Energy supermajor Exxon Mobil Corp is in talks to buy a stake in producing oil and gas fields in India, Oil Minister Dharmendra Pradhan said on Wednesday showcasing efforts to raise domestic output to cut imports. Exxon Mobil had in October last year signed a memorandum of understanding (MoU) with state-owned Oil and Natural Gas Corporation (ONGC) to offer its expertise and technology for developing resources in offshore blocks.
The 36 villages cover a 36.9 sq km area, while the 30 villages are spread over 18 sq km area, he said.
The Maharashtra government's industrial infrastructure arm MIDC signed a Memorandum of Understanding with four companies for developing special economic Zones, which will attract minimum investment of Rs 17,000 crore (Rs 170 billion) and create employment of more than 50,000.
The Southern Illinois University School of Medicine in Springfield and the Prathima Institute of Medical Sciences, in Karimnagar, Andhra Pradesh, which was established at the initiative of a group of non-resident Indians, have signed a memorandum of understanding for fostering academic collaboration and improving rural healthcare. The agreement allows for student and faculty exchange between the two institutions.
The seven IITs are Kharagpur, Bombay, Madras, Kanpur, Delhi, Guwahati and Roorkee and the consortium is headed by IIT Bombay director Devang Khakhar.
"We have a long history of relations with people of this state. Many professionals from this state were settled in US decades ago and today they are successful and are important players in American life," Mulford pointed out.
Mining magnate Anil Agarwal has said Gujarat was picked over Maharashtra for the Vedanta-Foxconn's Rs 1.52 lakh crore semiconductor project based on 'professional and independent' advice, as the political row in Maharashtra over the facility escalated on Thursday.
The combativeness reflects her insistence not to meekly acquiesce to what has been going on in Raisina Hill for years or decades, observes Kartikeya Tanna.
Proposals involving Himachal Pradesh and Uttar Pradesh were being pursued since 2019.
The memorandum of understanding, to be signed with Spanish Railways, will be in operation for three years.
The Sri Lankan government has asserted that the recently signed maritime security pacts with India will "neither result in hindrance nor threat" to the island nation's security as "misinterpreted" by several media outlets in this country.
Pakistan and the United States on Tuesday signed a deal on the transit of supplies for the North Atlantic Treaty Organisation forces in Afghanistan through Pakistani soil that bars transportation of all lethal equipment, including arms and ammunition, prompting Washington to agree to release $ 1.1 billion in frozen military aid.
In addition, both will offer services jointly, subject to financial viability.
Institute says Sambalpur University, where it has been housed since April, is refusing to honour an MoU to provide two hostels to its students.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
According to the organisers, based on the feedback from the NOCs and NPCs, it is expected that a significant proportion of Games participants will have been vaccinated before arriving in Japan. The new MoU adds to these efforts.
As per the well-established system, all the 249 public sector units are to sign a memorandum of understanding with their administrative ministries, setting the performance targets which are reviewed at the end of the fiscal year.
As per the deal, the processing, disbursement and servicing functions for all home loans sourced by IndusInd Bank will rest with HDFC, a press release issued here stated.
The termination of the pact comes after the deal with the Brazilian government for supply of 20 million doses of the vaccine landed in controversy and attracted investigation by authorities in that country.
Pakistan aren't exactly 'begging' India to play against them but Pakistan Cricket Board chairman Shaharyar Khan said they are well within their rights to 'push' the Board of Control for Cricket in India into honouring the Memorandum of Understanding for six bilateral series between the two countries.
The Pakistan Cricket Board (PCB) had demanded Rs 447 crore compensation after alleging that the BCCI didn't honour the MoU that required India to play six bilateral series between 2015 to 2023.
The Pakistan Cricket Board (PCB) on Wednesday sent a legal notice to the Board of Control for Cricket in India, initiating proceedings to seek compensation from the Indian Cricket Board for not honouring the memorandum of understanding (MoU) to play six bilateral series between 2015 and 2023.
The Pakistan Cricket Board has paid the BCCI approximately $1.6 million as compensation after losing the case in the ICC's Dispute Resolution Committee, PCB chairman Ehsan Mani claimed.
Amazon India on Friday said it has signed an agreement with with the Directorate General Resettlement (DGR) to provide ex-service personnel with work opportunities across its network in India. With this partnership, Amazon India will continue to create fulfilling alternate career opportunities for ex-service personnel who have served the country, a statement said. The association with DGR will further enable Amazon India to mobilise the untapped potential of veterans, giving it access to a greater talent pipeline, it added.
The two Tests will be played from February 3 to 7 and February 11 to 15 in Chittagong and Dhaka respectively.
IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.
India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.
Asserting that sovereignty and territorial integrity of China are "sacred and inviolable", the country's national legislature has adopted a new law on the protection and exploitation of the land border areas, which could have bearing on Beijing's border dispute with India.
The Department of Space (DoS) plans to realise entirely-built rockets -- GSLV-Mk III and SSLV -- from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL.
"The 21st century peacekeeping must be anchored in a strong ecosystem of technology and innovation that can facilitate UN peacekeeping operations in implementing their mandates in complex environments," India's external affairs minister S Jaishankar said
Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.
The memorandum of understanding calls on Ex-Im Bank and Ficci to exchange information on business opportunities for the US exporters and Indian buyers, and to cooperate on workshops and other initiatives to widen understanding of their respective programmes. At a function held at the Ex-Bank headquarters in Washington, the MoU was signed by the Ex-Im Bank Chairman and President Fred P Hochberg and Ficci secretary general Amit Mitra.
Australia's players will boycott an 'A' team tour of South Africa later this month unless a new pay deal is struck with Cricket Australia beforehand, the Australian Cricketers' Association (ACA) said on Sunday.
"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.
Meanwhile, Pakistan ready to play in India, says PCB chief
The BJP said the email purportedly by an Airbus executive referred to a helicopter deal and not Rafale.
India tops the world with 11% of global deaths in road accidents while we have only 1% of the world's vehicles.
The Pakistan Cricket Board (PCB) found itself in an embarrassing position over its plans to seek compensation from the Board of Control for Cricket in India for not honouring the MoU signed between the two countries to play six bilateral series between 2015 and 2023.
With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US will be subject to on-site inspection by the US Food and Drug Administration (USFDA). The last two years saw limited physical inspections due to travel restrictions during the pandemic. "Pre-Covid, the frequency and number of inspections of manufacturing plants in India by USFDA had increased significantly," analysts from ICICI Securities Research noted. "With growing ANDA filings, especially for complex products. "We expect this trend to return with the environment normalising," analysts from ICICI Securities Research noted.
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