Kapil Dev Tripathi takes over as Oil Secretary
Senior IAS officer Kapil Dev Tripathi on Friday took over as the new Oil Secretary, coming in at a time when the sector is witnessing a lot of churning. An officer of the Assam-Meghalaya cadre of 1980...
View ArticleMaharashtra govt to install live-monitoring system for infrastructure projects
To curb misuse of government grants and effectively supervise infrastructure projects, Maharashtra government will install a live monitoring system that will be controlled through the state...
View ArticleIndia Issues 2 GW Solar EPC Services Tender
The Solar Energy Corporation of India has finally issued the first of a very long list of tenders to increase the country’s solar power capacity. The New Delhi-based government body has issued a 2 GW...
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Merrill Lynch Capital ups stake in Welspun Projects to 7.55%
Welspun Projects today said Merrill Lynch Capital has raised its stake in the company to 7.55 per cent. Prior to acquisition, Merrill Lynch Capital Markets Espana’s stake in the company was 3.80 per...
View ArticleHindustan Zinc, Cairn sign Rs 20,500-cr MoU with Rajasthan
Hindustan Zinc and Cairn India on Tuesday signed MoUs with Rajasthan Government to invest Rs 20,500 crore over the next three years in the state. The memorandums of understanding were inked by...
View ArticlePermission Sought by BP to Sell Jet Fuel
The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that an application for authorisation to market Aviation Turbine...
View ArticleRailways implements 39 budget decisions in 36 days
In an unprecedented pace of implementing announcements made in the Railway Budget 2015 -16, Ministry of Railway has already implemented 39 announcements ranging from passenger amenities system...
View ArticleMoUs signed with Germany
Various Memorandum of Understandings (MoUs) have been signed by Indian industries with Germany recently during Hannover Messe 2015 as below. These MoUs are expected to increase FDI flows to India,...
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Radiation technologies projects get 1700 cr
An outlay of approximately Rs.1700 crore has been provided under XII Plan for projects under Radiation Technologies and their applications. The Department of Atomic Energy (DAE) has developed and...
View ArticleCement demand may grow by 7% during FY16: ICRA
Riding high on the improvement in infrastructure, investment cycle and overall economy, the demand for cement is likely to grow by nearly 6.5-7 percent during FY16, rating agency ICRA said. Cement...
View ArticleSeychelles gets Cabinet nod for MoU
The Cabinet on Wednesday approved an agreement between India and Seychelles on renewable energy cooperation, signed during Prime Minister Narendra Modi’s visit to the country in March. “The Union...
View ArticleKirloskar Brothers displays submersible Sewage Pump
Kirloskar Brothers Limited, the global fluid management company, was the Platinum Sponsor for the third edition of The India Water Week, organized by the Ministry of Water Resources, Government of...
View ArticleIL&FS Engg bags Rs 327 cr rail contract
IL & FS Engineering and construction company has successfully bagged a Rs 326.99 crore rail contract. It was awarded by Bangalore Metro Rail Corporation. According to the contract, the scope of...
View ArticleFSC to invest Rs 200 crore in warehouses
Future Supply Chain Solutions (FSC) plans to invest Rs 200 crore in setting up new cold and dry warehouses across India, in the next two years. FSC presently has a total capacity of 22,000 pallet...
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RBI ’s Expanding Restricted List Of Countries For Property Investment
Shobhit Agarwal, Managing Director – Capital Markets, JLL India In a recently released circular, the Reserve Bank of India (RBI) has added Hong Kong and Macau to the list of the countries whose...
View ArticleSpain furnishes Draft MoU for Smart City Cooperation
The Spanish Government today submitted a Draft Memorandum of Understanding for cooperation in developing smart and sustainable cities in India. The Draft MoU relating to urban development was presented...
View ArticleModernization and Expansion Of Integrated Steel PLANTS OF SAIL
Steel Authority of India Ltd. (SAIL) has undertaken modernization and expansion of its five integrated steel plants at Bhilai (Chhatisgarh), Bokaro (Jharkhand), Rourkela(Odisha), Durgapur (West Bengal)...
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Govt’s Plan to improve Thermal Power Generation
The All India thermal generation during 2014-15 was 878.32 BU in comparison to 792.47 BU during 2013-14 registering a growth rate of 10.83%. This was stated by Sh. Piyush Goyal, Minister of State (IC)...
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Port sector gets encouragement from govt
Government has taken several steps to encourage investments in the port sector including the following: (1) 100% FDI under the automatic route is allowed for Port development projects. (2) Port Sector...
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Jet Airways launches express cargo service
Private carrier Jet Airways on Thursday launched an express cargo service on its domestic network with aim to facilitate faster movement of shipments in a time-bound manner. The latest offering,...
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