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View Article  Bhel to set up energy friendly power plant

Power equipment major Bharat Heavy Electricals Limited (Bhel) has bagged an order from Indian Oil Corporation (IOC) to set up an energy efficient and environment friendly co-generation power plant at its Haldia Refinery Complex. The project was awarded through international competitive bidding (ICB).

Click the following link http://www.6URL.com/11I9 to read the complete article.

View Article  Cabinet likely to approve new insurance bill today

The comprehensive bill on insurance is likely to be approved by the Cabinet on Thursday. The Bill is crucial because it includes amendments to the Insurance Act, 1999, which among other things will notify the hike in the FDI cap to 49% from 26% in the sector.

Click the following link http://www.6URL.com/11I3 to read the complete article.

View Article  RBI eases overseas investment option

The Reserve Bank of India (RBI) on Wednesday issued a notification that will formalise the liberalised remittance scheme of $50,000 for resident individuals.

Click the following link http://www.6URL.com/11I2 to read the complete article.

View Article  US defence companies seek greater ties with India

US defence companies have launched a new effort to increase ties to India, a country that projects USD 10 billion in annual defence purchases over the next decade.

Click the following link http://www.6URL.com/11HD to read the complete article.