Land acquisition for a 15 km India-Bangladesh railway line has finally begun in both countries — more than seven-and-a-half-years after the Rs 963 crore ($145 million) project was finalised and a year after the ground-breaking ceremony was performed, an official said here.
Coal India has asked five of its seven subsidiaries to keep aside a total of 40 million tonnes of coal for auction to independent power producers under the Shakti scheme.
The National Association of Street Vendors of India estimates that there are around 30,000 street vendors in Bengaluru. Small businesses like these face innumerable challenges, given their make-shift existence.
Metals magnate Anil Agarwal’s Vedanta Resources would raise up to $1 billion in dollar bonds in the second such issue in six months, harnessing global liquidity to pare high-cost debt and build an expansion kitty ahead of the mining cycle turnaround. The sale is likely as early as next week, three people with direct knowledge of the exercise told ET.
Mass rapid transportation technologies such as hyperloop, metrino and pod taxis could soon be a reality in India after Niti Aayog cleared half-a-dozen proposals of the transport ministry exploring options to improve public transport.
The ministry of road transport and highways has saved the banking sector from Rs 3 lakh crore bad loans by reviving stalled projects, its minister Nitin Gadkari has said.
Schneider Electric has appointed Meenu Singhal as the Vice President of its industry business.
India’s dependence on coal will continue even after three decades from now with an estimated share of 42-50 per cent of the country’s energy mix, said a report.
India’s logistics sector stands to gain the most under the GST regime as costs will dip by almost 20 per cent, Union Minister Nitin Gadkari said today.
In a bid to utilise the provisions of the Indus Waters Treaty to the full, India is planning speedy construction of eight hydroelectric projects in Kashmir.