New Delhi, March 10 (IANS) India’s deal activity remained resilient in February, recording 278 transactions worth $5.4 billion — up 34 per cent sequentially in terms of volumes, a report said on Tuesday.The report from Grant Thornton Bharat said the surge was led by private equity and venture capital participation, which recorded 169 deals worth $2.8 billion, the highest monthly deal count in four years.”While overall deal values saw only a modest recovery, the surge in volumes signals renewed …
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New Delhi, Feb 9 (IANS) The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects, involving an investment of Rs 11,887 crore. These projects are expected to add 8.7 million tonnes of speciality steel capacity by 2030-2031, significantly expanding India’s capabilities in high-end steel segments such as electrical steel, alloy and stainless steels, coated products, and grades required for strategic sectors.The MOUs were signed at Vigyan Bh…
New Delhi, Feb 3 (IANS) Adani Defence & Aerospace Director Jeet Adani on Tuesday said that defence will emerge as a major and strategically important segment for the Adani Group, as the company strengthens its presence in aerospace, manufacturing, and localisation.Speaking to reporters in the national capital, Jeet Adani said the group is not looking at its operations in silos such as aerospace or MRO alone, but is approaching defence as a comprehensive sector.While he refrained from making …
Bengaluru, Feb 1 (IANS) Karnataka Minister for Large and Medium Industries M.B. Patil said on Sunday that while the Union Budget’s announcement on developing high-speed rail corridors between Bengaluru-Hyderabad and Bengaluru-Chennai is welcome, it offers limited benefit. He was speaking to the media on the Union Budget for 2026-27 presented by Union Finance Minister Nirmala Sitharaman.The Minister said that instead, a similar corridor should have been taken up between Bengaluru and Pune, addi…
Jaipur, Jan 21 (IANS) The Rajasthan Cabinet led by Chief Minister Bhajan Lal Sharma on Wednesday approved several key decisions, including a bill to protect the properties of permanent residents and the rights of tenants in areas declared as disturbed, besides new policies aimed at boosting aerospace, defence manufacturing and semiconductor production in the state.Industry and Commerce Minister Col Rajyavardhan Rathore, Parliamentary Affairs Minister Jogaram Patel, and Food and Civil Supplies Mi…
Bhubaneswar, Jan 20 (IANS) Chief Minister Mohan Charan Majhi has asserted that the economy of Odisha is now future-ready and on course to become an industrial powerhouse. In an official statement on Tuesday, the state government described the recent investors’ meets in Hyderabad and Kolkata as a massive success, attracting investments worth Rs 1.67 lakh crore and generating 1.46 lakh job opportunities.“Odisha’s journey from a traditionally resource-driven economy to a future-ready industri…
Hyderabad, Jan 20 (IANS) Telangana has set the goal of raising its contribution to India’s GDP to 10 per cent, supported by a clear roadmap to build a USD 3 trillion economy, industry minister D. Sridhar Babu said on Tuesday. He invited global industry leaders to partner in Telangana Rising, a long-term vision built on policy stability, ease of doing business, and innovation-led growth.At the inauguration of the India Pavilion at the World Economic Forum annual meeting in Davos, Minister Sridh…
Gandhinagar, Jan 18 (IANS) Gujarat Deputy Chief Minister Harsh Sanghavi will lead a high-level state government delegation to the World Economic Forum (WEF) 2026 in Davos, Switzerland, where he will outline the state’s long-term development roadmap and engage with global industry leaders to attract investment and generate employment opportunities for the youth. The Gujarat delegation’s participation in the WEF, scheduled from January 19 to 23, reflects the state government’s commitment to positi…
Gandhinagar, Jan 18 (IANS) As India preps up for its power-packed representation at the upcoming World Economic Forum (WEF), a high-level delegation of the Gujarat government led by Deputy Chief Minister Harsh Sanghavi is set to make its presence felt at the five-day-long Summit, widely perceived as the gathering of global elites. The WEF Annual Meeting is set to get underway from January 19 to 23 at Davos-Klosters, Switzerland.The 56th edition of the WEF meet will see world leaders, senior dipl…
Thiruvananthapuram, Jan 16 (IANS) Kerala will step onto the global investment stage at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, from January 19 to 23 with a high-level official delegation led by the State Industries Minister P. Rajeeve, as the state looks to convert its recent policy reforms and investment momentum into concrete global partnerships. The six-member delegation includes Chief Secretary A. Jayathilak, Additional Chief Secretary (Industries and Commerce) A…