CCEA approves VGF of Rs 51.76 million to GAIL

October 2016

The Cabinet Committee on Economic Affairs (CCEA) approved viability gap funding (VGF)/partial capital grant of 40 per cent (Rs. 51.76 billion) of the estimated capital cost of Rs 129.4 billion to GAIL (India) Limited for […]

SEBI eases norms for REITs and InvITs

October 2016

The Securities and Exchange Board of India (SEBI) has amended regulations for real estate investments trusts (REITs) and infrastructure investment trusts (InvITs) in a bid to make these instruments more attractive for raising capital. SEBI […]

Two sewage treatment plants proposed in Mumbai

October 2016

The Municipal Corporation of Greater Mumbai (MCGM) in Maharashtra is planning to set up two tertiary sewage treatment plants (STPs) in Worli and Bandra. The projects, a part of MCGM’s Mumbai Sewage Disposal Project, will […]

DoT issues LoI to 60 firms for VNO licence

October 2016

The Department of Telecommunications (DoT) has issued letters of intent to 60 firms, including Ritz Communication, Ambica Telecom Service, AXN Telecom, Ratna Telenet, AIMR Communication and Richa Telecom, for a virtual network operator (VNO) licence. […]

MoRTH launches IBMS

October 2016

The MoRTH has launched the Indian Bridge Management System (IBMS). The IBMS is being developed to create an inventory of all bridges in the country and rate their structural condition to ensure timely repair and […]

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