While, projects, including Rs 23,000 crore Purvanchal Expressway, totalling Rs 60,000 crore have already been launched, the Yogi Adityanath government is fast paving the way for laying the foundation of the remaining projects before the general election dates are announced.
"We have signed an MoU with Cisco to make an investment in GIFT and help us evolve our technology platform. The American giant is likely to invest over $2 billion in the project," a top government official of GIFT said. Cisco is also expected to pick up some stake in the project. However, the details are still being worked and it will take about three-four months to finalise the deal, the official added.
Mukesh Ambani-led Reliance Industries on Friday said it may sell gas from its KG-D6 fields to RNRL at $4.20 per mmBtu if the government allocates fuel to the Anil Ambani Group firm.
"We are looking at an investment of several million dollars or up to a billion in the coming years, depending on how India's government allows commercialisation of the nuclear power sector," said Dennis Hays, vice-president of Thorium Power. The investments and areas of operation can be in various technologies, manpower training, fuel processing, and operation & maintenance of power plants in the nuclear sector, he added.
The prime minister will be visiting an education city, aimed at providing education to under-privileged children living in the area
The Indian Premier League chairman, Rajeev Shukla, on Monday, questioned the delay behind the resumption of the much-awaited bilateral series between India and Pakistan, and called on the government to take a firm stand on the matter.
On the occasion of Chinese president Xi Jinping's two-day visit, Indian exporters are looking for a big boost in export of agricultural commodities, especially the ones that have been impacted by the ongoing trade war between the United States and China.
The visit of Park Geun-Hye to India, though a symbolic one, will certainly give a further impetus to the strategic partnership between the two countries says Rup Narayan Das.
Taking on her critics, Human Resource Development Minister Smriti Irani on Sunday dismissed charges that education was being saffronised even as she turned down demands that Sanskrit be made compulsory in the curriculum.
Adani Group-led by billionaire Gautam Adani on Thursday pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.
There has been a growing demand for high axle load wagon trolley and the proposed factory is expected to cater to the demand.
A delegation led by Clinton Foundation Chairman Ira Magaziner met Chief Minister Narendra Modi and other top government officials to discuss their plans to set up a 3,000-5,000 Mw solar park. "The Clinton Foundation is keen on signing an MoU for this project anytime next week. The investment for the project could be close to $10 billion, depending on the size of the project," a top government official said.
Mauritius promises India full-cooperation on tax treaty issues.
'I don't think this is such a big issue ... why make an ego issue of it and insist on playing in Dubai only'
UPA Chairperson Sonia Gandhi left for New Delhi on Saturday evening after attending the Olympics opening ceremony.
An India Chair has been established in the Humanities and Social Sciences Department at Shenzen University in southern China.A Memorandum of Understanding on the Chair was signed between the Indian Council for Cultural Relations and SZU by India's Ambassador to China Nirupama Rao and University President Professor Zhang Bigong in Shenzen.Under the MoU, Shenzen University would host a visiting Indian professor in the capacity of a Chair in Humanities and Social Sciences.
Posco project faced difficulties during Cho's tenure as violence at the proposed site delayed implemntation of its Rs 51,000 crore (Rs 510-billion) plant. The company had already undertaken socio-economic survey in the plant site area and gained substantial support from the local people with passage of time.
The Bombay high court on Monday suggested that the warring Ambani brothers could approach an independent body to resolve their dispute relating to supply of natural gas from the Krishna-Godavari basin. "The MoU is not able to resolve the issue and we would suggest both the parties to approach an independent body for the same," observed justice J N Patel.
David Beckham enhanced his growing reputation in Serie A by scoring his first goal for AC Milan while the unflappable Kaka netted twice in a 4-1 win at 10-man Bologna on Sunday. The on-loan England midfielder finished off a neat move to complete the scoring and leave third-placed Milan six points behind leaders Inter Milan, who beat Sampdoria 1-0 at home in the late game.
Australia's 'A' tour of South Africa has fallen victim to the pay dispute between the players and Cricket Australia after the squad decided not to travel as scheduled on Friday in the absence of a new agreement.
India will get vital flood season data from China for five years as part of a bilateral understanding, which will improve forecast and timely warning in the downstream of the mighty Brahmaputra river. The data will be provided from 2008 to 2012 under a memorandum of understanding signed with Beijing in June this year during the visit of External Affairs Minister Pranab Mukherjee to the Communist country.
In the meeting, which was held in makeshift tents at the Zero point, both the sides discussed timing of completion of bridge, alignment of roads and other engineering aspects of the proposed crossing points.
Intas Biopharmaceuticals Ltd (IBPL) plans to generate clones for commercial production of protein. The company has finalised a Research and Development (R&D) agreement for the development and production of therapeutic protein with Viropro International Inc, a subsidiary of Viropro Inc
Australia's top cricketers face being locked out unless a new memorandum of understanding is struck between CA and the Australian Cricketers' Association (ACA) before the end of the month.
Chennai and Ennore ports are set to become hub for car exports from South India. After Hyundai, the two ports have started attracting global manufacturers like Renault SA, Nissan, and Ford.
Employees of public sector banks have called off the strike planned on February 25 and 26
In a bid to check money laundering, the government on Thursday allowed Financial Intelligence Unit
'Unless we make our own testing kits, we will not get out of this disease faster.'
Rekindling the spirit of Indian doctor Dwarkanath Kotnis, held in high esteem in China for his services to the country, a joint Medical Mission from India and China will offer free consultations to several poor areas in the two nations under an MoU signed during Prime Minister Manmohan Singh's visit.
Reliance Industries, India's most valued company, and state-run gas firm GAIL India have identified 10 countries including Qatar, Australia and Russia for setting up a multi-billion-dollar petrochemical plant.
'The most ambitious part of the BAE-HAL agreement involves building an advanced version of the Hawk, which could be used as a light, manoeuvrable, fighter that could operate in the narrow valleys of India's Himalayan frontier, where high-performance fighters cannot turn,' reports Ajai Shukla.
'We plan to touch Rs 1 trillion of Amul brand's turnover in the next five years.'
Pakistan Cricket Board chairman Najam Sethi acknowledged that all countries want to play against India as it enables them to earn maximum revenue.
Australia captain Steve Smith played down a tense stand-off in pay negotiations between the players' union and the national cricket board, saying his team is highly motivated to cut a deal and play the Ashes against England.
The Australian Cricketers' Association set up a business to manage and market players' intellectual property should they be unable to strike a pay deal with the national cricket board.
"This MoU with the Maharashtra government is a step towards realising Tata Motors' plans to augment capacity at Pune plants in order to meet ever-increasing customer expectations, and demands both in India and abroad," Tata Group Chairman Ratan Tata said on Monday. The investment is expected to generate additional direct employment of 1,500 at full capacity.
China-based Xi'an Service Outsourcing Development Association signed an MoU with Starting Point Competence Training Pvt Ltd and Snam Abrasive to enhance the level of certification and training required for the BPO industry. India has gained worldwide recognition in the past few years as a hub of outsourcing activity, with hundreds of English-speaking students graduating from colleges and universities every year.
The international chemical giant Dow will invest $100 million in Research and Development (R&D) facility at Chakan, near Pune. The centre may be fully functional by 2010. The R&D facility would come up in the 100-acres, and will employ 500 researchers.
Taking Indo-Chinese co-operation in the oil sector a step forward, the country's biggest oil refiner and retailer, Indian Oil Corporation, has signed a memorandum of understanding with integrated Chinese national oil company Sinopec.
The government had relaxed the foreign direct investment norms from the existing 26 per cent to 49 per cent, as a one-off case, to allow Mittal to take a share in the Bathinda refinery.
