Business Deals Signed During PM Modi's China Visit
- Axis Energy Ventures India signed a tripartite MoU in the renewable energy sector with Chinese companies Mingyang Wind Power and Global Wind Power.
- Essel Solar signed a pact with China's JA Solar to set up a solar cell and module manufacturing facility.
- Wipro BPS's pact with Dalian Municipal People's Government and Yida China Holding was for an offshore delivery centre in Dalian.
- Bharti Airtel signed agreements with China Development Bank for financing for the purchase of equipment from ZTE and Huawei, and that under licence approved by the Telecom Regulatory Authority of India.
- The Indian telecom operator also signed a credit facility deal with Industrial & Commercial Bank of China.
- Adani Group signed an agreement to establish an integrated PV industrial park in Mundra SEZ with China's Golden Concord Holdings.
- Adani Power signed with China Development Bank a pact on financing of APL Mundra Power Plant Phase I, II and III.
- Adani Ports and SEZ signed a pact with Guangzhou Port Authority for establishment of a sister port relationship between Mundra Port and Guangzhou Port.
- Jindal Steel and Power signed an agreement with the Industrial & Commercial Bank of China for development of potential projects.
- Sun Group signed an MoU with Canadian Solar Power China to generage 5,000 MW of solar power in the next five years as well as manufacturing of solar modules.
- GMR Group signed with Guizhou International Investment Corporation an MoU on an industrial park in Kakinanda SEZ for high-end Chine equipment manufacturers.
- Infosys Technologies (China) signed an agreement with People's Government of Qiannan Autonomous Prefecture to jointly build 'China-India Information Service Corridor' in Qiannan Autonomous Prefecture.
- IL&FS or Infrastructure Leasing & Financial Services signed an MoU with Industrial & Commercial Bank of China.
- IL&FS also signed a deal with China Huaneng Group.
- Welspun Group signed a deal with China National Technical Import and Export Corporation (CNTIC) for an integrated steel project in Gujarat.
- Welspun Energy signed a memorandum of understanding (MoU) with China's Trina Solar to jointly set up a photovoltaic industry park for production of 500 MW of photovoltaic cell and 500 MW of photovoltaic solar module in India.
- Autolite India signed a deal with Jinway Import & Export for manufacturing of high-tech capital goods in India.
- Bhushan Power and Steel signed a deal with CNTIC for a hot-rolled steel coil project.
- Eros Group signed an MoU with Shanghai Film Corporation for mutual development and exploration in opportunities in Indian and Chinese film markets.
- Eros Group also signed a pact with China Film Group for co-production of film Xuan Zang.
- NIIT China signed an MoU with Gui'an New Administrative Committee, Guizhou province for cooperation in the IT sector.
- The Confederation of Indian Industry (CII) signed a pact with People's Government of Guizhou for promoting Indian companies participating in IT projects.
- The industry chamber also signed a pact with Zhisland & Xifu for connecting Indian and Chinese private sector companies.
- Aarvee Associates Architects Engineers & Consultants signed a partnership agreement with China Railway SIYUAN Survey & Design Group.
List of B2B agreements signed during PM's visit shows China Inc. commitment to Make in India pic.twitter.com/wTuJNQ7RpY— Vikas Swarup (@MEAIndia) May 16, 2015
-
One El Nino, India Can Handle. Two Could Break The Granary
India's grain stocks can absorb one bad year, but a second El Nino could drain the buffer in two to three years, economists say.
-
India's Troika Of Good Luck | Joining The Dots
As Jensen Huang's exit drags Nvidia down, a cooling AI trade and resilient earnings have revived investor interest in India. A likely RBI rate hike looms.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.