Union minister for Shipping, Road Transport and Highways, Nitin Gadkari announced today that a cruise tourism policy is in the making and will be announced next month with an aim to tap India’s vast potential on this front and attract more vessels.
July 1 will not only be about the biggest indirect direct tax reform — the Goods and Services Tax — but also about a new kid on the block in India’s hydrocarbon space: Open Acreage Licensing, which allows companies to cherry-pick their own areas for exploration.
Describing GST as the most revolutionary tax reform since Independence, the Union Minister of State for Energy and Coal (independent charge), Piyush Goyal, has sought the co-operation of the trade, industry and all sections of society to make it a huge success.
Six months after the first proposal of building a modern transportation system in India gained ground, Hyperloop India has taken its first step.
Mukesh Ambani’s revived interest in the energy value chain particularly retail business will also result in existing players revisiting their business models as well as attract other global players, industry trackers believe.
Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.
Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by an RBI panel for resolution under the Insolvency and Bankruptcy Code, 2016 (IBC).
Titagarh Wagons has transformed from being a wagon maker for the Indian Railways to also being a shipbuilder. By bagging the ₹175-crore order from the Indian Navy for the construction of four vessels, it has scored against defence PSUs like Goa Shipyard as well as private sector shipyards like Reliance Defence.
NTPC’s storage-linked solar project in the Andaman & Nicobar Islands is facing hiccups at the inception stage itself.
Sanjeev Kaushik, who is presently Deputy Managing Director of IIFCL, has been entrusted with the additional charge of the post of Chairman & Managing Director of this institution with effect from June 12.