Air India plans to add capacity on domestic routes
Mumbai: Air India Ltd plans to add capacity to its domestic operations by deploying five new fuel-efficient narrow body planes and two additional wide-body planes on local routes.
RBI notifies govt’s new Depository Receipts Scheme
Mumbai: Reserve Bank of India (RBI) has made necessary changes in its foreign exchange management (FEMA) regulations to adopt the new depository receipts scheme.
Govt draws roadmap for skill development
New Delhi: The Government of India has drawn up an ambitious roadmap to enhance skill levels of millions of people. The plans involve integrating skill enhancement and entrepreneurship in the syllabi at the school level, setting up of 2,500 multi-skilling institutions in the public-private partnership (PPP) mode, and institutes of …read more
India has the fifth-highest number of think tanks
New Delhi: With 192 think tanks, India has been ranked fifth on a list of countries with the highest number of such entities, according to a report by the University of Pennsylvania.
India represents huge investment avenues for US firms: Prabhu
New Delhi: India can help the US create new investment opportunities for its companies, said Mr Suresh Prabhu, Union Minister for Railways, Government of India.
US agencies commit $4 bn for Indian renewable energy sector
New Delhi: US federal agencies have committed a total of US$ 4 billion for projects and equipment sourcing, one of the biggest deals for the growing renewable energy sector in India.
UltraTech signs deal to acquire the cement business of Jaiprakash Associates
Mumbai: UltraTech Cement has signed a definitive agreement to acquire the cement business of Jaiprakash Associates. The acquisition will propel UltraTech’s cement capacity to 65 million tonnes per annum (MTPA) from 60 MTPA.