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Monthly Archives: April 2018


DAC Approves Capital Acquisition

BAE Systems’ guns in Rs.3,687 crore acquisition The Defence Acquisition Council (DAC), chaired by the Defence Minister Nirmala Sitharaman, approved Capital Acquisition Proposals of the Services valued at over Rs.3,687 crore.

Maha Govt approves Mumbai Development Plan

Plans for 10 lakh affordable houses The Government’s approval on the long-pending Mumbai DP 2034 is a welcome move. The Development Plan (DP) is likely to spur real estate activity in the city and also pave the way for the development of much-needed affordable houses

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WB signs funding for biopharma mission

National Biopharma Mission programme progresses   The World Bank has signed an agreeent with Indian Government to provide 50% of the US$250 million for a five-year programme to make India a hub for design and development of novel, affordable and effective biopharmaceutical products such as


Digital Desk to promote SMEs

SME convention signs 23 agreements   A Digital Trade Desk at the Ministry of Micro, Small and Medium Enterprises (MSMEs) will be set to promote collaboration between Indian Small and Medium Enterprises (SMEs) and SMEs of other countries.