Contract

Prime Minister Narendra Modi said more than 200 projects worth over Rs.3 lakh crore are underway and about one hundred twenty five have been completed as part of the Sagarmala programme.

Two recent amendments related to commercial disputes are steps taken by the government to make India a hub for International Arbitration, said Rajveer S Verma, Additional Secretary, Ministry of Law and Justice.

The Cabinet has approved the release Rs.627.40 crore for 10 projects sanctioned during 2018-19 and additional Rs.1,854.67 crore for sanctioning of new tourism infrastructure projects during 2019-20 under Swadesh Darshan Scheme.

L&T Technology Services Limited (LTTS) has won a multi-million-dollar project from one of the world’s top plastics, chemicals and refining manufacturers for the expansion of an existing site in Germany.

The PHD Chamber of Commerce and Industry (PHDCCI) has called for implementation of FIDIC contract in fast tracking road and highway projects in the country.

The Federation of Indian Export Organizations (FIEO) has called for “Double Tax Deduction Scheme for Internationalization of MSMEs” to allow MSMEs to deduct against their taxable income, twice the qualifying expenses incurred for approved overseas activities including market preparation, market...

Keppel Land Limited is taking Singapore’s international brand to Mumbai’s Urbania integrated township through a joint venture with India’s Rustomjee Group to build homes and retail units.

Projects worth Rs.7,700 crore, mostly sewage treatment plants, have been completed out of Rs.20,000 crore allocated for ensuring clean water flow into Ganga river.

A New Shipbuilding Financial Assistance policy has been in place since 9 Dec 2015 for assisting Indian shipyards’ shipbuilding contracts signed during 2016-2026, parliament was told on 12 Dec 2019.

Japan intends to continue support capacity building in the multi-billion dollar Liquefied Natural Gas (LNG) and participate in the hydrocarbon sector.