Indian Railways finalizes the tender for Vande Bharat Type train sets

Indian Railways finalizes the tender for Vande Bharat Type train sets; This tender is for 44 Rakes of 16 Car each; These Rakes will be manufactured at three Production units of Indian Railways; For the first time, the tender required minimum 75% local content requirement of the total value; “Make in India” mission gets a boost; The tender awarded to indigenous manufacturer M/s Medha Servo Drives Ltd […]


PM announces 1000 crore Startup India seed fund

PM interacts with Startups and addresses ‘Prarambh: Startup India International Summit; nnounces 1000 crore Startup India seed fund; Startups are changing demographic characteristics of today’s business; India is working for a startup ecosystem ‘Of the Youth, By the Youth, For the Youth’; 8 thousand startups registered on GeM, Done business worth 2300 crore […]


PFC Ltd releases 5000Cr worth Public Issue Debentures

Public Issue of Debentures amounting to Rs. 5,000 crores by PFC Ltd. opens on January 15, 2021; Debentures offer coupon rates ranging upto 7.15% p.a.$ across maturities; Rs. 500 crores base Issue size; option to retain oversubscription up to Rs. 4,500 crores aggregating upto Rs. 5000 crores, which is within the shelf limit of Rs 10,000 crores; Allotment on first-come, first-served basis […]