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Viney Equity Market Co-Leads Rs.7.15 Bn Investment in Vikram Solar
Uttarakhand CM inaugurates 66 feet national flag in Dehradun
Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated a 66 feet high national flag in Dehradun as part of the Smart City project. The initiative is one of many under the Smart City project, which focuses on enhancing Dehradun's infrastructure, beautification, and civic amenities. The flag aims to foster patriotism and pride, becoming a local landmark. Dhami highlighted the importance of such symbols in promoting unity, while the project continues to enhance Dehradun tourism.Andhra Govt allocates Rs.167 bn for Panchayat RajThe Andhra Pradesh Government allocated `167 billion (bn) for the P..
NHAI Set to Launch Green Bonds Valued at Rs 10 billion
Reiterating its commitment to promote environment sustainability and development of green highways, National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV) ‘DME Development (DMEDL) will issue green bonds to raise funds for the implementation of environment friendly measures on Delhi-Mumbai Expressway project. To be held under closed bidding system, the aggregate total size of the issue will be up to Rs10 billion with a base issue size of Rs 5 billion. There will be a green-shoe option to retain oversubscription up to Rs 5 billion. The first of its kind green bond i..
Govt may Offer 35% Subsidy for Goods Transport via Inland Waterways
To enhance the transportation of goods through rivers, which currently constitutes only 2 per cent of India’s total freight movement, the government is planning to introduce a three-year subsidy scheme for cargo owners opting for inland waterways. Under the proposed initiative, a 35 per cent subsidy for transportation on national waterways 1, 2, and 16 is expected to shift around 800 million tonne-kilometres (tkm) of cargo to inland waterways, as per the Ministry of Ports, Shipping, and Waterways. (Tkm measures cargo transportation by multiplying the metric tonnes of goods by the distance ..
