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Rs 80,000 crore plan in works to cut urban carbon footprint New Delhi: The Government of India plans to build 8,000 km of pavements and lay more cycle tracks in 106 cities in the next 5 years with an investment of Rs 80,000 crore (US$ 11.94 billion), in order to reduce carbon footprint in urban areas and prom...

Times of India February 22, 2017

GVK wins rights to build Navi Mumbai airport Bengaluru: GVK Power & Infrastructure Ltd., which operates the existing airport in Mumbai, has won the right to build Mumbai’s second airport in Navi Mumbai, which will require an investment of Rs 16,000 crore (US$ 2.39 billion) to build th...

Livemint February 14, 2017

skyTran to build pod car pilot project in India at own cost New Delhi: skyTran Inc., a NASA technology partner specialising in developing pod car systems for urban transport, plans to build a one-kilometre pilot track in India at its own cost as per the requirement of the government, which has shortlisted sky...

Livemint February 07, 2017

Micromax to set up $100-million fund to invest in consumer internet firms New Delhi: Micromax plans to set up an independent fund, which will raise up to US$ 100 million, with the aim to invest in consumer internet companies across the world with relevance to the Indian market....

Economic Times February 06, 2017

Stellaris raises US$ 50 million for tech-focused fund Bengaluru: Stellaris Venture Partners, an early-stage venture-capital firm, has raised about US$ 50 million as a part of the first closing of its US$ 100 million fund, which is planned to be invested in Indian technology firms operating in local lang...

Livemint February 06, 2017
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