Daily Archive: Thursday, March 16, 2017

16 Mar 2017

Union Cabinet approves revised pact on Border Haats with Bangladesh

The Union Cabinet on 15 March 2017 approved the revised Mode of Operation (MoO) and Memorandum of Understanding (MoU) between India and Bangladesh to establish the Border Haats on India-Bangladesh Border. The Revised MoU and Mode of
16 Mar 2017

FTII and Canon sign MoU to promote short courses in Film & Television

The Film and Television Institute of India (FTII), Pune and Canon India Private Limited on 15 March 2017 signed a Memorandum of Understanding (MoU) to promote film education through short-term courses across several towns and cities in
16 Mar 2017

Commerce Minister launched a new scheme to address needs of exporters

Commerce Minister Nirmala Sitharaman launched the Trade Infrastructure for Export Scheme (TIES) on 15 March 2017. Speaking on the occasion, Commerce Minister Sitharaman said that the scheme aims to address the needs of the exporters and added
16 Mar 2017

Twenty projects approved for implementation of Namami Gange Programme in Uttarakhand, Bihar, Jharkhand and Delhi

Twenty projects approved for implementation of Namami Gange Programme in Uttarakhand, Bihar, Jharkhand and Delhi. The Executive Committee (EC) of National Mission for Clean Ganga on 15 March 2017 approved 20 projects worth nearly Rs 1900 crore.
16 Mar 2017

Senate confirms appointment of Trump’s Director of National Intelligence nominee

The US Senate voted on 16 March 2017 to confirm the appointment of former Republican Senator Dan Coats and Lieutenant General HR McMaster as President Donald Trump’s Director of National Intelligence and National Security Adviser respectively. While
16 Mar 2017

Sale of 24% equity in Lubrizol India by Indian Oil to Lubrizol Corporation, USA approved

The Cabinet Committee on Economic Affairs (CCEA) gave its approval to permit Indian Oil Corporation Limited (IndianOil) to sell its 24 per cent equity in M/s Lubrizol India Private Limited (LIPL) to Lubrizol Corporation, USA (LC). The
16 Mar 2017

World Bank loan for Rewa Ultra Mega Solar project in Madhya Pradesh

The World Bank has agreed to provide loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar (RUMS) project in Madhya Pradesh, a state government official said today. “The World Bank has agreed to
16 Mar 2017

IndusInd Bank to acquire IL&FS Securities Services

Private sector lender IndusInd Bank Tuesday said it will buy IL&FS Securities Services Ltd (ISSL), a subsidiary of Infrastructure Leasing and Financial Services (IL&FS) Ltd, in an all-cash deal. IL&FS Securities Services, incorporated in July 2006, is
16 Mar 2017

Capital Raising Committee of Bank of Baroda approves bond issue

The Capital Raising Committee of Bank of Baroda’s board on March 14, 2017 has approved raising of funds through issuance of Basel III compliant Additional Tier-I bonds (perpetual debt instrument) amounting to Rs 500 crore with green
16 Mar 2017

Footwear Design And Development Institute Bill, 2017 Introduced In The Lok Sabha

Commerce and Industry Minister Nirmala Sitharaman introduced the Footwear Design and Development Institute Bill 2017 on March 14 in the Lok Sabha. Apart from declaring FDDI an institution of national importance, the proposed legislation aims to facilitate
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