Buyers of stressed assets might soon get an exemption from paying the minimum alternate tax (MAT), and the need for getting approval from fair-trade watchdog the Competition Commission of India (CCI).
Companies delaying execution of highway projects may be disqualified from bidding in the next round of contracts as the government is mulling over a policy that would debar concessionaires from tenders of fresh road projects if the previous contracts of the same company have missed completion timelines.
Indian oil refiners are drawing up plans to use petroleum coke for power generation and to produce syngas after the government banned use of the heavily polluting fuel in and around New Delhi.
If you own a car, you might soon have to forgo the subsidy on your LPG cylinders.
By eliminating 36 million fake connections through Direct Benefit Transfer for LPG (DBTL), the government has saved nearly Rs 30,000 crore of cooking gas subsidy.
Voicing displeasure over the lopsided provisions in the recently announced Saubhagyra scheme by the Centre, the state government has called for restructuring the programme.
The share of container shipments to the overall cargo handled by Indian ports is projected to rise to 25 per cent at the end of the financial year 2018-19.
The South Central Railway (SCR) and the Indian School of Business (ISB) today entered into a memorandum of understanding (MoU) to collaborate in capacity building and research.
Hyderabad-headquartered Tata Projects Limited has secured a $580- million contract (Rs 5,612 crore) to design and build a part of the Mumbai Trans HarbourLink, India’s largest sea-bridge, in a joint venture with South Koran company Daewoo E&C.
Ram Naresh, one of the most critical victims of the NTPC boiler blast in Uttar Pradesh’s Rae Bareli last month, will be discharged from AIIMS on Saturday, said hospital sources.
India reduced its energy subsidies by over $15 billion (over Rs 82,000 crore) between 2014 and 2016, a new report by the International Institute of Sustainable Development (IISD), the Overseas Development Institute and ICF India said on Friday.