India-Australia sign Economic Cooperation and Trade Agreement (IndAus ECTA) The Government of India and Australia inked the Economic Cooperation and Trade Agreement (“IndAus ECTA”) in a virtual ceremony on April 02, 2022. India and Australia began the process for ‘IndAus Read more
Inox Leisure to merge with PVR in an all stock amalgamation The respective Board of Directors of multiplex chains PVR Ltd and Inox Leisure (INOX) have approved an all stock amalgamation of Inox with PVR. As per the deal, the Read more
NMDC Sign MoU with IIT Kharagpur for drone-based mineral exploration The National Mineral Development Corporation Ltd. (NMDC), has signed an MoU for ‘Drone-Based Mineral Exploration’ with IIT Kharagpur. The NMDC Limited is a government owned mineral producer, under Ministry of Read more
India approves US$1 bn line of credit for Sri Lanka to help pay for key imports The Government of India has approved USD 1 billion line of credit (LoC) for Sri Lanka, to help the Island nation for importing food, Read more
India and World Bank inks US$125 million loan to support access to Social Protection Services in West Bengal The World Bank has signed a $125 million loan agreement with the Government of India and the Government of West Bengal to Read more
Microsoft to set up India’s largest Data Center region in Hyderabad Tech giant Microsoft has announced to set up its fourth data centre in India in Hyderabad, Telangana. The Hyderabad Data centre will be one of the largest data centers Read more
India signs Host Country Agreement with International Telecommunication Union for establishment of Area Office & Innovation Centre at New Delhi The Government of India has signed the Host Country Agreement (HCA) with International Telecommunication Union (ITU) for the establishment of Read more
Standard Chartered tie-up with IATA to roll out IATA Pay for airline industry in India UK-based Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a payment platform ‘ IATA Pay’ for airline industry in India. The rollout of IATA Read more
Bharti Airtel to acquire 4.7% stake of Vodafone in Indus Towers Telecom operator Bharti Airtel Ltd has entered into an agreement with Vodafone Group Plc to buy 4.7% equity interest in Indus Towers Ltd., India’s largest mobile tower installation company. The Read more
The World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) have signed a Memorandum of Understanding (MoU) to collaborate on a jointly designed ‘Sustainable Cities India program’. Objective of this MoU on ‘Sustainable Cities India program’: to Read more