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1.Adani Ports to acquire 75% stake in Krishnapatnam

Adani Ports and Special Economic Zone (APSEZ) will acquire 75 per cent stake in Krishnapatnam Port Company for an enterprise value of Rs.135.72 bn

2.MADC awaits government order on proposed Purandar Airport

The Maharashtra Airport Development Company is reportedly awaiting an order from the state government regarding the proposed airport in Purandar.

3. Assam floats tender for 30 MW solar projects

The Assam Power Distribution Company has invited bids to develop 30 MW of grid-connected solar PV power projects under the CPSU Phase-II programme.

4. World Bank, Government of India sign $88 million loan agreement for Assam Inland Water Transport Project

The Government of India, Government of Assam and the World Bank recently signed a loan agreement of $88 million to help modernise Assam’s passenger ferry sector that runs on its rivers, including the mighty Brahmaputra.

5.Bombay High Court sets up panel to liquidate HDIL assets

The Bombay High Court (HC) on January 15 ordered setting up of a three-member panel to evaluate and sells assets of the embattled Housing Development and Infrastructure (HDIL). The fund thus accumulated would be used to pay off the debt the builder owes crisis-hit PMC Bank.

6.Shriram Automall enters into Rs 500 billion stressed assets management industry

It will strike the right chord of the customers for end-to end solutions of industrial equipment and commodities

7.Saudi Arabia boosts India’s growth story

The two nations are strengthening ties with increased energy cooperation

8.Furniture Applications

Classic Marble Company’s (CMC) Quadra porcelain slabs collection is now offered as part of custom-made table-top applications. The company offers a range of 20 products in various colours and patterns that can make beautiful table-top applications.

9.Increased footfall of customers boosts the confidence of the OEMs

A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India’s infrastructure and mining needs

10.Trimble India hosts CXO Conclave in Mumbai

Trimble Solutions India, a subsidiary of US-headquartered, NASDAQ listed Trimble Inc, hosted a CXO conclave in Mumbai on November 28, 2019.

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