Technology

Banks urged to lend for solar installations The International Solar Alliance (ISA) is proposing to set up a US$300 billion fund for the global solar energy, said ISA Director General Upendra Tripathy. “ISA is to bring out a tender for...

Tourism and Railways Ministries to bear upgrade costs. Passenger amenities are to be upgraded at 24 railway stations by Ministries of Tourism and Railways (MOR), said State for Railways Rajen Gohain in a written reply to a question in Lok...

Each startup to get credit guarantee of Rs.500 lakhs. Government is formulating a Credit Guarantee Scheme for Startups (CGSS) with a corpus contribution of Rs.2,000 crores, enabling Startups to raise loans without any collateral for their business purposes, said Commerce...

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...

Two new centres are commitment to customers. NTT Communications Corporation (NTT Com), the ICT solutions within Tokyo-headquartered the NTT Group, has launched international data network services in India. The service is through its affiliate NTT Communications India Network Services (NTTCINS)....

DMIC receives Rs.499.86 crore funding. DMIC: work in progress. Commerce and Industry Minister Nirmala Sitharaman has given an update on the industrial corridors being built in the country, with funding status to date. The Delhi Mumbai Industrial Corridor (DMIC) is...

Tax exemption for import of raw materials. Though the 2011 imposition of Minimum Alternative Tax (MAT) had slowed down growth of special economic zones (SEZs), the implementation of Goods and Service Tax (GST) provides good investment opportunities in Indian SEZs,...

Nuclear pact comes into force. Modi and the Prime Minister of Japan, Shinzo Abe witnessing the exchange of the Civil Nuclear Agreement between India and Japan, at Kantei, in Tokyo on 11 November 2016. The India-Japan Agreement for Cooperation in...

Focus on R&D and Technologies. Tata manufactured Shaurya. India must be self-reliant in defence production and it is critical that private industry undertake defence technologies and manufacturing by understanding Indian Army’s requirements, said Lt-Gen. Sarath Chand, Vice Chief of Army...

Railways looking for cutting-edge technology. The National Institute for Transforming India, NITI Aayog, has approved Rs.18,000 crore investment for high-speed rail projects for Delhi-Mumbai and Delhi-Kolkata, Union Minister for Railways, Suresh Prabhu has told ASSOCHAM. “We are working on Gatiman...