Andhra Pradesh Govt sanctions Rs 1,000 crore Vizag Beach Corridor

Andhra Pradesh Govt sanctions Rs 1,000 crore Vizag Beach Corridor

Andhra Pradesh Council of Ministers has approved a slew of new development projects, including Rs 1,000 crore Vizag Beach Corridor project to make Visakhapatnam the premier tourist destination in the…

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Centre to launch manufacturing programme for critical equipment

Centre to launch manufacturing programme for critical equipment

The Ministry of Power will launch a domestic manufacturing programme for critical power and renewable energy equipment at an outlay of Rs 1,500 crore in FY22. The scheme titled ‘Manufacturing…

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Govt offers Rs 1,500 crore to set up exclusive manufacturing zones

Govt offers Rs 1,500 crore to set up exclusive manufacturing zones

The Central Government has proposed to set up exclusive manufacturing zones for power and renewable equipment in the country. The government proposes to offer Rs 1,500 crore assistance for setting…

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Kubota Corp’s 9% stake acquisition in Escorts

CCI approves Kubota Corp’s 9% stake acquisition in Escorts

The Competition Commission of India (CCI) has approved acquisition (i) in Escorts by Kubota Corporation (Kubota) and (ii) in Kubota Agricultural Machinery India (KAI) by Escorts, under Section 31(1) of…

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