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Decoding the Arbitration Amendment

Decoding the Arbitration Amendment

India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.

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Telcos to invest Rs.12,000 cr to check call drops

Telcos to invest Rs.12,000 cr to check call drops

B Telecom operators have committed to invest Rs.12,000 crore within the next three months to install 60,000 towers and put an end to the mobile call drop menace. Major companies were called in by the Department of Telecom (DoT) to discuss the issue and improve service quality.

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Addressing Infrastructure Financing Needs

Addressing Infrastructure Financing Needs

After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.

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En route to MAHA growth

En route to MAHA growth

By signing Memorandums of Understanding (MoUs) worth Rs.8 lakh crore, Maharashtra managed to outpace other states in the recently held Make in India week. The MoUs being signed by various companies, and with these firms indicating their investment intentions, clearly showcases the faith being reposed in Maharashtra by the industry.

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ADB to up lending to India for infra

ADB to up lending to India for infra

Asian Development Bank (ADB) said it supports India's commitment to build more infrastructure and will increase its lending to $10-12 billion till 2018. ADB President Takehiko Nakao met Finance Minister Arun Jaitley and praised India's strong economic performance in the face of weak global growth.

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EPFO to invest in G-secs for infra

EPFO to invest in G-secs for infra

Retirement fund body Employees' Provident Fund Organisation (EPFO) will park more funds in public sector bonds to boost infrastructure development programmes and continue to invest in equities, Union Labour Minister Bandaru Dattatreya said.

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Shipping Ministry’s 3-day summit

Shipping Ministry’s 3-day summit

In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.