General

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 […]

Technology

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 […]

General

India builds 9mm Machine Pistol Asmi

India’s first indigenous 9mm Machine Pistol has been jointly developed by DRDO and the Indian Army. Infantry School, Mhow, and DRDO’s Armament Research & Development Establishment (ARDE), Pune have designed and developed this weapon using their respective expertise in the complementary areas […]

General

Bengaluru Metro phase 2 inaugurated

Phase-2 of Bengaluru Metro Inaugurated; STEP towards goals of Bengaluru Mission 2022 to enable faster commute and smart mobility options; 74 km route length with 62 stations in phase-2 consisting of extensions to both purple & green lines of phase-1 in all four directions totaling 34 km & two new lines […]

Markets

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 […]

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Agriculture & Commodities

APEDA organizes VBSM to promote Millet products

The Agricultural and Processed Food Products Export Development Authority (APEDA) in association with Andhra Pradesh Drought Mitigation Project (APDMP), an externally aided project funded by IFAD, organized a Virtual Buyer Seller Meet with Millet Exporters and FPOs of Millet for establishing marketing linkages. […]