India‘s top bureaucrat reviewed a production-linked incentive scheme on Thursday amid a push from industry for faster payouts to improve the programme that aims to boost investment in manufacturing, a government official said. The scheme is crucial to boosting the broader Indian economy which has been starved of private investment for nearly a decade and … Read more
India is planning to bid out 6-7 multi-modal logistics parks or MMLPs in the next financial year (2023-24), eyeing a significant upgrade of its logistics infrastructure. Another 14-15 critical infrastructure gap connectivity projects for road-based port connectivity are slated for development in the coming year. According to senior road, transport and highways ministry officials, 6-7 … Read more
Aditya Birla Group (ABG) chairman Kumar Mangalam Birla had nearly two months ago offered to hand over the group’s 27.66s% stake in Vodafone Idea (VIL) to any public sector or domestic financial entity who could keep the company afloat, while asserting that without immediate government support, the telco would be driven to an irretrievable point … Read more