Investment

The Empowered Committee of Secretaries (ECS) and Group of Ministers has approved the award of 23 contract areas to Highest Ranked Bidders as part of the Discovered Small Field (DSF) Bid Round – II.

India is a priority partner for the United Kingdom to develop next generation aircraft technologies with. The UK is already developing powerful radars, advanced engines and avionics systems, for future combat air systems due for operations from the mid-2030s.

The Asian Development Bank (ADB) and the Government of India have signed a US$926 Million Loan Agreement 1 Mar 2019 to operationalize two lines for the Mumbai Metro Rail System that will ease the distress of millions of commuters each...

The Cabinet Committee on Economic Affairs has approved Vodafone Idea Ltd proposal Foreign Direct Investment of more than Rs.5,000 crore and up to Rs.25,000 crore.

The Cabinet has approved Agra Metro Rail Project having two corridors, connecting major public nodes, tourist places and city cluster areas of Agra.

Mahindra Electric took 4 years for its electric cars to complete the first 50 million eKms and now the second 50 million eKms milestone is achieved in less than two years.

The Indian electric car market is projected to reach US$707.4 million by 2025, predominantly driven by the government schemes, growing environmental concerns, and falling battery prices, said a research report on 27 Feb 2019.

Harris Communications Systems India Pvt Ltd recently completed renovations on a 12,000-square-foot, state-of-the-art facility in New Delhi that will house the network operations control center for India’s nationwide aviation communications infrastructure.

As part of its future-ready vision of turning all telcos and merchants digital, Apigate, the next generation Application Programming Interface (API) platform, has forged partnerships with top multinational enterprises in India, Singapore and China.

Drones offer a Greenfield opportunity for the aviation sector the growth of which can carry along many other sectors to spur up the Gross Domestic Product (GDP), Civil Aviation Minister Suresh Prabhu has said.