Important news: - *Odisha Govt* is inviting *SAIL ArcelorMittal JV* to set up automotive grade steel plant
Important news:
- *Odisha Govt* is inviting *SAIL ArcelorMittal JV* to set up automotive grade steel plant *in Odisha* while informed *JSW Steel proposal has gone to Odisha Industrial Development Company* and should be able to do groundbreaking in 2018
- *Tata Motors* proposes to raise funds of $250-500mn through *external commercial borrowing (ECB)* & all proceeds will be used towards refinancing *part of the principal amount of borrower's notes as permitted under ECB directions*
- *Bharti Airtel* to roll out *7000 mobile sites* including pre-5G *Massive Multiple Input Multiple Output (MIMO)* across Mumbai in FY18 to increase *its network capacity* for high speed data & voice services
- *Arvind* to invest Rs 1500cr over 3 years *to increase garment making capacity from fabric by 6x* (10% to 60% of fabric to garment) to meet *rising demand for branded apparel & fashion garments*
- *Philip Morris International* planning to launch *its iQOS smoking device in India* (sleek, penlike device which heats but doesn't burn tobacco & produces nictoine containing vapor) & *thus less harmful than conventional cigarettes*
*Newsflow*
- *L&T Group firm Nabhua Power* today said it has been forced *to shutdown 700MW unit of Rajpura Thermal Power Station in Punjab* owing to coal shortage
- *Power Minister RK Singh* today said all electricity meters across India *would be smart prepaid meters in next 3 years* which would reduce *AT&C losses & better health of discoms*
- *FM Piyush Goyal* set to meet *heads of PSU Banks* based out of Western & Southern regions tomorrow *to resolve various issues concerning them* (organiser by SBI & Heads of 15 PSU Banks to attend)
- *Govt of India* is planning to restructure *National Pharmaceutical Pricing Authority (NPPA)* with its role *to change to more of a regulatory body implementing & monitoring prices change* than to fix them
- *Department of Telecom (DoT)* has floated tender *to install over 5 lakh WiFi hotspots across gram panchayat* with estimated cost Rs 4000cr & rollout expected by November 2018
- *Copper prices* has risen to 4 & half year high *to above $7300/ton* boosted by *Vedanta Smelter closure* & *fears of Escondida mine in Chile being crippled by industrial action*
- *Odisha Govt* is inviting *SAIL ArcelorMittal JV* to set up automotive grade steel plant *in Odisha* while informed *JSW Steel proposal has gone to Odisha Industrial Development Company* and should be able to do groundbreaking in 2018
- *Tata Motors* proposes to raise funds of $250-500mn through *external commercial borrowing (ECB)* & all proceeds will be used towards refinancing *part of the principal amount of borrower's notes as permitted under ECB directions*
- *Bharti Airtel* to roll out *7000 mobile sites* including pre-5G *Massive Multiple Input Multiple Output (MIMO)* across Mumbai in FY18 to increase *its network capacity* for high speed data & voice services
- *Arvind* to invest Rs 1500cr over 3 years *to increase garment making capacity from fabric by 6x* (10% to 60% of fabric to garment) to meet *rising demand for branded apparel & fashion garments*
- *Philip Morris International* planning to launch *its iQOS smoking device in India* (sleek, penlike device which heats but doesn't burn tobacco & produces nictoine containing vapor) & *thus less harmful than conventional cigarettes*
*Newsflow*
- *L&T Group firm Nabhua Power* today said it has been forced *to shutdown 700MW unit of Rajpura Thermal Power Station in Punjab* owing to coal shortage
- *Power Minister RK Singh* today said all electricity meters across India *would be smart prepaid meters in next 3 years* which would reduce *AT&C losses & better health of discoms*
- *FM Piyush Goyal* set to meet *heads of PSU Banks* based out of Western & Southern regions tomorrow *to resolve various issues concerning them* (organiser by SBI & Heads of 15 PSU Banks to attend)
- *Govt of India* is planning to restructure *National Pharmaceutical Pricing Authority (NPPA)* with its role *to change to more of a regulatory body implementing & monitoring prices change* than to fix them
- *Department of Telecom (DoT)* has floated tender *to install over 5 lakh WiFi hotspots across gram panchayat* with estimated cost Rs 4000cr & rollout expected by November 2018
- *Copper prices* has risen to 4 & half year high *to above $7300/ton* boosted by *Vedanta Smelter closure* & *fears of Escondida mine in Chile being crippled by industrial action*
.jpeg)
.jpeg)
Comments
Post a Comment