Projects

NIP targets to invest Rs.111 lakh crore over 5 years The Union Cabinet has approved the proposal for equity infusion by the Government of Rs.6,000 crores in NIIF Debt Platform sponsored by National Investment and Infrastructure Fund (NIIF), comprising of...

India attracted $30bn during COVID-19, says Kant Kamal Bali, President and Managing Director, Volvo Group, has identified five issues from the perspective of a Multi-National Corporation (MNC) at the CII National MNC Conference 2020. The change to customs procedures on...

Projects expect Rs.173.81cr investments The Inter-Ministerial Approval Committee has approved seven food processing proposals with a total project cost of Rs.234.68 crores including grants-in-aid of Rs.60.87 crores in the States/UTs of Meghalaya, Gujarat, Madhya Pradesh, Karnataka, Maharashtra. These projects will...

Sitharaman assures industries of the right policies and continuing reforms Enthused by the Government’s thrust on reforms and reduced taxation rates, several Sovereign Funds have expressed interest in partnering with the Government on its National Infrastructure Pipeline, Finance Minister Nirmala...

Airport recovery unlike before 2024, says S&P The hit to the India infrastructure sector from COVID-19 will still be felt in 2021 even amid an economic recovery following lockdown, said S&P Global Ratings in a report on 23 Nov 2020....

APEDA organized several Virtual Buyer Seller Meets Twenty-eight projects, with project costs of Rs.320.33 crores and supported with a grant of Rs.107.42 crores, has been approved under the Scheme of Creation/Expansion of Food Processing and Preservation Capacities (CEFPPC) The Inter-Ministerial...

Technology revolutionizes every aspect of human life Amazon Alexa Voice Service (AVS) has selected L&T Technology Services Limited (BSE: 540115, NSE: LTTS) as a Consulting and Professional Services (CPS) provider to support integration in various connected devices spanning multiple domains...

Birol praises India’s efforts on clean energy India has moved to the Centre stage of international energy affairs and is a role model for other major emerging economies, said Fatih Birol, Executive Director of International Energy Agency (IEA). Speaking at...

Ministry expects Rs.30,000cr investment Ministry of Railways expects about Rs.30,000 crores from 102 selected private sector investors following the Request for Qualifications (RFQ) for running Passenger Trains over Indian Railway Network. This will see private participation in the operation of...

Loan to support innovative solutions-precast bridges The World Bank is providing a US$120 million loan for Meghalaya to improve about 300-km of strategic road segments and stand-alone bridges by using innovative, climate-resilient, and nature-based solutions, linking the northeastern state to...