The Process Plant and Machinery Association of India (PPMAI), the apex body of capital goods manufacturers has welcomed introduction of Linke Hofmann Busch (LHB) coaches which are considered safer, lighter and paint free with longest maintenance free life by Indian railways recently.
The Union Cabinet has approved a Memorandum of Understanding between India and Switzerland on rail cooperation, the government said Wednesday.
Infrastructure major Reliance Infrastructure on Tuesday said it will participate in the “very ambitious” Rs 1 lakh crore bullet train project of the Indian Railways.
India and South Korea have reviewed the Comprehensive Economic Partnership Agreement (CEPA) during the visit of Commerce Minister Suresh Prabhu Seoul, official sources said on Monday.
India and Kazakhstan on Wednesday discussed expanding cooperation in hydrocarbons and nuclear energy sectors, as well as expanding the International North-South Transport Corridor by linking it to the Kazakhstan-Turkmenistan-Iran rail link, an official statement said here on Wednesday.
State-run miner Coal India Ltd is emphasising on “quick” and “swift” exploitation of the domestic fossil fuel reserves in order to meet future demand and reduce imports, an official said in Kolkata on Thursday.
Apex industry body the Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the government to remain focused on economic development in all its dimensions.
State-run explorer Oil and Natural Gas Corp (ONGC) has received government approval for acquiring Gujarat State Petroleum Corp’s (GSPC) entire 80 percent stake in a Krishna Godavari (KG) basin gas block in the eadtern offshore for Rs 7,738 crore, according to ONGC.
With the Goods and services tax (GST) comes into effect from 1 July, the micro, small and medium enterprises (MSMEs) would be able to compete with foreign competition coming from cheap cost centers such as China, Philippines, and Bangladesh, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Sunday.
Indigenous manufacturing of major components and ensuring a strong participation from the domestic industry are the major challenges before the Indian nuclear power programme now, says former Atomic Energy Commission (AEC) chief M R Srinivasan.