The government has generated revenue of Rs 17,47.70 crore from the auction of 31 coal blocks.
“The revenue generated till January, 2017 from the auction of 31 coal mines is Rs 17,47,72,47,706,” Coal and Power Minister Piyush Goyal said in a written reply to the Lok Sabha.
Delhi International Airport (P) Ltd, a GMR led consortium, has announced that it has signed a land license agreement with Airbus for setting up IndiaÂ’s first full flight simulator at the Aerocity - Terminal District of Indira Gandhi International (IGI) Airport.
Collections in securitised pools of vehicle loan receivables rated by CRISIL saw a V-shaped recovery in January 2017 collections (payouts made in February 2017), rebounding to ~95 per cent from ~85 per cent in November, and virtually shrugging off demonetisation. On the other hand, pools backed by microfinance (MFI) receivables are under stress and being closely monitored, while those backed by home loans have remained unaffected.
The Confederation of Indian Industry (CII) organised its Delhi State Annual Session and a business conference. Manish Sisodia, Deputy Chief Minister, Government of NCT of Delhi, inaugurated the business conference. He said, “The upcoming GST will be a tsunami of tax reforms and the small medium sector of Delhi might struggle to understand its fundamentals.”
Bentley Systems Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced its call for submissions to the 2017 ‘Be Inspired’ Awards programme.
The aviation sector will now be a part of multimodal logistics hubs in India to promote holistic logistics solutions, Union Minister Nitin Gadkari has said.
The Delhi High Court has upheld the government's decision to reject winning bids submitted by Naveen Jindal-led Jindal Steel & Power Ltd for two coal blocks.
Gautam Adani-led Adani Enterprises has applied for financing from an Australian infrastructure fund to build a rail line that is part of a $16-billion coal project in the state of Queensland, Australia's resources minister said, reports Reuters.
Financing from the A$5 billion Northern Australian Infrastructure Facility (NAIF) would offer a boost to Adani after some major banks said they would not participate in the controversial coal project.
The government has approved three Mega Food Park projects in Maharashtra to Wardha Mega Food Park Pvt Ltd in Wardha district, Paithan Mega Food Park Pvt Ltd in Aurangabad district and Satara Mega Food Park Pvt Ltd in Satara district. As per the scheme guidelines, the time schedule for completion of a project is 30 months from the date of issue of final approval unless extended by an Inter-Ministerial Approval Committee.
A committee had been constituted by the Department of Economic Affairs, under the Chairmanship of Ratan P Watal, former Finance Secretary and Principal Adviser, Niti Aayog, in August 2016 to review medium term measures necessary to promote digital payment systems in the country. This Committee on Digital Payments has recommended structural reforms in the payment ecosystem, including amendments to the Payment and Settlement Systems Act, 2007.