The Indian government is open to making changes in 5,000-hectare land ceiling for Special Economic Zones which was decided at the meeting of Empowered Group of Ministers about two weeks back.
National Thermal Power Corp, Gas Authority of India Ltd and Indian lenders will contribute Rs 500 crore (Rs 5 billion) each as equity
Real estate and hotels major Royal Palms will invest around Rs 600 crore (Rs 6 billion) to set up an IT/ITeS special economic zone in Mumbai that would be ready for occupation by end of next year.
The government is likely to set up a Group of Ministers (GOM) to take a final decision on divesting stake in the telecommunications company, Bharat Sanchar Nigam Ltd.
The empowered group of ministers on Friday deferred a decision on the appointment of a financial consultant for privatisation and modernisation of Delhi and Mumbai airports.
Ending the suspense over the modernisation of airports, the empowered group of ministers took a final decision on Tuesday on the Rs 5,400 crore (Rs 54 billion) projects at Delhi and Mumbai Airports, contracts for which would be awarded by January 31.
The government on Tuesday said it was considering various options for restructuring of the 2,184 MW Dabhol power project.
The empowered group of ministers on Saturday gave its approval to Air India's proposal to purchase 68 aircraft after completing final round of price negotiations with US manufacturer Boeing, which has offered massive discounts on the total value of t
Airport upgrade bids to be finalised on Dec 5
The empowered group of ministers (GoM) looking into ways to resolve crisis in the $3 Dabhol power project on Friday discussed various issues including the future course of action on litigation and restructuring but could not arrive at a decision.
The Union Cabinet is understood to have decided to constitute an empowered Group of Ministers to resolve the crisis plaguing the multi-billion Dabhol power project, promoted by the erstwhile Enron Corporation.
More than ever before, women voters can make or mar a political party's electoral fortunes.
The Congress leader is also being probed by ED in two separate money-laundering cases of Aircel-Maxis and INX Media.
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
The Empowered Group of Ministers, which is looking into the debacle of the Dabhol power project
A bill to allow the private sector to mine six atomic minerals, including lithium, and deep-seated minerals like gold and silver was approved by the Lok Sabha on Friday.
Maruti scrips closed 1.8 per cent higher at Rs 663.05 on the Bombay Stock Exchange.
The stage is set for opening of commercial bids for the modernisation of Delhi and Mumbai airports, with the empowered group of ministers on Civil Aviation scheduled to meet on Monday for taking a decision on technically qualified bidders.
The Union Cabinet on Thursday cleared Indian Airlines' plans to purchase 43 aircraft from Airbus Industrie.
The aircraft to be inducted by Indian Airlines are 19 Airbus A 319s, Four A 320s and 20 Airbus A 321s.
Amid his thrust on efficient governance, delivery and implementation, Prime Minister Narendra Modi on Monday held a marathon meeting with his entire 45-member Council of Ministers to emphasise these aspects.
Indian lenders to the Dabhol power plant are close to a settlement with Bechtel, which will clear the last major hurdle in reviving the 2,184 MW power plant that has been shut for over four years.
'I declined the generous offer of Congress to join the party as part of the EAG and take responsibility for the elections. In my humble opinion, more than me the party needs leadership and collective will to fix the deep rooted structural problems through transformational reforms,' Kishor said in a tweet.
The freeze on special economic zones may go in the next 10 days, with the empowered group of ministers expected to give its nod to proposals that show land has already been tied up.
While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.
To provide better working conditions and social security to workers in the unorganised sector, an empowered group of ministers on Friday cleared a draft of the unorganised sector workers bill that provides for pension and insurance to the workforce.
The ministry of finance has estimated that about Rs 1,800 crore (Rs 18 billion) would be needed to restart the Dabhol Power plant, lying idle for the past three years.
