India

PFRDA plans to relax NPS entry, exit age

Aims to add at least 1 million new subscribers this fiscal Senior citizens who have not yet got into the National Pension System (NPS) bandwagon may have some cause for cheer. Pension regulator PFRDA plans to soon extend the maximum entry age for availing NPS benefit to 70 years from the current 65 years, its Chairman Supratim Bandyopadhyay said on ...

Read More »

PFRDA mulls on-tap licenses for pension fund managers

Regulator also planning to raise entry and exit age limit for national pension system The Pension Fund Regulatory and Development Authority of India plans to open a 30-45 day window to allow on-tap licences for new pension fund managers. At the same time, the pension regulator is also planning to raise the entry as well as exit age limit for ...

Read More »

IRSDC invites e-RFP for Bijwasan railway station development

New Delhi: The Indian Railway Stations Development Corporation Ltd. (IRSDC) has invited e-Request for Proposal (RFP) for leasing of land parcel for mixed-use development as a part of Bijwasan railway station development project. The IRSDC in a statement said that the total land area available for mixed used development is 18,000 square meter and is available for bidders on lease hold ...

Read More »

Traffic enforcement to get a boost as police invite proposal for ITES

The objective of RFP is to select a system integrator for implementing ITES. KOCHI: With an eye on reducing road accidents and traffic rule violations, Kerala Police have invited proposals for Integrated Traffic Enforcement System (ITES) in which advanced technology will be used for traffic rule enforcement activities. Kerala Police recently invited a Request for Proposals (RFP) from companies that have ...

Read More »

IRSDC invites e-RFP for Bijwasan railway station development

The Indian Railway Stations Development Corporation Ltd. (IRSDC) has invited e-Request for Proposal (RFP) for leasing of land parcel for mixed-use development as a part of Bijwasan railway station development project. The IRSDC in a statement said that the total land area available for mixed used development is 18,000 square meter and is available for bidders on lease hold rights ...

Read More »

Transportation experts bat for alternatives to metro rail

Faced with the ₹5,182-crore Kochi metro encountering a daily loss of around ₹1 crore and recording not even 10% of the passenger patronage mentioned in the DPR, urban transport experts are demanding that metro neo, metro lite, or modernised bus transport systems be adopted for its extensions and for mass rapid transport systems (MRTS) mooted for Thiruvananthapuram and Kozhikode. This ...

Read More »

Indian Railway Stations Development Corporation (IRSDC) invites e-Request for Proposal (RFP) for this railway station development

The Indian Railway Stations Development Corporation Ltd. (IRSDC) has invited e-Request for Proposal (RFP) for leasing of land parcel for mixed-use development as a part of Bijwasan railway station development project. The IRSDC in a statement said that the total land area available for mixed used development is 18,000 square meter and is available for bidders on lease hold rights ...

Read More »

PMKVY clause may hit MSMEs

Skill Ministry proposal contradicts the government’s commitment to handhold and stands by MSMEs in difficult Covid times With no fresh work, zero revenues and the responsibility of employee salaries during the Covid times, MSMEs will have a tough time, says industry. Hyderabad: The Ministry of Skill Development & Entrepreneurship, Government of India, floated a request for proposal (RFP) on special projects ...

Read More »

BCCI to hold 7th ACM on April 16, 14 points on agenda

By Nitin SrivastavaMumbai (Maharashtra) [India], April 7: The Board of Control for Cricket in India (BCCI) will hold its seventh Apex Council meeting on April 16 and some of the major points that are on the agenda are discussing the forthcoming domestic season, the upcoming T20 World Cup in India and BCCI’s stand on including cricket in Los Angeles 2028 ...

Read More »

BSNL 4G Requirements Can be Fulfilled by Mavenir With Indigenous Technology

Mavenir India, a subsidiary of the US-based telecom giant, said that it can fulfil the demands of BSNL’s 4G mentioned in the request for proposals (RFP) Bharat Sanchar Nigam Limited (BSNL) is eyeing a hybrid-4G deployment in India. The state-run telco has received the nod from the Department of Telecommunications (DoT) for the same. In a recent development, Mavenir India, a subsidiary ...

Read More »

WHO Director-General and global faith leaders high-level dialogue on COVID-19

On Friday, March 19th, WHO Director-General Dr. Tedros Adhanom Ghebreyesus met with Religions for Peace (RfP) senior leaders for a high-level dialogue centered on the value of multi-faith collaboration in the pandemic response, especially the role faith leaders and organizations play in the COVID-19 vaccine rollout. The nearly twenty RfP leaders, convened by RfP Secretary-General, Professor Azza Karam, represented all ...

Read More »

BCCI invites bids for its digital properties including those of IPL

The BCCI on Tuesday invited bids for its digital properties as well as those of the Indian Premier League through a tender process The BCCI on Tuesday invited bids for its digital properties as well as those of the Indian Premier League through a tender process.CHECK IND VS ENG 3rd T20 LIVE SCORE AND MATCH UPDATES The Board said it is issuing two Request ...

Read More »

IPL 2021: BCCI invites bids for management of BCCI & IPL Digital Properties

IPL 2021: BCCI invites bids for board and IPL digital properties, Indian Premier League,Board of Control for Cricket in India IPL 2021 & BCCI Digital Properties: The 14th edition of the Indian Premier League (IPL 2021) is about to begin in couple of weeks time and BCCI is looking to engage with the cricket fans on their digital platforms in bigger ...

Read More »

Privatization of Thiruvananthapuram airport imminent

The Thiruvananthapuram airport has been privatized disregarding the protests by the airport staff and the state government, which had later lost steam. THIRUVANANTHAPURAM: The Thiruvananthapuram airport has been privatised disregarding the protests by the airport staff and the state government, which had later lost steam. Now it’s only a matter of months before the winning concessionaire, Adani Enterprises Ltd (AEL), ...

Read More »

Bhavesh Shekhawat and Aakansha Bansal impress in 25m Rapid Fire Pistol as national shooting trials conclude

Both shooters impressed in the final round after lacklustre performances in the qualifiers Bhavesh Shekhawat and Aakansha Bansal of the Central Industrial Security Force (CISF), won the Men’s and Women’s 25M Rapid Fire Pistol (RFP) T2 competitions, as the final day of the National Shooting trials concluded at the Dr. Karni Singh Shooting Range in New Delhi. Bhavesh shot an impressive 32 with three 5s ...

Read More »

RUMSL Tenders for DPR of 950 MW Solar & 600 MW Floating Solar Project in Madhya Pradesh

Rewa Ultra Mega Solar Limited (RUMSL) has released the RFP for the Preparation of DPR for the development of identified Solar Parks in Madhya Pradesh RUMSL, a Joint Venture formed between Solar Energy Corporation of India Ltd (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), has issued a tender to select firms to prepare a Detailed Project Report (DPR) ...

Read More »

The Deadly Alphabet Soup That Is India’s Defence Acquisition Procedure

Service officers and defence ministry officials concede that the ‘alphabetic morse code’ that comprises communications with vendors pose a ‘formidable comprehensible’ challenge even to themselves. Every day we are assaulted by a miasma of bewildering acronyms and abbreviations in official documents, newspapers and on television, all guaranteed to drown millions of us in thick alphabet soup. But this confusion is possibly paramount in India’s ...

Read More »

Indian Air Force Bets Big On Russian Jets; Set To Acquire More MiG-29, Su-30 MKI Fighters – Reports

The Indian Air Force is set to procure 21 MiG-29s and 12 Sukhoi-30 MKI fighter jets from Russia. This development comes after the Indian Air Force signed a mega-deal to acquire 83 Tejas LCA. According to The Times of India, the request for proposal (RFP) for 21 MiG-29 fighter jets would soon be issued to Russian state-run defense export agency Rosoboronexport. The ...

Read More »

After Tejas, India set to procure more MiG-29 and Sukhoi fighter jets

Along with the 83 new Tejas, to be inducted in the January 2024-December 2028 timeline, the additional MiG-29s and Sukhois will curb the decline in the number of IAF fighter planes and will add more firepower to the draining strength of the air force The MiG-29s are expected to be acquired at relatively lower prices and will add to 59 ...

Read More »

France’s EDF-led consortium set to plan India’s global grid

EDF is delighted to work with Teri and AETS, says Harmanjit Nagi, director, EDF India The other members of the consortium are India’s The Energy and Resources Institute and France’s AETS A consortium led by French state-run power utility firm Électricité de France SA (EDF) has been tasked with creating the road map for India’s ambitious global grid, two people aware ...

Read More »

Power sector regulator to embrace AI, machine learning to boost functioning

The CERC will be the first such quasi-judicial regulatory body to embrace AI and machine learning (ML) The CERC floated a request for proposal (RFP) in December 2020 to select a consultant working in the domain of AI. The apex power sector regulator, the Central Electricity Regulatory Commission (CERC), is planning to set up an artificial intelligence (AI)-based regulatory expert system tool ...

Read More »

Union Budget 2021: Indian Railways To Seek Investment Of ₹ 30,000 Crore For Running Private Trains

Union Budget 2021: Last year, Finance Minister Nirmala Sitharaman had announced the introduction of 150 private trains across the national rail network in the next three-four years Union Budget 2021: Tejas Express trains are among the fastest trains in the country Union Budget 2021: As part of Indian Railways’ first private investment initiative for operating passenger trains, the Railway Ministry earlier ...

Read More »

Indian government launches public services chatbot tender

With mobile phone ownership rising fast, the Indian government aims to use AI to boost access to digital services. The Indian government is seeking tech firms to build an AI-powered chatbot to help citizens access digital services, issuing a Request for Proposal (RFP) last week.  According to The Times of India, the RFP ­– published by the National E-Governance Division of ...

Read More »

Helicopters, aircraft, drones, and much more for the Indian Armed forces

Despite the global pandemic of Covid-19 and resultant lockdown, production activity on these helicopters has been progressing well at the state-owned Hindustan Aeronautics Limited (HAL) facility in Bengaluru. These helicopters are going to be used for undertaking shore and shipborne operations, in accordance with the charter of ICG. Indian Coast Guard (ICG) will be receiving 2 out of 16 ALH ...

Read More »

PFRDA raises cap on fund management charges as it floats RFPs

There would now be four slabs, each attracting charges based on the quantum of assets under management The pension regulator has also raised the minimum capital requirement to Rs 50 crore from earlier Rs 25 crore. The Pension Fund Regulatory and Development Authority (PFRDA) has raised the ceiling on fund management charges to reel in more companies in the sector ...

Read More »

Ministry Invites Proposals for Making UMANG Chatbot “ONE bot” and Conversational AI Platform for e-Governance Services

National e-Governance Division (NeGD) of Ministry of Electronics and Information Technology, Government of India, has invited proposal for appointment of partner agency for developing Conversational AI Platform for delivery of UMANG/Government services.“The Partner Agency (Bidder) shall design, develop, and deploy the complete Conversational AI Platform as per SoW in this RFP and as suggested by NeGD/MeitY. The Partner Agency through this ...

Read More »

BSCL begins survey for GIS-based master plan in Bhubaneswar

The Bhubaneswar Smart City Limited (BSCL) has begun its survey of 26 locations to obtain field-level data for the proposed GIS-based master plan for Odisha’s capital city. The Master/Development Plan is a sub-scheme under the Union government’s Atal Mission for Rejuvenation and Urban Transformation (AMRUT). The mission aims to bring about more efficient town planning using satellite data, reported OrissaPost. Working ...

Read More »

Maha: Security upped at Aurangabad station amid renaming row

Aurangabad, In view of the ongoing row over the renaming of Aurangabad in Maharashtra, the Railway Police Force has stepped up security at the city”s railway station to prevent any untoward incident, an official said on Tuesday. The issue of renaming Aurangabad to Sambhajinagar has come to the forefront of state politics over the last few days. Personnel from the ...

Read More »

Minimum Assured Returns scheme in the works, says PFRDA chairman

Separately, under the NPS, the pension regulator is planning a new system for a systematic withdrawal plan or pay-out. This would allow subscribers to choose between annuity plans or SWPs. The pension regulator is planning a Minimum Assured Returns Scheme for customers with a lower appetite for risk. In an interaction with Moneycontrol, Supratim Bandyopadhyay, Chairman, Pension Fund Regulatory and Development ...

Read More »

Govt invites preliminary bids for 26% stake in BEML

BEML, a mining equipment maker, has diversified into manufacturing of rail coaches and defence production. The company has a market capitalization of around ₹2500 crore and total revenue from operations of ₹3,028.8 crore in FY 20 Government has invited preliminary bids for 26% strategic stake sale in BEML Limited which is engaged in manufacturing and supply of equipment for mining, construction, defence and ...

Read More »