ArcelorMittal Nippon Steel India inks pact with Odisha to set up steel plant; Pradhan congratulates ArcelorMittal
NEW DELHI: Steelmaker ArcelorMittal Nippon Steel India (AM/NS India) on Thursday inked an agreement with the Odisha government for setting up a 12 million tonnes per annum (MTPA) greenfield integrated steel plant in Kendrapada district with an investment of Rs 50,000 crore, officials said. Chief Minister Naveen Patnaik and steel tycoon Lakshmi N Mittal were […]
PLI scheme to boost India’s manufacturing output by $520 billion in 5 years: Narendra Modi
NEW DELHI: The Prime Minister, Narendra Modi addressed a webinar on Production Linked Incentives scheme organized by Department for Promotion of Industry and International Trade and NITI Aayog through video conference. Speaking on the steps taken to boost trade and industry in this year’s Union Budget, the Prime Minister said that over the past 6-7 […]
PNB Housing Finance, Yes Bank sign strategic co-lending pact for retail home loans
NEW DELHI: PNB Housing Finance on Friday said it has tied up with Yes Bank for a strategic co-lending service that will facilitate retail home loans at competitive rates. PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers, PNB Housing Finance […]
India attracted total FDI inflow of US$ 67.54 billion during April to December 2020
NEW DELHI: Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India. It has been the endeavor of the Government to put in place an enabling and investor friendly FDI policy. The intent all this while has been to make the […]