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Govt plans to put 98% sectors for FDI

Govt plans to put 98% sectors for FDI

Government is planning to put 98 per cent of sectors, which are open to foreign investments, under the automatic route so that businessmen won´t need to visit the Finance Ministry or ´Udyog Bhavan´ for any approval, a top official said.

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Cochin Shipyard to raise Rs.600-700 cr

Cochin Shipyard to raise Rs.600-700 cr

Cochin Shipyard, which recently received Cabinet clearance for an initial public offering, is planning to raise Rs.600-700 crore to support the company´s Rs.2,500 crore investment in the ship repair facility and a new dry dock.

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Keen to scale up investments: PM

Keen to scale up investments: PM

PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.

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The PEB Wave

The PEB Wave

The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.

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SETTING SAIL

SETTING SAIL

Over the past few years, maritime industry has been the centre of focus for the country´s EXIM trade. Indian ports and shipping play a vital role in sustaining the country´s growth in trade and commerce.