vision-2025) to increase its hot metal production to approx. 50 million tonnes by 2025 (in a phased manner), mainly through brown-field expansion," Steel Minister Narendra Singh Tomar today said in Rajya Sabha.
"The proposal is under consideration of SAIL management," he said, detailing the expansion plans of the steel maker in the coming 10-15 years.
SAIL is raising its hot metal capacity to 23.4 mtpa from 13.8 mtpa now with Rs 72,000 crore investment. Expansions are at the advanced stages of implementation.
"The estimated investment for increasing SAIL's hot metal production from a level of around 23 million tonnes, planned under ongoing modernisation and expansion) to 50 million tonnes would tentatively be around Rs 1,50,000 crore," Tomar said.
The expenditure would be met by SAIL through internal resource generation and market borrowings, he added.
To a question, he said, currently, SAIL does not have any plan to set up steel plant at Bayyaram of Khammam district.
"However, as per the 13th schedule of the Andhra Pradesh Reorganisation Act, 2014, SAIL is to examine the feasibility of establishing an integrated steel plant in Khammam district within six months from the appointed day i,e June 2, 2014," he said.
The feasibility report is expected to be ready by December, 2014, Tomar added.
Amazon Ups the Ante in India With $2 Billion Investment
BANGALORE, India—In the past two days, Amazon.com Inc. AMZN +0.78% and local rival Flipkart Internet Pvt. have both made billion-dollar bets that online shopping is poised to take off in India, the world's second-most-populous country.
Amazon said Wednesday that it would invest $2 billion to expand its India operations, a day after Flipkart, India's biggest homegrown e-commerce company, said it had raised $1 billion from backers to help it grow.
"We see huge potential in the Indian economy and for the growth of e-commerce in India," Amazon CEO Jeff Bezos said Wednesday. The company didn't give a time-frame for the investment.
More: -http://online.wsj.com/articles/amazon-to-invest-2-billion-in-india-1406700828?mod=rss_whats_news_technology
Indian E-Commerce Firm Flipkart Raises Eye-Popping $1 Billion
Flipkart, India’s largest e-commerce firm, confirmed on Tuesday that it had raised $1 billion in its latest round of fund-raising, making it by far the largest venture investment ever received by an Indian Internet company.
Globally, the amount raised would rank second only to Uber’s recent $1.2 billion windfall.
Flipkart is an online marketplace that offers more than 70 categories of goods and services, from electronics to books. The site says it has over four million daily visits and 22 million registered users, in a country where roughly 250 million people are online.
The investment firm Tiger Global and Naspers, a South African firm that invests primarily in e-commerce and media companies, co-led the latest fund-raising round. Other investors included the venture capital firm Accel Partners, Morgan Stanley Investment Management, Sofina of Belgium and Singapore’s sovereign wealth fund GIC.
The announcement comes only months after Flipkart raised $210 million from a group of investors that represent four of the eight firms that participated in the latest round: Tiger Global, Naspers, DST Global and Iconiq Capital. Before the latest round, Flipkart had raised roughly $770 million since it was founded in 2007.
More: -http://dealbook.nytimes.com/2014/07/29/indian-e-commerce-firm-flipkart-raises-eye-popping-1-billion/?_php=true&_type=blogs&_r=0
Piramal, Dutch pension fund ink $1-b alliance
Mumbai/Pune, July 30:
Piramal Enterprises and Dutch pension fund manager APG Asset Management have entered into an alliance to invest $1 billion (about ₹6,000 crore) in mezzanine instruments issued by infrastructure companies in India over the next three years.
Mezzanine finance comprises both debt and equity characteristics.
APG manages pension assets of €375 billion as of June 2014, which is 30 per cent of all Dutch collective pension schemes. Both the partners have committed an initial investment of $375 million (about ₹2,250 crore) each.
Ajay Piramal, Chairman, Piramal Enterprises, in a statement, said: “This is an opportune time to be creating an aligned pool of capital to target what we believe to be very compelling funding opportunities in the infrastructure sector in India. The alliance is consistent with Piramal Enterprises’ long-term plan and vision of playing a contributing role towards investments that promote growth.”
The focus will be on operational and near completion projects with limited execution risks and high visibility of cash flows coming from a portfolio of projects. The access to this source of capital will enable infrastructure players in India to retain their equity interest in the assets, while raising long-term capital to help them complete their on-going projects.
Dick Sluimers, CEO of APG, said: “The strategy of the alliance to focus on mezzanine investments in infrastructure projects in India ticks the right boxes for our pension fund clients in terms of risk-return profile and high cash flow visibility.”
(This article was published on July 30, 2014)
Wonderfull, shot due South-West must be re: water in the background, pls. confirm. Or inverse?
SAIL may invest $ 25 B. for raising capacity to 50 MTPA
- (Rs 1.5 lakh Cr.'s)
NEW DELHI: SAIL is likely to invest around Rs 1.5 lakh crore to raise its hot metal making capacity to 50 million tonnes per annum (mtpa) from 23 mtpa, planned under ongoing modernisation and expansion by 2025, the Parliament was informed today.
"Steel Authority of India Ltd has prepared a draft plan (Vision-2025) to increase its hot metal production to approx. 50 million tonnes by 2025 (in a phased manner), mainly through brown-field expansion," Steel Minister Narendra Singh Tomar today said in Rajya Sabha.
"The proposal is under consideration of SAIL management," he said, detailing the expansion plans of the steel maker in the coming 10-15 years.
SAIL is raising its hot metal capacity to 23.4 mtpa from 13.8 mtpa now with Rs 72,000 crore investment. Expansions are at the advanced stages of implementation.
"The estimated investment for increasing SAIL's hot metal production from a level of around 23 million tonnes, planned under ongoing modernisation and expansion) to 50 million tonnes would tentatively be around Rs 1,50,000 crore," Tomar said.
The expenditure would be met by SAIL through internal resource generation and market borrowings, he added.
To a question, he said, currently, SAIL does not have any plan to set up steel plant at Bayyaram of Khammam district.
"However, as per the 13th schedule of the Andhra Pradesh Reorganisation Act, 2014, SAIL is to examine the feasibility of establishing an integrated steel plant in Khammam district within six months from the appointed day i,e June 2, 2014," he said.
The feasibility report is expected to be ready by December, 2014, Tomar added.
Amazon Ups the Ante in India With $2 Billion Investment
BANGALORE, India—In the past two days, Amazon.com Inc. AMZN +0.78% and local rival Flipkart Internet Pvt. have both made billion-dollar bets that online shopping is poised to take off in India, the world's second-most-populous country.
Amazon said Wednesday that it would invest $2 billion to expand its India operations, a day after Flipkart, India's biggest homegrown e-commerce company, said it had raised $1 billion from backers to help it grow.
"We see huge potential in the Indian economy and for the growth of e-commerce in India," Amazon CEO Jeff Bezos said Wednesday. The company didn't give a time-frame for the investment.
More: -http://online.wsj.com/articles/amazon-to-invest-2-billion-in-india-1406700828?mod=rss_whats_news_technology
Indian E-Commerce Firm Flipkart Raises Eye-Popping $1 Billion
Flipkart, India’s largest e-commerce firm, confirmed on Tuesday that it had raised $1 billion in its latest round of fund-raising, making it by far the largest venture investment ever received by an Indian Internet company.
Globally, the amount raised would rank second only to Uber’s recent $1.2 billion windfall.
Flipkart is an online marketplace that offers more than 70 categories of goods and services, from electronics to books. The site says it has over four million daily visits and 22 million registered users, in a country where roughly 250 million people are online.
The investment firm Tiger Global and Naspers, a South African firm that invests primarily in e-commerce and media companies, co-led the latest fund-raising round. Other investors included the venture capital firm Accel Partners, Morgan Stanley Investment Management, Sofina of Belgium and Singapore’s sovereign wealth fund GIC.
The announcement comes only months after Flipkart raised $210 million from a group of investors that represent four of the eight firms that participated in the latest round: Tiger Global, Naspers, DST Global and Iconiq Capital. Before the latest round, Flipkart had raised roughly $770 million since it was founded in 2007.
More: -http://dealbook.nytimes.com/2014/07/29/indian-e-commerce-firm-flipkart-raises-eye-popping-1-billion/?_php=true&_type=blogs&_r=0
Piramal, Dutch pension fund ink $1-b alliance
Mumbai/Pune, July 30:
Piramal Enterprises and Dutch pension fund manager APG Asset Management have entered into an alliance to invest $1 billion (about ₹6,000 crore) in mezzanine instruments issued by infrastructure companies in India over the next three years.
Mezzanine finance comprises both debt and equity characteristics.
APG manages pension assets of €375 billion as of June 2014, which is 30 per cent of all Dutch collective pension schemes. Both the partners have committed an initial investment of $375 million (about ₹2,250 crore) each.
Ajay Piramal, Chairman, Piramal Enterprises, in a statement, said: “This is an opportune time to be creating an aligned pool of capital to target what we believe to be very compelling funding opportunities in the infrastructure sector in India. The alliance is consistent with Piramal Enterprises’ long-term plan and vision of playing a contributing role towards investments that promote growth.”
The focus will be on operational and near completion projects with limited execution risks and high visibility of cash flows coming from a portfolio of projects. The access to this source of capital will enable infrastructure players in India to retain their equity interest in the assets, while raising long-term capital to help them complete their on-going projects.
Dick Sluimers, CEO of APG, said: “The strategy of the alliance to focus on mezzanine investments in infrastructure projects in India ticks the right boxes for our pension fund clients in terms of risk-return profile and high cash flow visibility.”
(This article was published on July 30, 2014)
Last edited:
Echo_419
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While i admire your Enthusiasm,there is a specific thread in the Forum called Indian Economy news where you can post these types of news.This thread is for Pictures & Videos only
IndoCarib
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yes. this is a multimedia thread
patentneer
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The NY Times has India Ink to Cover India
BBC's Got BBC India, BBC Hindi & Urdu ...
- Now is the time, Modification is on.
Mumbai, Just For Kicks
-------------------------------
BBC's Got BBC India, BBC Hindi & Urdu ...
- Now is the time, Modification is on.
Mumbai, Just For Kicks
-------------------------------
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I don't know if India will outpace china in the future but china has certainly outpaced India in the present. And I live in the present like every human being on earth. So that is what should matter.
But lets hope for a good future.
But lets hope for a good future.
gslv mk3
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Sun Pharmaceutical's Dilip Shanghvi tops global rich list of drugmakers with net worth of $17.2 billion
Kochi Whoa!
- Local Marine Dr. Coming Up Nicely: Tata's Tritvam Towers Reality Vs. Render
Neibourhood Dewas Project Render, Same Marine Dr.
Same Area
Gurgaon & New Bombay/Navi Mumbai Initiatives
- Phew, nice to see democracy at work, city revival, rejuvenation and up-gradation ideas coming bottom-up and top-down.
Amazingly, said ideas are finding acceptance among all stakeholders like the police and traffic police, commissioner and admin. bureaucracy, pvt. sector and buyers and inhabitants who are woefully under-represented in the multi vested-interest-group gangland type democracy that is India.
1/2 a century of farmer-soldier rhetoric later, social outcastes re: democratic representation like the minorities, marginalized or the rising upper middle class and rich who are not typical vote banks. Nice.
Vardhman Twinstar, Mazgaon: 54 floors x 2, Mumbai
Kochi Whoa!
- Local Marine Dr. Coming Up Nicely: Tata's Tritvam Towers Reality Vs. Render
Neibourhood Dewas Project Render, Same Marine Dr.
Same Area
Gurgaon & New Bombay/Navi Mumbai Initiatives
- Phew, nice to see democracy at work, city revival, rejuvenation and up-gradation ideas coming bottom-up and top-down.
Amazingly, said ideas are finding acceptance among all stakeholders like the police and traffic police, commissioner and admin. bureaucracy, pvt. sector and buyers and inhabitants who are woefully under-represented in the multi vested-interest-group gangland type democracy that is India.
1/2 a century of farmer-soldier rhetoric later, social outcastes re: democratic representation like the minorities, marginalized or the rising upper middle class and rich who are not typical vote banks. Nice.
- Transform India and Make Railways Better are 2 of the zillions of NGO's working online and off to better lives. The NGO scene is red-hot with new-age, innovative, entrepreneurial social outreach, networking and inclusion models.
Vardhman Twinstar, Mazgaon: 54 floors x 2, Mumbai
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