MoU
Naveen Patnaik, chief minister of Odisha, has assured swift resolution of all problems plaguing big ticket projects in the state through a slew of measures and resolutions. In a path breaking development, Naveen Patnaik declared the state’s resolve to sort out and fix all issues related to big projects located in the state. This comes [...] Continue Reading »
Indian real estate development firm, the M3M group will be partnering with one of the top Chinese showcase development firms with the objective of building a large Expo-Center in New Delhi. It is estimated to be a multi-billion dollar investment. The Xin Ji Group of showcase developers from Guangzhou, China announced an MOU with the [...] Continue Reading »
During Prime Minister Narendra Modi’s visit to Japan, GMR Infrastructure signed a memorandum of understanding to provide financial assistance to Japanese companies investing in infrastructure projects of the GMR Group. According to a statement, the objective of this MoU is to provide low-cost, long-term financing for infrastructure projects that involve Japanese companies. These could be [...] Continue Reading »
State owned Flag carrier Air India’s (AI) balance sheet has been in red for the last many years and the loss making company is reeling under the pressure to bring back its lost sheen. AI has approached the government of India undertaking company National Buildings Construction Corporation Ltd. (NBCC) to help it monetise its assets. [...] Continue Reading »
India’s oldest town Varanasi is apparently on the verge of becoming a realty hotspot, with Prime Minister Narendra Modi having promised to turn the town into a ‘smart city’ Modi’s decision has set the real estate activity rolling in the Varanasi town. Some realty consultants have already started getting enquiry calls about the land prices [...] Continue Reading »
Prime Minister Narendra Modi is all set to convert Varanasi into a ‘smart city‘. Varanasi is among one of the oldest cities in India and for many, Varanasi is about salvation. Indians believe that if they die in Kashi (Varanasi) then they will directly go to heaven. Itsghats, temples and narrow, dingy bylanes give the [...] Continue Reading »
Abenomics meets Modinomics in a deal between our PM Narendra Modi and the Japanese PM Shinzo Abe. Prime Minister Narendra Modi landed in Osaka on Saturday and, within hours, oversaw the signing of a MoU (Memorandum of Understanding) with the Japanese PM Shinzo Abe. This MoU is meant to turn Varanasi into a ‘smart city’ [...] Continue Reading »
In Ghaziabad, on Tuesday, a memorandum was signed between the Ghaziabad Development Authority and the Delhi Metro Rail Corporation. This memorandum of understanding was based on the extension of the Metro Line that started from Delhi’s Dilshad Garden and went all the way to the city’s bus stand. It was about 9.41 kilometres long. There [...] Continue Reading »
Shortage of funds has made it difficult to start with the conservation process of 16 unprotected monuments. With no government instated in Delhi currently, officials say clearances for Phase II of the project—conceived by Delhi government’s archaeological department and Indian National Trust for Art and Cultural Heritage (Intach)—could take several months. Meanwhile, there have been [...] Continue Reading »
The Tamil Nadu government is giving a lot of thought to the infrastructure development of the state to promote industries. The state government presented a no new-tax budget for 2014-2015. This move to promote industries amidst a “failing macro environment” is being taken to support the economic growth in the state. The government has decided [...] Continue Reading »
