News for 'Public Private Partnership'

Modi, Biden discuss N-energy, 6G and AI; vow to 'deepen, diversity' defence ties

Modi, Biden discuss N-energy, 6G and AI; vow to 'deepen, diversity' defence ties

Rediff.com9 Sep 2023

In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."

'No question of integrity' as FIH partners with betting platform

'No question of integrity' as FIH partners with betting platform

Rediff.com14 Jan 2024

India have been the FIH's top market in the last decade or so in terms of sponsorships and monetary benefits, and the world body official stressed that the country will continue to hold its significance despite the sport spreading its wings to other parts of the world.

Qatar Reprieve Highlights India Diplomacy

Qatar Reprieve Highlights India Diplomacy

Rediff.com26 Feb 2024

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

10 laws that Jaitley wants to change

10 laws that Jaitley wants to change

Rediff.com2 Mar 2016

Priorities include the amendments of the Companies Act and the Motor Vehicle Act

Time to be brave, stretch fiscal deficit targets if need be: Kamath

Time to be brave, stretch fiscal deficit targets if need be: Kamath

Rediff.com16 Jul 2021

Veteran banker K V Kamath on Friday said it is "time to be brave" for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he called as a 25-year growth runway opportunity awaiting the country. The government has targeted to get the fiscal deficit at 6.8 per cent for FY22 in the Budget presented early this year.

Tech partnerships in climate change can make the world a better place

Tech partnerships in climate change can make the world a better place

Rediff.com16 Oct 2015

For existing technologies, unless appropriate financing is available, deployment at scale is difficult.

ISRO, NASA in talks to place Indian on ISS next year

ISRO, NASA in talks to place Indian on ISS next year

Rediff.com8 Sep 2023

India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.

Look, who all are supporting India's financial inclusion drive

Look, who all are supporting India's financial inclusion drive

Rediff.com28 Jan 2015

USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India.

Does India have enough vaccine reserves to combat another Covid wave?

Does India have enough vaccine reserves to combat another Covid wave?

Rediff.com27 Dec 2023

According to CoWIN data, only 73 vaccination centres are currently active in India, of which 32 are government-run.

Cost of building one smart city? It's a whopping Rs 1000 crore

Cost of building one smart city? It's a whopping Rs 1000 crore

Rediff.com30 Jan 2015

15-20 cities are expected to get selected for development.

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

Rediff.com23 May 2023

India is working on new technologies such as the small modular reactors that can be factory-built and help make clean energy transition, Science and Technology Minister Jitendra Singh said in New Delhi.

'NMP is a great way of creating jobs'

'NMP is a great way of creating jobs'

Rediff.com6 Sep 2021

'This will have a multiplier effect in generating more jobs.'

Government contemplates tax incentives for housing projects

Government contemplates tax incentives for housing projects

Rediff.com24 Nov 2015

Government contemplates tax incentives for housing projects.

Chronology: How Tatas are back in Air India's cockpit

Chronology: How Tatas are back in Air India's cockpit

Rediff.com8 Oct 2021

After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons was listed as Air India, and in 1948, the Air India International was launched with flights to Europe. The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised and for the next over four decades it remained the prized possession for India controlling the majority of the domestic airspace.

Privatisation of AAI-developed airports opposed

Privatisation of AAI-developed airports opposed

Rediff.com17 Dec 2013

A parliamentary panel on Tuesday opposed the privatisation of six AAI-developed airports including Kolkata and Chennai, and charged the Civil Aviation Ministry with doing "a great disservice" by "using public property for private profits".

Election Commissioner Ashok Lavasa resigns

Election Commissioner Ashok Lavasa resigns

Rediff.com18 Aug 2020

Lavasa would soon be joining the Asian Development Bank as vice president

Govt considering setting up Rail University: Gowda

Govt considering setting up Rail University: Gowda

Rediff.com8 Jul 2014

The Railways could tie up with technical institutions for introducing railway-oriented subject for graduation and skill development.

When we work as one, we can truly transform India

When we work as one, we can truly transform India

Rediff.com15 Mar 2018

If we have to develop this nation, says Railway Minister Piyush Goyal, it can only happen in a public-private partnership, when you and we work together as one.

Tatas top bidder for Air India, but no govt nod yet

Tatas top bidder for Air India, but no govt nod yet

Rediff.com1 Oct 2021

Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.

COVID-19: Remdesivir will be available from next week

COVID-19: Remdesivir will be available from next week

Rediff.com4 May 2020

The EUA allows for Remdesivir to be distributed in the US and administered intravenously by health care providers, as appropriate, to treat suspected or laboratory-confirmed COVID-19 in adults and children hospitalised with severe condition.

Railways to borrow Rs 13,800 cr in 2014-15

Railways to borrow Rs 13,800 cr in 2014-15

Rediff.com12 Feb 2014

In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.

Why India's asset monetisation dream may be hard to achieve

Why India's asset monetisation dream may be hard to achieve

Rediff.com22 Sep 2021

India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Rediff.com17 Sep 2019

The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.

Kochi's Infopark gets Rs 320 crore investment

Kochi's Infopark gets Rs 320 crore investment

Rediff.com19 Jan 2015

The phase II development of Infopark has received a shot in the arm with a pact being inked for fresh investments worth Rs 320 crore (Rs 3.20 billion) under the PPP route.

Kerala passes unanimous resolution against leasing of airport

Kerala passes unanimous resolution against leasing of airport

Rediff.com24 Aug 2020

Moving the resolution, Chief Minister Pinarayi Vijayan said the Centre should re-examine its decision and the operation and management of the airportbe handed over to the Special Purpose Vehicle in which the state government has stake.

How govt employees can be made accountable

How govt employees can be made accountable

Rediff.com24 Aug 2016

Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.

Sardar's statue: Rs 200 crore for Modi's pet project

Sardar's statue: Rs 200 crore for Modi's pet project

Rediff.com10 Jul 2014

The total height of the statue from its base is planned to be 240 metre consisting base level of 58 metre and statue of 182 metre.

AAI chairman opposes privatisation of airports, loses his job

AAI chairman opposes privatisation of airports, loses his job

Rediff.com24 Jan 2014

In a late night development, chairman of the state-run Airports Authority of India, V P Agarwal, was removed from his post apparently because of his "opposition" to privatisation of more airports in the country, sources said.

'Over The Long Term, Equities Are The Best Inflation Hedge'

'Over The Long Term, Equities Are The Best Inflation Hedge'

Rediff.com28 Jun 2022

'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'

Indian financial system is in Darwinian mode: Uday Kotak

Indian financial system is in Darwinian mode: Uday Kotak

Rediff.com17 Dec 2019

Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.

Meet Pradeep Singh Kharola: Air India's turnaround man

Meet Pradeep Singh Kharola: Air India's turnaround man

Rediff.com29 Nov 2017

Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.

Niti VC says, India may post 6% growth next fiscal

Niti VC says, India may post 6% growth next fiscal

Rediff.com24 Jul 2020

The Niti Aayog vice chairman noted that green shoots of recovery are already visible in multiple sectors. In 15-16 sectors, businesses are coming back to pre-COVID levels," he said.

Niti moots 100% tax exemption for donations to not-for-profit hospitals

Niti moots 100% tax exemption for donations to not-for-profit hospitals

Rediff.com29 Jun 2021

Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

Affordable housing a $12-billion opportunity, says report

Affordable housing a $12-billion opportunity, says report

Rediff.com25 Aug 2015

The demand for affordable housing is 535,400 units.

90% chipmakers have design footprint in India: Intel

90% chipmakers have design footprint in India: Intel

Rediff.com16 Nov 2021

As many as 2,000 chips are annually designed in India by semi-conductor and fabless companies, Intel India managing director Prakash Mallya said in a conversation with Business Standard. Mallya was reiterating the importance of India in the semi-conductor sweepstakes. "As much as 90 per cent of the semi-conductor companies have a design footprint in India.

RBI Governor Wants Bankers To Be Like Dravid

RBI Governor Wants Bankers To Be Like Dravid

Rediff.com20 Nov 2023

The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.

Chit fund scams: CBI searches in 4 cities

Chit fund scams: CBI searches in 4 cities

Rediff.com18 Nov 2014

The CBI action came a day after the agency filed its second charge sheet in the case alleging that former director general (state armed police) and Trinamool Vice President Rajat Majumdar and East Bengal Club official Debabrata Sarkar were beneficiaries of the money collected through chit fund scam.

Pandemic slows privatisation of train services

Pandemic slows privatisation of train services

Rediff.com26 Aug 2021

Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.

Envoy met 8 Indians on death row in Qatar on Dec 3

Envoy met 8 Indians on death row in Qatar on Dec 3

Rediff.com7 Dec 2023

The Indian ambassador to Qatar met eight former Indian Navy personnel on death row four days back and two hearings took place on an appeal filed against the capital punishment handed down to them by a Qatari court.