investment news

investment News, Video News

GE discussing possible ventures with Asian funds
General Electric Co. said Thursday it was talking with Asian investment funds about forming global partnerships similar to a joint venture with an Abu Dhabi government investment firm announced earlier this year.
2008-11-21 06:00:00
Nigeria: Improved Power Generation Needed to Attract Foreign Investors - Suswam
Benue State Governor, Gabriel Suswam, said yesterday in Makurdi that for the nation to attract foreign investors as being canvassed for by the government, the chaotic power situation must be improved upon so as to pave way for effective investment by foreigners wishing to transact business in the country.
2008-11-21 03:33:14
Angola: Entrepreneurial Group Invests About Five Million Euros in Country
A Portuguese business group led by the entrepreneur Gomes de Castro has been implementing, in Angola, an investment of about 5 million Euros for the construction of three new commercial units of the Maquil brand, one of the group's firms that also includes Maquitel, Maquifer, Romafe and Gomang.
2008-11-21 03:31:14
Nigeria: Market Value Loses N279 Billion in Another Downturn
Another spate of downturn in activities in the capital market that resumed Tuesday saw investors losing N279 billion in their investment.
2008-11-21 03:33:14
Nigeria: India Plans $15 Billion Investment in Nigeria
The Indian government through a private sector initiative is planning to invest over $15 billion into various sectors of the Nigerian economy within the next few years, to cement diplomatic and business relationships that had existed since 1958.
2008-11-21 03:38:14
Ethiopia: India Private Investment Reaches $4 Billion
India today is becoming the single largest foreign investor in Ethiopia with nearly $4 billion in private sector investment, said the Ambassador on Monday.
2008-11-21 03:39:14
Letter: Help dogs that help
Editor: To Supervisor Kathleen Crookham, here's an idea to spend your money. California Canine Academy Assistance Dogs is proven program to help people of all ages with special needs improve their quality of life by gaining independence with even greater returns on investment in family and community costs of care. Doors may close by year's end without funds for basic operations.
2008-11-21 03:09:56
Easy entry into India for foreign firms
JAIPUR,Nov 20 As it tries hard to attract investments in the face of the global economic slowdown, India today said it was relaxing documentation for foreigners to start a business in the country
2008-11-21 03:00:00
BANGALORE
NAT20National/Diplomacy/Immigration/BusinessGermany's Bangalore connection gets a visa-linkBy Maitreyee Boruah Bangalore, Nov 21 IANS The German consulate in India's tech hub formally inaugurated by Foreign Minister Frank Walter Steinmeier Friday caps over five decades of Bangalore's German connection. The consulate, now functioning from temporary premises, may see long queues for German visas from people of Karnataka and Kerala when it starts functioning soon. The visa section for all the southern states still remains with the German consulate in Chennai. The Bangalore consulate will take time to become a new German landmark in the city as it has to beat 'MICO' and Max Muller Bhavan, the two other German entities that are almost a household name in the Karnataka capital. MICO, the Motor Industries Co, has recently preferred to be known by its parent company's name, Bosch. But for millions of Bangaloreans and others in Karnataka, it is still MICO -- associated with the spark plug for motorcycles. MICO, when it was set up in 1951, was on the outskirts of Bangalore. Now it is part of the CBD central business district as Bangalore has grown miles and miles beyond the MICO factory. The Bangalore Goethe-Institut/Max Mueller Bhavan began functioning in 1960. Like other Max Muller Bhavans in India it offers language courses, organises cultural events and has a German Resource Centre. It functions from upscale Indiranagar area in Bangalore. An added attraction is 'CafxE9 Max'. The Bhavan advertises the cafe as "now open on the third floor of the Bhavan, endowed with a superb view and a unique ambience. The CafxE9 offers a mouthwatering range of German cuisine and bakery fare".The cafe is a popular hangout not only for the arty folk but for the young as well. Ahead of the consulate's opening, the Bhavan got a solar energy system installed by IBC Solar, one of the world's leading photovoltaic system providers from Germany. The company is planning to tap the Indian market for its product. "India is an important market to generate power from solar energy. IBC Solar has been working in the field of generating solar power for the last 26 years. As we are working out to start our Indian venture soon, we thought it appropriate to introduce our technology to Bangalore, one of the most happening places in India," said Udo Moehrstedt, founder of IBC Solar. IBC Solar is the latest German firm planning to set up shop in Bangalore, which is home to around 120 German or German-Indian joint ventures, according to the Indo-German Chambers of Commerce IGCC. "The availability of highly trained personnel and an enormous pool of technical and scientific specialists make Bangalore attractive for German companies. Special sectors here are the IT industry, mechanical engineering and the car and aerospace industry," said an official of IGCC, Bangalore. Besides MICO, other well known German companies which have manufacturing units or offices in Bangalore include SAP, Mercedes Benz Research, Nokia Siemens, Siemens and Metro Cash & Carry wholesaler. Bangalore and other parts of Karnataka are also favoured destination for German FDI foreign direct investment. In the financial year 2006-07 April to March, German FDI totalled Rs. 5.39 billion, with Karnataka receiving the second highest amount of Rs.1.4 billion. Delhi stood first with Rs.2 billion and Maharashtra third with Rs.1.18 billion. Talking to IANS ahead of the consulate opening, Evelin Hust, director of Goethe Institute/Max Mueller Bhavan, Bangalore, said: "Bangalore exudes great warmth because of its pleasant climate and charming people, most of whom are well qualified. Many of my relatives and friends have visited Bangalore after I came to the city two years back."--Indo-Asian News Service 668 Words**21111257
2008-11-21 03:00:00
HAL plans aircraft, MRO facility in Bangalore
Bangalore, Nov. 20 Hindustan Aeronautics Ltd plans to set up a new facility with a total investment of Rs 2,095 crore for aircraft and aero-engine manufacturing and MRO maintenance, repair, overhaul near the new airport at
2008-11-20 18:17:24

Explore the Worldviewer.com Network Sites

GE discussing possible ventures with Asian funds

Nigeria: Improved Power Generation Needed to Attract Foreign Investors - Suswam

Angola: Entrepreneurial Group Invests About Five Million Euros in Country

Nigeria: Market Value Loses N279 Billion in Another Downturn

Nigeria: India Plans $15 Billion Investment in Nigeria

Ethiopia: India Private Investment Reaches $4 Billion

Letter: Help dogs that help

Easy entry into India for foreign firms

BANGALORE

HAL plans aircraft, MRO facility in Bangalore