Investment

Commerce and Industry Minister, Suresh Prabhu, has cleared a proposal aiming at simplifying the process of exemptions for Start-ups under Section 56 (2) (viib) of Income Tax Act.

The recent interim budget announced fresh sops for the Indian real estate sector, which, on closer scrutiny, did not really send clear revival signals to the market at all.

Kawasaki Heavy Industries Ltd has opened a new plant in India to serve the construction industry with hydraulic equipment, demand for  which is increasing.

A leading member of the NITI Aayog, Dr V K Saraswat, has called for the development of different kinds of weapons particularly in the areas of low intensity conflicts.

Air Marshal Stuart Evans leading a delegation and 20 defence and aviation technology companies, reflecting commitment to strengthen UK-India ties at Aero India 2019.

Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable from Atlanta, has opened its first Asia office in Sunrise State of Andhra Pradesh in the city of Visakhapatnam (Vizag).

The government has sanctioned Rs.480 crore for enhancing production at the Modern Coach Factory (MCF) to 3,000 coaches per year by 2020-21.

Defence Research & Development Organisation (DRDO) will be showcasing around 250 systems, technologies, working models and innovations in all formats i.e. indoor, outdoor and live display at the Aero India 2019 being held 20-24 Feb 2019.

About 1,000 km of Mass Rapid Transport System (MRTS) or metro line proposals under planning while 600 km are under construction and are to be operational over the next five years, said the Ministry of Housing & Urban Affairs on...

Indian youths will be trained and skilled in the aerospace and aviation industries under a Memorandum of Understanding to be signed at the AeroIndia 2019 on 22 Feb 2019.