The ancillary segments of civil aviation, such as maintenance, repair and overhaul (MRO) and cargo infrastructure, have not been focused on by policymakers for a number of years, despite their significant potential. However, over the […]
The Indian airline industry has grown significantly over the years. Lower ticket prices, a pick-up in air traffic, the release of the National Civil Aviation Policy (NCAP), 2016, a relaxation in aircraft import norms and […]
In 2015, the Maharashtra government conceived a plan to develop the Mumbai-Nagpur super communication expressway to boost connectivity between the capital and the third-largest city in the state. […]
Cities are engines of growth, as they are centres of economic activity, investments and employment opportunities. […]
The Namami Gange programme, an integrated Ganga conservation mission, was conceptualised by the Ministry of Water Resources, River Development and Ganga Rejuvenation (MoWR, RD&GR) in 2014. […]
Challenging market conditions, price pressures, a move towards tender-based support mechanisms and competition from Chinese original equipment manufacturers (OEMs) have kicked off consolidation in the wind OEM space. […]
Until a couple of years ago, shortage of coal was one of the biggest challenges that the power sector was grappling with. […]
The road sector has witnessed stressful financial times over the past four-five years. […]
The launch of full-scale commercial services by Reliance Jio Infocomm Limited (RJIL) has been a long time coming. […]
Russian industrial conglomerate Sistema has announced that it will acquire a 17.14 per cent stake in Sistema Shyam TeleServices Limited (Sistema’s Indian subsidiary) from the Russian Agency for State Property Management. As per the agreement, […]
The Ministry of Urban Development (MoUD) has announced that the process of credit rating of urban local bodies (ULBs) has begun in 85 cities of which 12 have completed the process. All the cities will […]
The Ministry of Railways (MoR) is in advanced stages of finalising a proposal to create a $5 billion fund, the Railways of India Development Fund (RIDF), to finance its various infrastructure projects. Once the proposal […]
State-owned Oil and Natural Gas Corporation (ONGC) is in talks to buy a stake in Gujarat State Petroleum Corporation’s (GSPC) Krishna Godavari basin block. GSPC is seeking to sell a majority stake in its KG-OSN-2001/3 […]
Tata Power International Private Limited (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has completed a 50 per cent stake sale in OTP Geothermal Private Limited, Singapore to KS Orka Renewables Private Limited. OTP, […]
Reliance Communications (RCOM) is in talks with Brookfield Asset Management for selling a majority stake in its tower company Reliance Infratel. The companies are currently in bilateral negotiations after signing a non-binding agreement in July […]
Piramal Enterprises Limited (PEL) is in advanced stages of talks to undertake an investment of Rs 8 billion in ACME Solar Energy Private Limited. ACME will utilise the funds to complete its upcoming solar power […]
Singapore Telecommunications (Singtel) has entered into conditional share purchase agreements with Singapore government-owned sovereign wealth fund Temasek to acquire 7.39 per cent of Bharti Telecom Limited and 21 per cent of Thailand-based Intouch Holdings Public […]
IL&FS Transportation Networks Limited has signed a share purchase agreement with Cube Highways and Infrastructure Private Limited for the sale of its equity stake in Andhra Pradesh Expressway Limited (APEL) for an aggregate value of […]
The International Finance Corporation (IFC) plans to make an equity investment of up to $125 million (Rs 8.4 billion) in renewable energy company Hero Future Energies Private Limited. The international agency will make the investment […]
According to the International Financing Review (IFR), a Thomson Reuters publication, Vodafone India is likely to delay filing the draft prospectus for its up to $3 billion IPO until the end of 2016. The filing, […]
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