Investment

41 of Namami Gange Programme completed. The Indian government has withdrawn US$91.26 million till now from the World Bank sanctioned US$1 billion loan for projects on the main stem of Ganga river, Lok Sabha was told on 10 Aug 2017....

Land parcels are available for manufacturing units.   Pune, a technology driven real estate market, is witnessing increased traction in the Industrial sector. Reducing average vacancy levels and a supply crunch in all preferred micro markets has led to decrease...

But everything is not hunky dory, report. Recent reforms have put India in a position to achieve faster and sustainable growth over the next few years, but policymakers face challenges in handling non-performing loans and reviving private investments. This is...

Two berths to be operational by 2018 Tenders worth Rs.380 crore for equipment have already been finalized while civil construction work has already started at Iran’s Chabahar Port, said Minister of Shipping Nitin Gadkari has said. Gadkari is hopeful of...

Retail investors gave good response to offer. The Government of India has disinvested 6.83% of paid up equity in Hindustan Copper Limited through Offer for Sale (OFS), aiming to collect Rs.400 crore. The trading took place on 2nd and 3rd...

Jaitley sees inherent value in impaired assets. Minister Jaitley addressing the Industrialists and Heads of various Chambers, in Chennai on 30 July 2017. The Insolvency and Bankruptcy Code (IBC) framework and Government’s emphasis on resolution represent a unique opportunity for...

Strong Govt support needed for mindset change. A Government Committee for establishing institutional system of arbitration would soon submit its report recommending changes in the system and law, said a retired Judge. “But arbitration in India would only change when...

NAM earmarks Rs.440 crore for medical facilities. The government has approved 39 hospitals, each of 50-bed, from 45 proposals received during 2016-17, said Minister of State for AYUSH (Independent Charge), Shripad Yesso Naik in reply to a question in Lok...

SPV formed for managing station and hotel. Gandhinagar station. The Indian Railway Stations Development Corporation Ltd (IRSDC) and the state Government of Gujarat (GoG) has formed a special purpose vehicle for the re-development of Gandhinagar station. The IRSDC has taken...

Highlights of financing issues. Thirty-one national highways projects have reached financial closure over the last three years amidst challenging financing environment, said Minister of State for Road Transportation and Highways Pon. Radhakrishnan in a written reply to a question in...