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147 Auctioned Commercial Coal Blocks to Generate ₹47,500 Crore Annual Revenue: Ministry

By Uniquetimesorg September 14, 2026 0

The coal ministry on Monday said the 147 commercial coal blocks auctioned across nine states since 2020 are expected to generate around ₹47,500 crore in annual revenue, attract ₹55,000 crore in capital investment, and create approximately 490,000 jobs. The ministry said revenue from allocated commercial mines, including upfront and premium payments, stood at ₹3,090 crore Continue Reading

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Singapore Defends Air India Investment Amid Funding Debate

By Uniquetimesorg September 8, 2026 0

Singapore has defended its investment in Air India after the Indian airline sought $1.5 billion in fresh equity from its owners, Tata Sons and Singapore Airlines. The debate intensified in Singapore after opposition lawmakers questioned whether funds from state investor Temasek should be used to support the airline. Singapore’s Transport Minister Jeffrey Siow said overseas Continue Reading

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India’s State-Backed Infra Fund Secures $2 Billion from Global, Domestic Investors

By Uniquetimesorg August 31, 2026 0

India’s state-backed National Investment and Infrastructure Fund (NIIF) has secured $2 billion in commitments from global and domestic investors for its new infrastructure fund, crossing more than half of its $3.2 billion target. NIIF, which manages over $7 billion in equity commitments, is 49% owned by the Indian government. Investors in NIIF Infrastructure Fund II […]Continue Reading

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Blackstone Plans $1.26 Billion Knowledge REIT Stake Sale

By Uniquetimesorg August 29, 2026 0

Blackstone has proposed selling up to 25.03% of India’s Knowledge Realty Trust (Knowledge REIT) through an offer for sale, according to an exchange filing. The proposed transaction includes a base offer of 16.69%, with an additional 8.34% available if the issue is oversubscribed. The floor price has been set at ₹108 per unit, putting the […]Continue Reading

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Godrej Industries Group to Invest $2 Billion in Haryana

By Uniquetimesorg August 24, 2026 0

Godrej Industries Group has signed an agreement with the Haryana government to invest ₹200 billion ($2.09 billion) in the state. The investment is expected to expand the group’s presence in Haryana and create around 40,000 jobs. The group, which operates across consumer goods, real estate and financial services, has already invested about ₹120 billion in […]Continue Reading

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Tamil Nadu Drops ₹274-Billion Chennai Second Airport Plan

By Uniquetimesorg August 24, 2026 0

Tamil Nadu Chief Minister Joseph Vijay has announced that the state will drop plans to build a second airport at Parandur near Chennai, a project estimated to cost ₹274 billion ($2.86 billion). The proposal had received civil aviation clearance but faced strong opposition from farmers over its impact on agricultural land. The government is now […]Continue Reading

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JioBlackRock to Launch Regular Mutual Fund Plans Through Distributors in India

By Uniquetimesorg August 17, 2026 0

JioBlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock, will begin offering regular plans for eligible mutual fund schemes in India. The move will allow investors to purchase these funds through registered mutual fund distributors, expanding the fund house’s reach beyond its existing direct-only model. Until now, JioBlackRock had Continue Reading

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Jio-BlackRock Launches Nifty 50 ETF in India

By Uniquetimesorg August 4, 2026 0

Jio Financial Services and BlackRock have launched the JioBlackRock Nifty 50 ETF, marking their entry into India’s fast-growing exchange-traded fund (ETF) market through their asset management joint venture. The fund tracks the Nifty 50 Index, offering investors exposure to India’s 50 largest listed companies through a single investment. The launch follows Continue Reading

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India Proposes Extended Tax Breaks to Boost Electronics Manufacturing

By Uniquetimesorg August 3, 2026 0

India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, a move expected to benefit global firms such as Apple. The proposal aims to provide long-term tax certainty as India continues to expand its role as a global electronics manufacturing hub and attract investments beyond China. The proposed […]Continue Reading

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SAIL, Krakatau Steel to Build $350M Indonesia Plant

By Uniquetimesorg July 29, 2026 0

Steel Authority of India Limited (SAIL) and Indonesia’s Krakatau Steel are planning to invest up to $350 million in a new stainless steel slab manufacturing plant in Indonesia. The proposed facility will have an annual production capacity of 500,000 metric tons and is expected to become operational within the next three to four years. The […]Continue Reading