Rs 11K-cr Eastern Peripheral E-way to complete in Aug: Gadkari
PTI India's first -- Eastern Peripheral Expressway -- for decongesting Delhi will be completed in August this year, Union Minister Nitin Gadkari said today. Prime Minister Narendra Modi will dedicate to the nation the 135-km, the nearly Rs 11,000 crore access-controlled six-lane expressway. The project is replete with smart and intelligent highway traffic management system (HTMS) and video incident detection system (VIDS) besides a closed tolling system in which the collections will be made only on the distance travelled and not on the entire length. "The project, most likely, will be completed in August this year. We have spent a huge Rs 5,900 crore on land acquisition. Once complete, this will reduce traffic congestion in Delhi and will have the best ...
Coca-Cola targets Maaza to become $1 bn brand by 2020
The Dollar Business Bureau Coca-Cola India, one of the leading beverages firm, is aiming to make its mango-based drink Maaza brand, a $1 billion by 2020. “We would love to see Maaza become a $1 billion brand coming out of India by 2020. The brand has potential to be there. All our consumer research show that Maaza is India’s most trusted and loved brand,” Venkatesh Kini, President, Coca-Cola India and South West Asia, told to PTI. Acquired in 1993 by Coca-Cola, Maaza at present is more than a Rs.2,000 crore brand, Kini added. In 1993, the beverages major had also acquired brands like Limca and Thums Up from Parle Bisleri. For achieving the target, Coca-Cola is also planning to invest in areas like enhancing the ...
FDI inflows to India doubled to reach $59 bn in 2015: UNCTAD
The Dollar Business Bureau Foreign Direct Investment (FDI) flows to India nearly doubled to reach around $59 billion in 2015, thanks to several steps taken by the government to improve the investment climate in the country, a United Nations trade body has said. According to the report titled 'Global Investment Trends Monitor' released by the UNCTAD (United Nations Conference on Trade and Development), Asia remained the largest FDI recipient region in the world, accounting for one third of global FDI flows. “In 2015, FDI inflows to developing Asia rose by 15% to an estimated $548 billion, a new record,” the report said, adding, “FDI flows to India nearly doubled, reaching an estimated $59 billion. Measures taken by the government to improve ...
