In an independent appraisal report released today,United Nations Development Programme (UNDP) India has lauded the Aspirational Districts Programme (ADP) as ‘a very successful model of local area development’that ‘should serve as a best practice for several other countries where regional disparities in development status persist for many reasons’. The report said due to concerted … Read more
Tata Steel is reportedly selling two of its units in South East Asia – NatSteel Holdings and Tata Steel Thailand which would be valued at $500 million. The company has received interest for the two units from many players, including private companies. These units will be sold together. Tata Steel, the flagship company of the … Read more
JSW Steel will reportedly invest around Rs 350 crore in order to set up two pipe conveyor projects that would transport ore from the mines to its plant in the state of Karnataka. The projects, which will be completed by the end of 2018-19, will save the company as much money – around Rs 350 … Read more
Bharat Petroleum Corporation (BPCL) is reportedly planning to shut the secondary units at its Kochi oil refinery and the crude distillation unit for maintenance starting in December. The crude unit with 210,000 barrels per day (bpd) of processing capacity along with the secondary units will be shut for about 3 weeks. BPCL is into exploration, … Read more
NTPC has reportedly entered into a contract with the Indian Railways for transportation of coal from mines to all its plants through fiscal 2020. The contract is for Rs 10,000 crore inclusive of GST. The company will pay the Indian Railways a freight advance towards payment of transport of coal for FY18-19 and FY19-20. First … Read more
hatsun agro Hatsun Agro Products is reportedly planning to establish dairy plants in Maharashtra and Odhisha. In this regards, the dairy products maker has acquired around 75 acres of land in Maharashtra’s Solapur district for about Rs 6 crore. The installation of the plant is expected to be commissioned before the end of December 2019. … Read more
Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago and Tigor. The price of Tiago JPT and Tigor JPT will be Rs 1 lakh more than the present … Read more
