Year: 2021

Airports Authority of India to spend around Rs 25,000 crores for expansion and modification of existing terminals

NEW DELHI: The aviation sector in India has been affected due to severe disruption caused by the COVID-19 pandemic. The estimated losses incurred by airlines and airports in India in the financial year 2020-21 is approximately Rs.19,564 crore and Rs. 5,116 crore respectively. Due to the outbreak of COVID 19, scheduled domestic operations were suspended […]

Narendra Modi inaugurates, lays foundation stone of various projects worth around Rs 18,000 crore in Dehradun

NEW DELHI: Prime Minister Narendra Modi inaugurated and laid the foundation stone of various projects worth around Rs 18,000 crore in Dehradun. This includes the Delhi-Dehradun Economic Corridor (from Eastern Peripheral Expressway Junction to Dehradun), the greenfield alignment project from Delhi-Dehradun Economic Corridor, connecting Halgoa, Saharanpur to Bhadrabad, Haridwar, Haridwar Ring Road Project, Dehradun – […]

Modi government releases over Rs 1,666 crore to Maharashtra under Jal Jeevan Mission

NEW DELHI: Union Government led by Prime Minister Narendra Modi accords top priority to make provision of tap water connection in every rural household across the country. With a focus to expedite the implementation of Jal Jeevan Mission in Maharashtra, the Government of India (Narendra Modi government ) released 1,666.64 Crore to the State. Central […]

IREDA and THDCIL sign MoU for Green Energy collaborations

NEW DELHI: To provide its techno-financial expertise in developing Renewable Energy projects, Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with THDC India Ltd (THDCIL). The MoU was signed by Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Rajeev Kumar Vishnoi, CMD, THDCIL Under the MoU, IREDA […]

Jet Airways in ‘advanced discussions’ with Boeing, Airbus for buying aircraft

NEW DELHI: Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in “advanced discussions” with Boeing and Airbus for buying and leasing planes. The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process. The ongoing discussions are part of the grounded airline’s revival […]

India hasn’t imposed travel curbs like some other countries: MEA on Omicron

NEW DELHI: India has not imposed any travel curbs like some other countries that have stopped flights from regions or nations they relate to Omicron but has intensified surveillance mechanisms and protocol for those who happen to come from ‘at risk’ countries, the Ministry of External Affairs (MEA) said on Thursday. Asked about the ‘at […]

Microfinance.AI raises a pre-seed round of Rs 1.5 crore led by We Founder Circle

NEW DELHI: We Founder Circle (WFC) – a founder backing founder based early-stage start-up investor has led the $200,000 (Rs 1.5 crore) worth pre-seed investment round raised by Microfinance.ai, a digital mobile platform for local-language preferred users to avail micro-financial services. The round also witnessed participation by an array of esteemed investors including – FAAD […]

Madhya Pradesh to attract global investment from India Pavilion at EXPO2020 Dubai

NEW DELHI: The state of Madhya Pradesh will showcase its business attractiveness to global investors, along with the plethora of opportunities it has to offer across sectors such as textiles, food processing, pharmaceuticals, garments, tourism, FMCG, and automobiles at the India Pavilion of EXPO2020 Dubai, which prepares to organise the Madhya Pradesh Week from December […]

Karnataka government to enter into pact with German varsities

BENGALURU:The Karnataka Department of Higher Education and Bavarian Universities of Germany on Thursday decided to join hands together under National Education Policy (NEP-2020) and a schedule of proposed activities have been charted out. A meeting was held at Vidhana Soudha on Thursday between Minister for Higher Education C N Ashwath Narayan, representatives of the German […]

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