The Power Finance Corporation (PFC) has sanctioned a loan of Rs 91.28 billion to provide financial assistance to power utilities in Tamil Nadu. The company has approved a term loan of Rs 54.74 billion for […]
The Indian Renewable Energy Development Agency plans to sanction credit worth Rs 130 billion during fiscal year 2017-18 for clean energy project developers in the country. The move is in line with the ambitious government […]
The central government has sanctioned Rs 43 billion for two ring road projects in Jammu & Kashmir. While an amount of Rs 21 billion has been sanctioned for the Srinagar Two-/Four-Lane Semi-Ring Road Project, Rs […]
The Government of India and ADB have signed a Rs 22.9 billion ($350 million) loan agreement for the Madhya Pradesh District Roads II Sector Project. In addition to this loan, an amount of Rs 9.81 […]
The Asian Development Bank (ADB) has approved a $175 million loan for Power Grid Corporation of India Limited. As part of the assistance, ADB will also provide a $50 million co-financing loan from the Clean […]
Commercial operations have commenced on Phase II of the Gurgaon Metro Rail Project. Works on the project were completed in December 2016 and it was recently granted safety clearance by the Commissioner of Rail Safety. […]
The New Delhi Municipal Corporation (NDMC) has inaugurated a waste-to-energy plant under the Narela Bawana municipal solid waste management project. The plant has the capacity to treat 2,000 tonnes of waste per day, using two […]
The Bangalore Water Supply and Sewerage Board (BWSSB) in Karnataka is planning to supply treated sewage to industries in the Kolar and Chikkaballapur districts. The civic agency will convey about 8,000 million cubic feet of […]
Rajasthan-based Jaipur Smart Mission Limited (JSML) has prepared a project plan for the provision of 24×7 water supply to the walled city area in Jaipur. The Rs 520 million project is being executed under the […]
The National Mission for Clean Ganga (NMCG) has approved 20 water supply and sewerage projects. These projects have been approved for implementation in the states of Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and Delhi. A total […]
The Nigdi-Dapodi corridor (Corridor 1) of the Pimpri Chinchwad Bus Rapid Transit (BRT) project is likely to be commissioned by end-April 2017. The corridor was earlier expected to be operational by March 2017, but is […]
Idea Cellular has launched its 4G services in Ranchi, Jammu and Assam. The operator plans to expand the coverage of its services to around 20 towns in the Jammu & Kashmir circle, 18 more towns […]
Bharti Airtel has launched its 4G services in Jammu & Kashmir. The operator has rolled out services in 25 towns across the Jammu region and 22 towns across the Kashmir valley. Airtel’s 4G services are […]
The Aditya Birla Group has received the final licence from the Reserve Bank of India to set up its payments bank, the Aditya Birla Idea Payments Bank. The payments bank is a JV between Aditya […]
Post TRAI’s advice, RJIL has stated that it will withdraw its summer surprise offer as soon as operationally feasible, over the next few days. Under the summer surprise offer, RJIL was offering three months’ complimentary […]
The Advertising Standards Council of India has asked Airtel to remove or modify the advertisement claiming it to be the fastest network operator in India as per global internet metrics firm, Ookla LLC. The move […]
The Competition Commission of India (CCI) has approved Reliance Communications’ (RCOM) merger of its wireless division with Aircel and Dishnet Wireless. The CCI has also approved the proposed sale of RCOM’s 51 per cent stake […]
TRAI has told the Telecom Commission that policy decisions should be taken on the basis of consumer interest and not revenue maximisation. The regulator has further suggested that the government should allow telecom companies to […]
TRAI has sought an explanation from global calling card companies including Matrix, Uniconnect and Oneworld Teleservices over instances of unsatisfactory service quality provided to consumers. The move comes after an SMS-based survey initiated by the […]
TRAI has issued a consultation paper on the introduction of a unified licence (UL) for virtual network operators (VNOs) in order to allow them to provide voice and internet services. Through the consultation paper, TRAI […]
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