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Govt to take steps to boost private investment in roads, shipping New Delhi: Mr Mansukh L Mandaviya, Union Minister of State for Road Transport & Highways, Shipping and Chemical & Fertilizers, has stated that the Government aims to boost corporate investment in roads and shipping sector, along with introduc...

Economic Times January 20, 2017

AAI to raise capex in FY18 for airport expansion, building more hangars New Delhi: Airports Authority of India (AAI) plans to increase its capital expenditure for 2017-18 by 25 per cent to Rs 2,500 crore (US$ 367 million), primarily to expand capacity at 12 airports to accommodate increase air traffic, as per Mr Gurupras...

Livemint January 17, 2017

Kratikal Tech raises close to US$ 500,000 in seed funding New Delhi: Kratikal Tech Pvt Ltd, a cybersecurity start-up, has raised around US$ 500,000 in seed round of funding led by Mr Amajit Gupta, former director of Microsoft India, which will be used for product development and building training modules....

Livemint January 16, 2017

MoUs worth Rs 16,000 cr in IT and Rs 5,022 cr in Bio-Technology sectors inked Ahmedabad: The Government of Gujarat has signed 54 memorandum of understanding (MoUs) worth Rs 5,022 crore (US$ 736.1 million) in the biotechnology sector, and 89 MoUs worth Rs 16,000 crore (US$ 2.3 billion) in the information technology (IT) sector,...

Times of India January 12, 2017

Welspun to invest Rs 2,000 crore to set up SEZ in Gujarat Gandhinagar: Welspun Group, a Mumbai-based conglomerate operating in home textiles, line pipes and infrastructure, plans to invest around Rs 2,000 crore (US$ 293.14 million), for setting up a special economic zone (SEZ) in Gujarat....

Livemint January 11, 2017
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