NEW DELHI: Jaiprakash Associates has tied up with IBM and Israel's Tower Jazz, while Hindustan Semiconductor Manufacturing Corporation (HSMC) has tied up with ST Microelectronics and Malaysia's Siltera to set up two chip-making facilities, the government said on Friday.
Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
Saturday, 14 September 2013
Thursday, 12 September 2013
Odisha top investment destination in India
NEW DELHI: Odisha emerged as the hottest investment destination for new projects as investor interest in "prosperous" states such as Maharashtra, Gujarat, Karnataka and Tamil Nadu declined during 2012-13, latest data released by theReserve Bank of India showed.
Through a dozen projects funded by bank loans, Odisha managed to get investors to commit to around Rs 53,000 crore investment, a 27% share of all-India investments. In contrast, Maharashtra is expected to get investment of around Rs 21,400 crore in 70 projects, or 10.9% of the pie. Punjab was the other surprise, moving to the third spot with a dozen projects expected to generate investments of over Rs 20,600 crore.
The numbers aren't good news for the BJP and Gujarat chief minister Narendra Modi, who are using high economic growth and investment in the western state as a key theme ahead of the 2014 general elections. Similarly, Karnataka, where the principal opposition was in power until recently, has lost sheen amid corruption-related charges. But Andhra Pradesh (Rs 11,000 crore) retained the fourth slot despite the state being hit by Telangana-related protests for the past several months, while Gujarat (Rs 10,600 crore) ranked fifth.
Through a dozen projects funded by bank loans, Odisha managed to get investors to commit to around Rs 53,000 crore investment, a 27% share of all-India investments. In contrast, Maharashtra is expected to get investment of around Rs 21,400 crore in 70 projects, or 10.9% of the pie. Punjab was the other surprise, moving to the third spot with a dozen projects expected to generate investments of over Rs 20,600 crore.
The numbers aren't good news for the BJP and Gujarat chief minister Narendra Modi, who are using high economic growth and investment in the western state as a key theme ahead of the 2014 general elections. Similarly, Karnataka, where the principal opposition was in power until recently, has lost sheen amid corruption-related charges. But Andhra Pradesh (Rs 11,000 crore) retained the fourth slot despite the state being hit by Telangana-related protests for the past several months, while Gujarat (Rs 10,600 crore) ranked fifth.
Wednesday, 11 September 2013
Changing China set to shake world economy, again
BEIJING/LONDON: Long after concerns about tightening US monetary policy have faded, a more profound issue will still dog global policymakers: how to handle the second stage of China's economic revolution.
The first phase, industrialisation, shook the world. Commodity-producing countries boomed as they fed China's endless appetite for natural resources. Six of the 10 fastest-growing economies last decade were in Africa.
China's flood of keenly priced manufactured goods hollowed out jobs in advanced and emerging nations alike but also helped cap inflation and made an array of consumer goods affordable for tens of millions of people for the first time.
The first phase, industrialisation, shook the world. Commodity-producing countries boomed as they fed China's endless appetite for natural resources. Six of the 10 fastest-growing economies last decade were in Africa.
China's flood of keenly priced manufactured goods hollowed out jobs in advanced and emerging nations alike but also helped cap inflation and made an array of consumer goods affordable for tens of millions of people for the first time.
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