Investment

Govt tightens layers of accountability Jaitley. Finance and Corporate Affairs Minister, Arun Jaitley, has stressed on the importance of procedural fairness in public procurement and award of contracts. This can be ensured through transparency and fairness that enable a State...

Govt focus to make business easier for industry Prabhu at the industry policy launch. Commerce and Industry Minister Suresh Prabhu has kicked off a series of nation-wide consultations with the industry on the proposed new Industrial Policy, first of which...

Haryana and Chandigarh accelerates DPRs Detailed project reports (DPRs) are being prepared for 11 projects in Amritsar, 19 in Jalandhar and 19 in Ludhiana as part of the 'Smart Cities Mission (SCM)' development. These projects are estimated to cost Rs.3,385...

Minister set 2018 target to build 10,000-km The National Highways Authority of India has invited bids for 1,000km projects within the next 15 days. In total, NHAI plans to award 3,300 km of road projects this month (February) and 5,000...

Gadkari sees huge demand for ships Cochin Shipyard Limited (CSL) and Joint Stock Company United Shipbuilding Corporation (USC), Russia have signed a Memorandum of Understanding (MoU) to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for...

Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River. Implementor Inland Waterways Authority of...

MSMEs in dialogue with Southeast Asian companies Micro, small and medium enterprises (MSMEs) from India's space and satellite sector are set to internationalize their sub-system manufacturing expertise through joint ventures with global manufacturers. “Indian industry is in dialogue with not...

Shanbhag to lead Asia Pacific businesses   India is a very dynamic environment and is driving innovation in core telecom infrastructure such as 5G technology, said Vikram V. Shanbhag, Coriant's newly appointed managing director for Asia Pacific South. "For example,...

Two defence industrial corridors proposed India has raised its defence budget to Rs.2.95 lakh crore, about Rs.94,000 crore whic if for purchase of military hardware -- artillery guns, warships and fighter aircraft. Tabling the budget on 1 Feb 2018, Finance...

Self-financing PPP model to implement projects     Bengaluru and Mumbai will get high-speed suburban rail networks, Finance Minister Arun Jaitley announced in his Union Budget FY19. "A suburban network of approximately 160 kilometres at an estimated cost of Rs...