Investment

The Cabinet Committee on Economic Affairs has approved a new Broad Gauge Electrified Line of 294.53-km route from Katghora to Dongargarh.

The Cabinet Committee on Economic Affairs has approved the construction of New Domestic Terminal Building and other allied structures at Patna airport at an estimated cost of Rs.1,216.90 crore.

The intra-BIMSTEC trade has the potential to grow to US$240 billion from the current estimated US$40 billion once a Free Trade Agreement is implemented, M. Shahidul Islam, Secretary-General of the seven-member country group, citing estimates by think-tank groups.

European Union Ambassador Tomasz Kozlowski has highlighted EU’s interest in working with Indian businesses to accelerate clean energy pathways, and increased engagement of stakeholders at all levels.

India’s urban areas need technology-based solutions to enhance service delivery, better mobility and greener transport, smart governance and in doing more with less.

Tata Steel Ltd will improve the share of long products in its business following acquisition of Usha Martin Ltd. It is bidding for Usha Martin.

The last date for submission of applications to the Defence India Startup Challenge (DISC), being organised by the Defence Innovation Organisation (DIO) has been extended till 31 October 2018.

It’s not exactly raining investments in the Indian real estate sector right now, but the increasing number of large-size investments give a ray of hope, writes Anuj Puri, Chairman – ANAROCK Property Consultants.

Wipro Limited has formed partnerships with two leading UK academic institutions – King’s College London and Sheffield Hallam University - for strengthening STEM education in state schools in the United Kingdom.

The Cabinet Committee on Economic Affairs has revised the cost estimate of Dam Rehabilitation and Improvement Project (DRIP) to Rs.3,466 crore with the financial assistance of the World Bank.