MOU
Bayer to invest Rs 200 crore in Karnataka R&D facility, create 220 jobs
Bayer Science and Innovation has signed an MoU to invest Rs 200 crore in Karnataka for an R&D facility. This investment will be made over the next seven years and aims to create 220 jobs. The groundbreaking ceremony is scheduled before the Global Investors Meet planned for April next year. Bayer already has facilities in Bengaluru.
Bayer signs MoU with Karnataka government for ₹200 crore manufactuing facility near Bengaluru
Bayer Science and Innovation signed a Memorandum of Understanding with the Karnataka government to establish a manufacturing facility. The investment is worth ₹200 crore and is expected to create around 220 jobs. The agreement was signed in the presence of Large and Medium Industries Minister M. B. Patil. Bayer intends to break ground before the Global Investor's Meet scheduled for April 2027.
Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operations
The proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia currently has an installed annual production capacity of around 3 lakh units.
MSME ministry, Samsung sign MoU to train 1,600 youth in electronics, appliance repair
The MSME ministry has partnered with Samsung India Electronics under a three-year MoU to train youth in electronics, mobile phones and home appliance servicing across 15 Technology Centres. The programme will initially cover 1,600 trainees, offering successful candidates three-month internships with a monthly stipend of Rs 12,000, alongside placement support.
NCDEX partners with BigMint to enhance price transparency in steel scrap market
NCDEX has signed a strategic collaboration with BigMint to create a benchmark for steel scrap pricing. This partnership aims to improve price transparency and reliability for the steel industry in India. BigMint will provide daily spot price assessments, which will be used for settlement of new steel scrap derivatives contracts. The contract is expected to help participants manage price risks more effectively.
As Delhi AQI worsens, govt conducts two cloud-seeding trials at 30,000 metre height to explore artificial rain
Delhi Cloud Seeding News: The Delhi government has conducted two rounds of cloud-seeding trials near IGI Airport in the last 15 days to explore artificial rain as a possible solution to rising air pollution. The trials took place at an altitude of around 30,000 metre, compared with 10,000 metre during last year's experiments. More trials are likely after Diwali and Chhath. The government had earlier conducted cloud-seeding experiments with IIT Kanpur in October 2025, but those operations did not produce rainfall.
Odisha signs MOU with J-PAL South Asia to strengthen evidence-based policymaking
The Government of Odisha has signed a three-year MoU with Abdul Latif Jameel Poverty Action Lab. This agreement aims to strengthen evidence-based policymaking through research and collaboration. J-PAL South Asia will support various governmental departments to address their policy priorities effectively. A Steering Committee will oversee the partnership and monitor project development every six months. The collaboration builds on ongoing efforts to improve areas such as education, sanitation, and governance.
New pact struck to support employability, aspirations of Indian students in UK
NISAU UK and London Metropolitan University have formed a partnership to support Indian students’ educational experiences. The collaboration aims to connect students' learning outcomes to employment opportunities in both the UK and India. Through the triple helix model, the initiative will involve universities, employers, and policymakers to enhance student journeys. This engagement aligns with the India-UK Comprehensive Economic and Trade Agreement and Vision 2035.
Road ministry signs MoU with Bihar to use river silt for national highways construction
The ministry of road transport and highways signed an MoU with the Bihar government for river desilting. This initiative aims to use excavated silt in ongoing and future National Highway construction projects. A total of 1,078 lakh cubic metres of silt is planned for utilization in 43 highway projects in Bihar.
NBCC to build world's largest Maharana Pratap statue in Rajasthan's Haldighati
NBCC Ltd will create the world's tallest statue of Maharana Pratap in Haldighati, Rajasthan. The project is part of a Rs 168 crore tourist circuit to promote the region's historical significance. A world-class museum will showcase the legendary warrior and his horse, Chetak. An immersive projection show will highlight the historical events from the Battle of Haldighati. The circuit aims to enhance Haldighati's appeal as a heritage and tourism destination.
Araghchi says Iran, Qatar propose reopening Strait of Hormuz within two days if US meets Tehran's conditions
Iran is currently in talks with Qatari mediators to reopen the Strait of Hormuz in two days. The country's Foreign Minister Abbas Araghchi outlines several conditions related to sanctions and military presence. Tehran insists that these conditions must be met before any negotiations can proceed. Washington's communication with Iran has reportedly shown a positive shift, indicating a possible framework for dialogue.
TVS family succession dispute raises governance questions for listed companies, says InGovern
A succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement primarily revolves around the distribution of family assets and management arrangements, raising governance concerns for minority shareholders. Venu Srinivasan claims appropriate separation of personal assets, while his family members dispute this assertion. Despite public disclosure of changes in management, the core family economic settlement remains unspecified.
India's first public sector proton beam therapy unit to come up in Assam; state signs MoU with Belgian firm
Assam has signed an MoU with Belgium-based Ion Beam Applications (IBA) to set up India's first public-sector proton beam therapy centre in Guwahati at a cost of Rs 600 crore. The facility will offer advanced cancer treatment, particularly for children, and is expected to take at least three years to become operational.
IGL partners with Delhi Division of Railways for commercial PNG supply
Indraprastha Gas Limited has signed a Memorandum of Understanding with Northern Railway for gas supply. The agreement covers the supply of Commercial Piped Natural Gas to 22 designated railway locations. These locations include laundries, rest houses, and base kitchens in Delhi and surrounding areas. Initial consumption is estimated at 3,000 Standard Cubic Metres per Day, replacing LPG and diesel usage.
Railways will replace 500 kg of LPG & 2,500 litres of diesel daily with PNG at 22 sites under IGL deal; Delhi, New Delhi and Anand Vihar among stations covered
Indraprastha Gas Ltd (IGL) has partnered with Northern Railway's Delhi Division to replace LPG and diesel with piped natural gas (PNG) at 22 railway establishments across Delhi-NCR. The initial supply of 3,000 SCMD is expected to replace around 500 kg of LPG and 2,500 litres of diesel daily. The agreement is part of the government's PNG Drive 3.0.
Ladakh chief secretary directs early resolution of land issues for Kargil airstrip expansion
Ladakh Chief Secretary Ashish Kundra has directed the Deputy Commissioner of Kargil to expedite land acquisition processes. He emphasized conducting a joint site inspection with the Indian Air Force to resolve land acquisition issues. The meeting also addressed the construction of a new terminal at Thoise Airport on defense land. Administrative secretaries were instructed to resolve procedural issues for timely project execution.
IIT Guwahati, Tata Electronics join hands to build semiconductor talent pipeline
IIT Guwahati has signed an MoU with Tata Electronics to establish a Centre of Excellence for semiconductor education. This collaboration aims to develop educational programmes that align with industry needs and create skilled professionals. Additionally, the partnership will provide hands-on training opportunities for students at Tata Electronics. It includes developing relevant course content and training faculty from various institutions.
Sebi signs MoU with Bank of England to strengthen oversight of clearing corporations
SEBI and the Bank of England signed an MoU to strengthen regulatory cooperation and information sharing on clearing corporations. The framework supports cross-border supervision, enables reliance on SEBI’s oversight, and reinforces financial stability.
LANXESS, Hindustan Colas sign pact to advance innovative road construction technologies in India
LANXESS and Hindustan Colas have signed a memorandum of understanding for future collaboration. They aim to explore advanced road construction technologies specifically for the Indian infrastructure market. The agreement involves evaluating innovative solutions in bitumen and asphalt modification technologies.
Load More
