Investment

Aditya Birla Capital Limited (ABCL) and Värde Partners have announced an exclusive strategic partnership to pursue investments in stressed and distressed assets in India.

National Highways Authority of India (NHAI) has called bids for second bundle of Toll-Operate-Transfer project (T-O-T) for 586.55 km in Gujarat, Rajasthan, West Bengal and Bihar.

India’s Act East policy has started securing investments from Japan, South Korea and China, said Jamshyd N. Godrej, co-chairman of the India-Singapore Strategic Dialogue 2018 (ISSD).

The World Bank has signed a US$250 Million Agreement to support Electricity Distribution Sector Reforms in Rajasthan.

The Tourism Ministry has sanctioned two projects under Heritage and North East Circuits of Swadesh Dashan Scheme for Rs.164.95 Crores in Punjab and Tripura.

The 362 km Indore-Manmad New Railway Line Project will cost Rs.8,574.79 crores and constructed within six years. It will result in cumulative net economic benefits of estimated Rs.15,000 crore in the first ten years of operations.

Construction of the Rs.3,966.51 crore Lakhwar Multi-Purpose project in the Upper Yamuna Basin is set to commence with the signing of a Memorandum of Understanding in New Delhi on 28 Aug 2018 between the Central Government and northern states.

India’s IT companies have left their mark in 200 cities of 80 countries, enabling India to emerge as a profound digital power, Minister for Electronics and IT Ravi Shankar Prasad has said.

Three Indian students, doing Global Master of Business Administration at the S P Jain School of Global Management in Singapore, have jointly won the Flywire Challenge, a payment transaction group which mentors startup ideas.

Dr. G. Satheesh Reddy, Scientific Adviser Defence Minister, has been appointed Secretary, Department of Defence Research and Development (DDR&D).