Investment

Public Sector Oil Marketing Companies (OMCs), Gail (India) Limited and Indraprastha Gas Limited (IGL) have issued 443 numbers Letters of Intent (LoIs) as on 29 Nov 2019 for setting up Compressed BioGas (CBG) plants in the country.

The Special Economic Zones has received investment of Rs.521,631.44 crore as of 30 Sept 2019 since the concept was first passed by parliament in May 2005.

Various steps have been taken to relax Visa norms for business activities, Minister of State for Home Affairs Nityanand Rai told Rajya Sabha on 4 Dec 2019.

Three new problem statements have been launched recently to expand the startup network in the Aeronautics, Aerospace and Defence sector, State Minister for Defence Shripad Naik said in a written reply to parliament on 4 Dec 2019.

The Cabinet has approved the plan and authorised India Trade Promotion Organisation (ITPO) to transfer 3.7 acres of land at Pragati Maidan for a five-star hotel.

The Cabinet Committee on Economic Affairs has approved creation and launch of Bharat Bond Exchange Traded Fund (ETF) to create an additional source of funding for Central Public Sector Undertakings (CPSUs) Central Public Sector Enterprises (CPSEs), Central Public Financial Institutions...

Bengaluru’s VuNet Systems, an AI Driven IT Operations(AIOps) platform start-up, has been recognized in the Gartner’s Market Guide for AIOps Platforms 2019.

Utah’s Co-Diagnostics, Inc. (Nasdaq: CODX) said its joint venture for manufacturing has obtained regulatory clearance for five tests to be manufactured and sold as in vitro diagnostics (IVDs) from their facility in Ranoli.

S&P Global Ratings has reaffirmed Sovereign Credit Rating of India at BBB- with Stable outlook, saying it expects Indian economy to continue to outperform its peers and that growth will remain strong over the next 2 years.

Multiple steps have been taken to curb the cyber threats on the National Power Grid’s large number of assets established across the country.