The Union cabinet has approved the release of the centre’s equity of Rs 10 billion for the 29.7 km Aqua line connecting Noida and Greater Noida, which has been targeted for completion by the end […]
Idea Cellular has secured a loan worth $215 million from Export Development Canada (EDC). The loan is under a pre-existing $500 million uncommitted financing arrangement for Idea’s parent company, the Aditya Birla Group (ABG). Under […]
The Asian Development Bank (ADB) has approved a multi-tranche financing facility of Rs 32.42 billion for Tranches 1 and 2 under the Rajasthan State Highway Investment Program (RSHIP). The RSHIP will upgrade about 2,000 km […]
The central government, the World Bank and the Bihar government have signed a loan agreement worth Rs 15.19 billion ($235 million) for the Bihar Rural Roads Projects. The project will support the construction of around […]
The Maharashtra State Road Development Corporation (MSRDC) plans to raise subordinate debt for the Mumbai-Nagpur Communication Expressway Project. It plans to raise Rs 10 billion each from the Maharashtra Industrial Development Corporation, the Maharashtra Housing […]
The World Bank has approved a loan of $240 million for the implementation of the Power for All scheme in Andhra Pradesh. The loan from the International Bank for Reconstruction and Development has a maturity […]
The Power Finance Corporation has provided a three-year loan of Rs 36 billion to the four state distribution companies of Uttar Pradesh for laying infrastructure for new connections. This loan amount is the largest ever […]
The central government has sanctioned Rs 17.93 billion for the construction of eight national highways, spanning 1,249 km, across the Anantapur, Guntur, West Godavari, East Godavari, Visakhapatnam and Vizianagaram districts of Andhra Pradesh. These are […]
In order to boost connectivity in the Kumaon region, the central government has sanctioned Rs 15.57 billion for the Tanakpur-Pithoragarh national highway. The project involves the construction of a 148 km road stretch on National […]
The Union cabinet has granted approval for the Noida-Greater Noida Metro Rail Project. The project, covering a length of 29.71 km, will be implemented by the Noida Metro Rail Corporation (NMRC). Currently, the project has […]
The Thirumangalam-Nehru Park section of the Chennai Metro Rail Project, Phase I, in Tamil Nadu has been inaugurated and commercial operations have commenced. Work on the 7.4 km long underground stretch was completed in October […]
The Ministry of Urban Development (MoUD) has released the first instalment of Rs 257.2 million to the Greater Hyderabad Municipal Corporation (GHMC) for its Jawaharnagar Solid Waste Management Project in Telangana. The project is being executed […]
The Karnataka government has inaugurated the 60 mld Koramangala-Challaghatta Valley STP at Bellandur. The plant has been developed by the Bangalore Water Supply and Sewerage Board. An investment of Rs 2.05 billion has been made […]
The Bilaspur Nagar Palika Nigam in Chhattisgarh has awarded a contract worth Rs 2.01 billion to Indian Hume Pipe Company Limited for the implementation of a water supply scheme. The project involves the development of […]
The National Mission for Clean Ganga (NMCG) has approved sewage treatment projects worth Rs 19 billion for Uttar Pradesh, Bihar and Delhi. In Uttar Pradesh, it has approved a comprehensive sewerage project for the interception, […]
US-based handset vendor Apple has said that it has begun the initial assembling of its iPhone SE handset at Peenya in Bengaluru. Apple has given the contract to Taiwan-based original equipment manufacturer Wistron for the […]
The Reserve Bank of India (RBI) has allowed licensed cooperative banks, that are permitted to install ATMs and issue debit cards, to issue prepaid payment instruments like mobile wallets for payments up to Rs 10,000. […]
The MoR has launched its free Wi-Fi facility at 28 railway stations on Konkan Railway in Maharashtra. The ministry has partnered with internet service providers Syscon and Joister to launch the Wi-Fi facility.
The government has released a set of guidelines that make biometric authentication compulsory for e-government initiatives under the central and state governments. Meanwhile, the Ministry of Electronics and Information Technology (MeitY) has appointed consultancy firm […]
BSNL has signed agreements with Facebook, MobiKwik, Disney India and Data Infosys. Under the agreements, BSNL will provide backhaul connectivity to internet service providers (ISPs) being served by Facebook through its Express Wi-Fi services; work […]
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