A consortium of international banks, including J.P. Morgan SE, HSBC, DBS Bank Limited, and MUFG Bank Ltd, has granted a refinancing loan of €550 million (about ₹5,904.8 crore at an assumed exchange rate of 1 euro = ₹107.36) to KTM AG, a step-down subsidiary of Bajaj Auto Limited via Bajaj Mobility AG. In keeping with […]
An MoU was struck between National Aluminium Company Limited (NALCO) and Bank of India to boost the Corporate Salary Package (CSP) advantages for NALCO employees. In an effort to bolster NALCO’s employee welfare programmes, this alliance will provide banking services and exclusive benefits just for NALCO personnel. Signed at NALCO’s Bhubaneswar headquarters, the MoU is […]
During his visit to the Mugma Area on 27 February 2026, Niladri Roy, Director (Technical Operations) of Eastern Coalfields Limited (ECL), evaluated the current mining activities and planned future development projects. The goals of the visit were to prepare for strategic growth, increase operational efficiency, and fortify safety standards. While inspecting Chapapur-II OCP (H), Roy […]
The Assam government and the Airports Authority of India (AAI) have inked an MoU to conduct pre-feasibility studies on the potential construction of five new greenfield airports inside the state. Regional air connectivity, tourism, and long-term economic growth are the goals of this effort. In Guwahati, prominent officials from the state administration and AAI came […]
On Thursday, the government of Uttar Pradesh and the Yamanashi Prefecture in Japan inked a memorandum of understanding (MoU) to work together on green hydrogen technology. This is a big deal for clean energy cooperation between Japan and India. The agreement, according to Chief Minister Yogi Adityanath, will pave the way for the implementation of […]
After the completion of the Tariff-Based Competitive Bidding (TBCB) process, REC Power Development and Consultancy Limited (RECPDCL) has transferred to Maharashtra State Electricity Transmission Company Limited (MSETCL) the project-specific Special Purpose Vehicle (SPV) Umred Power Transmission Limited. The intra-state transmission project in Maharashtra was bid on by RECPDCL, a wholly owned subsidiary of REC Limited […]
Micron Technology’s semiconductor factory in Sanand, Gujarat, will be inaugurated by Prime Minister Narendra Modi, marking a significant milestone in the development of India’s chip manufacturing ecosystem. With an area of five hundred thousand square feet, the Phase-1 cleanroom is one of the biggest in the world. For high-precision semiconductor manufacturing, where even little changes […]
To better oversee and keep tabs on the performance of banks that deal with government transactions, the CGA has released the Government Bank Manual and the Government Bank Dashboard. According to T.C.A. Kalyani, Controller General of Accounts, the handbook aims to reduce operational risk and enhance accountability by providing a standardised framework covering operational procedures, […]
In an effort to make Aadhaar services more accessible and convenient for people all around India, Google and the Unique Identification Authority of India (UIDAI) have joined together to bring approved centres for the programme to the forefront of Google Maps. Residents will be able to find Aadhaar centres more easily thanks to this initiative, […]
A specialised jetty with ancillary facilities to process green hydrogen, ammonia, and other liquid cargo at Paradip Port has been authorised by the Indian government’s Ministry of Ports, Shipping and Waterways. The project is anticipated to cost 797.17 crore rupees. Paradip Port Authority is supposedly in charge of the project’s implementation on a Build-Operate-Transfer (BOT) […]
