Jharkhand is likely to be the country’s first state to roll out a pilot direct benefit transfer (DBT) scheme for power subsidy. Under the DBT scheme, a subsidy amount against power consumption will be directly […]
Adani Power’s 4,620 MW Mundra TPP, Tata Power’s 4,000 MW Mundra ultra mega power project and Essar Power’s 1,200 MW Salaya TPP in Gujarat are likely to get relief as the state government is likely […]
GE Power India Limited has closed down operations at its Maneja (Vadodara) manufacturing plant in Gujarat with effect from August 27, 2018. Considering the current market situation wherein the company has more capacity than market […]
Indian Railways (IR) has inducted five new machines to undertake state-of-the-art maintenance of railway tracks. These include three dynamic track-temping machines, one ballast-cleaning machine and one points-and-crossing tamping machine. At present, IR has a fleet […]
The Ministry of Railways (MoR) inaugurated a new train service, the Kathgodam-Dehradun Naini-Doon Janshatabdi Express, on August 25, 2018. Besides connecting the two important tourist destinations of Kathgodam and Dehradun, it will also provide connectivity […]
A confirmation prediction tool has been developed to predict the probability of waitlisted tickets getting confirmed at the time of booking as well as during passenger name record (PNR) enquiry of the waitlisted ticket. The […]
The Union cabinet was recently apprised of an MoU signed between the Research Designs and Standards Organisation (RDSO), India, and the Republic of Korea Railroad Research Institute (KRRI) on July 10, 2018 for strengthening and […]
The MoR has signed an MoU with the Federal Transport Authority – Land and Maritime of the UAE for technical cooperation in the railway sector. The scope of the agreement entails cooperation in the field […]
IR has signed an MoU with Maharashtra Metro Rail Corporation Limited for linking railway lines to metro coaches on the broad gauge network and creating a mass rapid transit system in Nagpur. The MoR has […]
The National Highways Authority of India (NHAI) has invited bids for the second bundle of national highways under the toll, operate and transfer (TOT) model. The bundle consists of eight national highway (NH) stretches in the […]
NHAI has achieved financial closure for the first bundle of TOT projects. An upfront payment of Rs 96.81 billion was made by the Macquarie Group to the Ministry of Road Transport and Highways (MoRTH) based […]
NHAI has signed an MoU with the State Bank of India (SBI) for an unsecured loan worth Rs 250 billion. The loan will be for a period of 10 years with a three-year moratorium on […]
The MoRTH has launched the Bidder Information Management System (BIMS) and the Bhoomi Rashi-Public Financial Management System (PFMS) linkage portals in order to expedite pre-construction processes related to bidding and land acquisition respectively. BIMS is aimed at […]
The Cabinet Committee on Economic Affairs (CCEA) has approved the project for the construction of a new four-lane, 6.93 km bridge at Phulaut in Bihar. It has also approved the rehabilitation and upgradation of the existing […]
The merger between Idea Cellular and Vodafone India has finally been completed, and has led to the creation of India’s largest telecom operator – Vodafone Idea Limited. The entity will have the largest voice network […]
The National Digital Communications Policy (NDCP) is expected to be tabled before the cabinet soon. Once approved, the NDCP will set the roadmap for attracting Rs 6.5 trillion worth of investments in the sector and […]
The steering committee established to draw India’s 5G roadmap has submitted its report to the telecom secretary. The recommendations are centred on topics such as spectrum policy, regulatory policy, education and awareness, application and use […]
The government has announced a mega investment and connectivity programme for the north-eastern states. The programme entails the inflow of nearly Rs 100 billion through over 400 programmes expected to be rolled out in the […]
Reliance Jio Infocomm Limited (RJIL) has surpassed Vodafone India to become the second largest telco in the country by revenue. According to financial data of the Telecom Regulatory Authority of India, RJIL’s revenue market share […]
Bharat Sanchar Nigam Limited (BSNL) is planning to invest Rs 43 billion towards infrastructure expansion and network modernisation in financial year 2018-19. In addition, BSNL is also looking to add 12,000 mobile towers for 3G […]
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