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Rising Demand Pushes Cement Industry Towards Greater Consolidation: Moody's

New Delhi, May 26 -- India's cement industry is poised for a wave of consolidation as demand continues to rise sharply, according to Moody's Ratings. Large cement producers are acquiring smaller regi... Read More


Delhi High Court High Court Upholds Arbitral Tribunal's Authority to Revive Arbitration Proceedings Under Section 16 of Arbitration Act

New Delhi, May 26 -- The Delhi High Court has dismissed the writ petitions filed by MDD Medical Systems (India) Pvt. Ltd. and LSR Medical Pvt. Ltd., challenging the revival of arbitration proceedings ... Read More


NITI Aayog Proposes Policy Framework For Medium Enterprises To Address Existing Challenges

New Delhi, May 26 -- NITI Aayog today released a comprehensive report titled 'Designing a Policy for Medium Enterprises,' outlining strategic recommendations to enhance the contribution of medium ente... Read More


Calcutta HC : Interim Relief Under Section 9 of Arbitration Act Not Maintainable Until Completion of Conciliation Process Under MSMED Act

New Delhi, May 26 -- In an important judgement, The Calcutta High Court held that the present application under Section 9 of the Arbitration and Conciliation Act, 1996, is not maintainable as the mand... Read More


Rajasthan CM Presents 'Developed Rajasthan @2047' Vision At NITI Aayog Meet

New Delhi, May 26 -- Rajasthan Chief Minister Bhajan Lal Sharma attended the 10th meeting of the NITI Aayog Governing Council on Saturday, held at Bharat Mandapam in New Delhi under the chairmanship o... Read More


PM Modi Inaugurates Railway Locomotive Manufacturing Plant With Rs 21000 Cr Investment In Gujarat

Gandhinagar, May 26 -- Prime Minister Narendra Modi inaugurated a new locomotive manufacturing facility for Indian Railways in Dahod, Gujarat, on Monday. The ceremony included the flagging off of the... Read More


India Remains Most Viable Option For Apple's iPhone Production: NITI Aayog CEO

New Delhi, May 26 -- India continues to present the most economically viable option for Apple's iPhone manufacturing operations outside China, according to BVR Subrahmanyam, Chief Executive Officer, N... Read More


Govt Opens Fresh Applications For Pharmaceutical Manufacturing Under PLI Scheme

New Delhi, May 26 -- The Department of Pharmaceuticals has launched a new round of applications for drug manufacturers seeking to establish manufacturing facilities under the Production Linked Incenti... Read More


RBI's Capital Requirement Reduction For Public Sector Banks May Ease Liquidity

New Delhi, May 26 -- The Reserve Bank of India has formally recognised that government ownership of public sector banks significantly reduces its own financial risks when providing emergency support t... Read More


Samarth Scheme Trains Over 4.3 Lakh, Places 3.2 Lakh in Textile Jobs

New Delhi, May 24 -- The government's Samarth scheme has successfully trained 4.32 lakh beneficiaries and facilitated job placements for 3.20 lakh individuals, according to data released by the Minist... Read More