News for 'Public Private Partnership'

India to amend nuclear liability law ahead of Modi's US visit

India to amend nuclear liability law ahead of Modi's US visit

Rediff.com1 Feb 2025

India on Saturday announced plans to amend its nuclear liability law and set up a nuclear energy mission, a move that came ahead of Prime Minister Narendra Modi's likely visit to the United States.

Railways to allow private players for bullet train projects

Railways to allow private players for bullet train projects

Rediff.com18 Sep 2020

The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.

BEWARE! Govt Can Intercept Messages

BEWARE! Govt Can Intercept Messages

Rediff.com26 Jun 2024

Messages sent through Internet-based messaging service providers such as Whatsapp, Signal, and Telegram, as well as those which are encrypted, are understood to be within the Act's ambit.

Arming Armed Forces: India's Choice Not Trump's

Arming Armed Forces: India's Choice Not Trump's

Rediff.com17 Mar 2025

We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).

Healthcare needs urgent attention and investment: Haldea

Healthcare needs urgent attention and investment: Haldea

Rediff.com5 Jun 2012

The investment deficit in the healthcare sector could be bridged through public private partnership (PPP) among other measures, a senior Planning Commission official said on Tuesday.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Maha hospital deaths: Minister seeks 4 months for...

Maha hospital deaths: Minister seeks 4 months for...

Rediff.com5 Oct 2023

In the wake of deaths of several patients at government-run hospitals at Nanded and Chhatrapati Sambhajinagar in a short span, Maharashtra minister Hasan Mushrif on Thursday said positive changes will be brought in the functioning of the state-run medical facilities in four months.

Transparent system for private investment in railways: Prabhu

Transparent system for private investment in railways: Prabhu

Rediff.com27 Mar 2015

Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.

Govt approves 6 road proposals worth Rs 9,774 cr

Govt approves 6 road proposals worth Rs 9,774 cr

Rediff.com13 Jul 2011

The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states, an official statement said.

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Rediff.com13 Mar 2025

The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.

India imposes restriction on public procurement from China

India imposes restriction on public procurement from China

Rediff.com24 Jul 2020

The Government of India amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security, an official statement said.

$700-mn ADB loan for infra projects

$700-mn ADB loan for infra projects

Rediff.com17 Nov 2009

"The Asian Development Bank will provide India up to 700 million dollar in loans to accelerate its roll-out of infrastructure projects through public-private partnership initiatives."

'Comedians Usually Bounce Back'

'Comedians Usually Bounce Back'

Rediff.com15 Feb 2025

'Unless a comedian is involved in something society deems unforgivable...'

Coming Soon: 'Trusted Fact Checkers'

Coming Soon: 'Trusted Fact Checkers'

Rediff.com4 Mar 2023

The government wants a collaborative model with a public-private partnership to fact-check social media content.

'Private investors will wait for election results'

'Private investors will wait for election results'

Rediff.com14 Aug 2023

'Policy-sensitive sectors will wait and watch, but policy-agnostic areas will continue based on normal consumption demand.'

30 mega food-parks to come up across India

30 mega food-parks to come up across India

Rediff.com7 May 2008

The government plans to establish 30 mega food-parks in different parts of the country through the public-private partnership (PPP)-route and special purpose vehicle modes.The public-private partnership route or special purpose vehicle mode would be adopted for these parks, he added. The centre planned to set up the parks from this year on, he said.

FM readies roadmap to boost infrastructure spending

FM readies roadmap to boost infrastructure spending

Rediff.com11 Jun 2021

Finance Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects. During a meeting with senior government officials to discuss the infrastructure roadmap, she also urged the ministries and their CPSEs to ensure clearance of Micro, Small and Medium Enterprises (MSME) dues at the earliest. This was the fifth review meeting by the finance minister with ministries and departments on the infrastructure roadmap.

Govt opens door for private airport developers

Govt opens door for private airport developers

Rediff.com31 Oct 2015

The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.

PM for 100 ISB-type campuses in India

PM for 100 ISB-type campuses in India

Rediff.com5 Dec 2006

Prime Minister Dr Manmohan Singh on Tuesday stressed the need for public-private partnerships to meet the challenge of building 100 Indian School of Business (ISB)-type campuses across the country.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Govt may miss Rs 6-trillion national monetisation target

Govt may miss Rs 6-trillion national monetisation target

Rediff.com2 Mar 2022

The Centre's ambitious Rs 6-trillion National Monetisation Pipeline (NMP) could fall short of yearly targets for the current fiscal year (FY22) and the next one as well (FY23), partly due to the long gestation period in monetising big-ticket railway infrastructure, Business Standard has learnt from sources in the finance and rail ministries. Officials say the major chunk of railway monetisation will happen from FY24 onwards because leasing some of the infrastructure, like stadiums and dedicated freight corridor, will not happen anytime soon. Rail infra is expected to be the second-biggest contributor to the NMP, with about Rs 1.52 trillion worth of assets to be monetised.

Delhi's iconic Ashok hotel to go under the hammer for Rs 7,409 crore

Delhi's iconic Ashok hotel to go under the hammer for Rs 7,409 crore

Rediff.com24 Nov 2022

The government has fixed an indicative value for Delhi's iconic 'The Ashok' hotel at Rs 7,409 crore under the national monetisation programme, according to sources. The Ashok and the adjacent hotel Samrat are among the eight India Tourism Development Corp assets listed under the National Monetisation Pipeline (NMP) announced by Finance Minister Nirmala Sitharaman last year. The sources said investor consultation has already been undertaken and a cabinet note for the sale of the sprawling 25-acre property in the heart of the national capital is under consideration.

Team FM says only public investment can spur GDP

Team FM says only public investment can spur GDP

Rediff.com20 Dec 2014

Public investment is very crucial for GDP growth, says finance ministry.

AAI, states to develop 4 airports in partnership

AAI, states to develop 4 airports in partnership

Rediff.com24 Nov 2015

The state-owned airport authority is conducting a techno-feasibility study.

Why Subianto Is The R-Day Chief Guest

Why Subianto Is The R-Day Chief Guest

Rediff.com14 Jan 2025

India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.

Getting private funding will be an uphill task for Railways

Getting private funding will be an uphill task for Railways

Rediff.com26 Jul 2019

Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.

Railways seeks private fund to develop Mumbai's CST station

Railways seeks private fund to develop Mumbai's CST station

Rediff.com26 Aug 2020

The estimated cost of the project is around Rs 1,642 crore.

TCS to drive next phase of Passport Seva Program

TCS to drive next phase of Passport Seva Program

Rediff.com7 Jan 2022

Tata Consultancy Services on Friday said it has been selected by the Ministry of External Affairs (MEA) for the second phase of the Passport Seva Program. In the next phase of the programme, TCS will refresh existing facilities and systems, and develop innovative solutions to enable the issuance of e-passports and further enhance the citizen experience, using technologies, such as biometrics, artificial intelligence, advanced data analytics, chatbots, auto-response, natural language processing, and the cloud, a statement said. Launched in 2008, the Passport Seva Program saw TCS transforming the delivery of passport-related services, digitising the processes, and setting global benchmarks in timeliness, transparency, and reliability.

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

Cabinet approves Rs 19,041 cr funding for BharatNet

Cabinet approves Rs 19,041 cr funding for BharatNet

Rediff.com30 Jun 2021

The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said. Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days. "The Cabinet has in-principle approved implementation of BharatNet in 16 states in a public private partnership model with total expense of Rs 29,430 crore.

Brazil outlines $2.3 billion in public spending for Olympics

Brazil outlines $2.3 billion in public spending for Olympics

Rediff.com30 Jan 2014

Brazil's government on Tuesday issued its first estimate of public spending on projects related to Rio de Janeiro's 2016 Olympic Games, though the 5.6 billion reals price tag is set to swell as more projects receive approval.

Bidding for 10 mega highway projects soon

Bidding for 10 mega highway projects soon

Rediff.com1 Dec 2009

The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.

India's First Dengue Vaccine Likely To Be Ready By 2026

India's First Dengue Vaccine Likely To Be Ready By 2026

Rediff.com30 Jul 2024

Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.

Watch Live! All the action in Parliament

Watch Live! All the action in Parliament

Rediff.com18 Sep 2020

Day 5 of Parliament's monsoon session 2020. Watch all the action in both houses LIVE here.

First public-pvt Rail Neer plant set to quench your thirst soon

First public-pvt Rail Neer plant set to quench your thirst soon

Rediff.com25 Jan 2015

The first public-private partnership (PPP) initiative in bottled drinking water has taken shape at Amethi in Uttar Pradesh, with a Rail Neer plant set for commissioning.

'Time To Play Tests Not T20s In Markets'

'Time To Play Tests Not T20s In Markets'

Rediff.com4 Feb 2025

'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'

Low-cost house:Hiranandani-Maha govt tie-up likely

Low-cost house:Hiranandani-Maha govt tie-up likely

Rediff.com6 Aug 2009

The company is also exploring the markets of Bangalore, Nashik, Panvel, Thane and Pune among other cities for the same.