Sembcorp Industries Ltd, promoted by Singapore’s sovereign wealth fund Temasek Holdings Private Ltd, is set to infuse fresh capital of about $600 million into its power business in India
China’s largest solar equipment maker GCL-Poly Energy Holdings Ltd plans to invest in India, attracted by the nation’s emerging green economy.
In Securities and Exchange Board of India’s (Sebi) books, Reliance Industries Ltd made unlawful gains worth Rs447.27 crore in November 2007, while trading in equity derivatives of subsidiary company, Reliance Petroleum Ltd (RPL).
Investors of Reliance Industries Ltd (RIL) on Monday have lost over Rs12,500 crore market value after market regulator penalized the company for unlawful transactions and imposed a one year ban on it and 12 other entities from trading in equity derivatives.
State-run Solar Energy Corp. of India (SECI) has deferred auction for the 1-gigawatt (GW) rooftop solar projects tender for the fourth time in the past three-four months
Indian Railways is considering ending state-owned Steel Authority of India Ltd’s (Sail) virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to $700 million to the private sector, people close to the matter told Reuters.
China’s second-largest construction company is competing with at least six international builders, including two each from Japan and Korea, for $2.7 billion worth of contracts to build the largest road bridge in India.
The government is working on a new method to auction mining leases to match commodity price cycles and investor appetite.
The National Highways Authority of India (NHAI) is on the job to finish five expressway projects, including Rs4,428-crore Eastern Peripheral Expressway, to decongest Delhi, Parliament was informed on Thursday.
Upendra Tripathy, a former secretary of the renewable energy ministry, has been appointed interim director general of the International Solar Alliance (ISA), which brings together countries with abundant sunshine with the aim of lowering solar energy costs