Indian Government

Government To Begin Development Of Enterprises And Services Hubs 

Government To Begin Development Of Enterprises And Services Hubs 

India is planning to expand its limited Special Economic Zones (SEZs), which are presently focused on exports, into all-encompassing economic hubs with the motive to draw in more foreign investment.    According to a draft released for consultation and industrial units situated in these hubs, which would be known as Development of Enterprises and Services Hubs…

Approves Tata Steel’s Bid to Acquire 93.71% Equity in NINL

Approves Tata Steel’s Bid to Acquire 93.71% Equity in NINL

The Government on Monday has approved the highest bid of Tata Steel Long Products Limited for acquiring 93.71% equity in Neelachal Ispat Nigam Ltd (NINL), a joint venture of 4 CPSEs ─ MMTC, NMDC, BHEL, MECON, and 2 Odisha Government-owned companies ─ OMC and IPICOL.  This is a combined decision of three Ministers ─ Transport…

Full Support To IT Industry in Pushing Growth- Piyush Goyal

Full Support To IT Industry in Pushing Growth- Piyush Goyal

Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textile, believes that India’s top IT companies will have a great contribution in raising services exports to $1 trillion as India is on the right track to achieve its merchandise exports target of $400 billion this year.  During a crucial…