Investment

India can be a major player in Deep Technology if it takes the right steps with a large pool of 1.35 billion human brains and not miss the huge opportunity.

The Indian Railway plans to invest US$700 billion through partnerships, joint ventures and collaborations to strengthen the infrastructure and reach the farthest corners of the country in the next 12 years.

Qatar Holding LLC’s (QH) acquisition of Adani Electricity Mumbai Limited (AEML) and Adani Electricity Mumbai Services Limited (AEMSL) is deemed approved under the Competition Commission of India (CCI) Green Channel which is an automatic system.

Commerce and Industry Ministry will extend all help to the gem and jewellery sector to achieve its target of US$75 billion much faster from the current US$40 billion, assured Minister Piyush Goyal.

Prime Minister Narendra Modi has highlighted the sweeping reforms to make Banking Sector more transparent and profitable.

The Asian Development Bank (ADB) has signed a US$490 million loan for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh.

Housing project delays are perpetually under a tainted spotlight and the country’s top judiciary, including Supreme Court and consumer courts, maintain that home buyers cannot be made to wait indefinitely for the possession of their flats/apartments.

Industrialists have suggested ways to reduce time for Foreign Direct Investment (FDI) approval during the Pre-Budget meeting with Finance Minister Nirmala Sitharaman in Delhi on 19 Dec 2019.

The National Rail Transport Institute (NRTI) is to set up its first Centre of Excellence for Next Generation Transportation Systems for which it has signed a Memorandum of Understanding (MoU) with the University of Birmingham.

The price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top 7 cities has been reduced to a mere 3-7% in 2019, according to data from property consultants ANAROCK.