Investment

Major ports empowered to perform with greater efficiency The Tariff Authority for Major Ports's (TAMP) role has been redefined and empowered to fix tariff which will act as a reference tariff for purposes of bidding for Public Private Partnership (PPP)...

Toyota Week held on Infosys platform Toyota Material Handling (TMH), a North American leader in material handling innovation, is deploying Infosys Meridian platform to make quality connections with dealers and customers, especially during the current social distancing required due to...

PIM issued for the sale of Pawan Hans The Transaction Adviser is scrutinizing the "Expression of Interest” received for the strategic sale of Air India, said the Civil Aviation Ministry on 9 Feb 2021 The Product Information Management (PIM) for...

Capital grant of 50% of the eligible project cost The Ministry of Food Processing Industries has floated Expression of Interest (EoI) for submission of proposals for setting up of Mega Food Parks in the country under Mega Food Park Scheme...

Global investors back IREDA's Re financing Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency (IREDA) have receiving funding support to implement Re projects across the country including power generation plants and manufacturers of hardware required...

Boeing-Lockheed Martins work with MSMEs The Government aims to double the number of MSMEs to 16,000 in defence and aerospace sector in the next five years from 8,000 MSMEs as these are the backbone of the industry, Defence Secretary Dr....

Rs.3,000cr allocated for three bulk drug parks The Indian Pharma Industry's market size is expected to reach the US$130 billion by 2030 while the medical devices industry in India has the potential to reach US$50 billion by 2025, said D...

MoU signed for transfer of key technologies France's Safran Aircraft Engines has signed an MoU at Aero India 2021 on 5 Feb to explore opportunities for strategic business cooperation that leverage the complementary talents and capabilities of the both parties...

LoI for making Adour Mk871 engine parts in India Industrial heavyweight Rolls-Royce is further strengthening partnership in India through collaboration with Hindustan Aeronautics Ltd (HAL) in two significant areas – expanding the supply chain for both Civil and Defence Aerospace...

Strategic disinvestment policy for non-priority sector Minister of State for Defence Shripad Naik has updated Rajya Sabha on 8 Feb 2021 on disinvestment of Defence Public Sector Undertakings (DPSUs) - BEML Ltd, Garden Reach Shipbuilders & Engineers Limited (GRSE) and...