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Swathi Ragiphani

Railways to form SPVs with 17 states for infra development

News: Railway Minister Suresh Prabhu said his ministry will form special purpose vehicles (SPVs) with 17 states to develop railway infrastructure. According to the minister Maharashtra has decided to invest Rs 10,000 crore for next five years in this company. He also announced 250 additional trains to clear the rush ...

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Cochin Shipyard making Rs 4,357-cr ships, carriers

News: The Cochin Shipyard is building fast patrol vessels and indigenous aircraft carriers worth Rs 4,357 crore for the Defence. The orders to the Cochin Shipyard include a contract worth Rs 2,848 crore for building indigenous aircraft carriers (IAC) for the Indian Navy, Radhakrishnan said. He said 14 FPVs have ...

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IIT-Tirupati all set to start classes

News: A three-storey building on the sprawling campus of Krishna Teja Group of Educational Institutions on Renigunta Road has been allocated to IIT-T. “We are bringing some senior faculty members from IIT-Madras to train students here,” K.N. Satyanarayana, Professor in charge of IIT-Tirupati said. Source: TH

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Lok Sabha passes bill to deal with cheque bounce cases

News: The amendments in the Negotiable Instruments Act will have implications for over 18 lakh cheque bounce cases pending in various courts, Minister of State for Finance Jayant Sinha said while piloting the Negotiable Instruments (Amendment) Bill 2015 in the House. It will help small traders, large corporates especially telecom ...

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