India

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), ...

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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 ...

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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) ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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Four Hundred Monitor

Welcome back! When last we were together, we were all eagerly anticipating the end of a very long and arduous year. Now we find ourselves in the new year with a bit of renewed hope for a return to some sense of the normalcy, although we must continue to tread carefully toward that goal. As we hang up our new ...

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Tatas hike AirAsia India stake to 83.67% ahead of Air India bid

Tata Group has increased its stake in AirAsia India, its joint venture with Malaysia’s Air Asia Berhad to 83,67 per cent by acquiring an additional 32.67 per cent for $37.66 million (Rs276 crore).Tatas also has the option to buy the remaining 16.33 per cent stake for $18.83 million. This move comes as the race for Air India’s divestment heats up, ...

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Govt to divest 26% stake in BEML; EoI submission open till March 1

The sale could fetch the government Rs 1,055 crore, according to the company’s share closing price on Friday TopicsBEML | Divestment | PSU sales The disinvestment will be through a two-stage open competitive bidding process. | Photo: bemlindia.in The Centre on Sunday invited bids for strategic divestment in BEML, four years after the Cabinet approved divestment in the company. The government will sell 26 per cent out of ...

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Ahead of Air India’ strategic disinvestment, Tata increases stake in AirAsia India

Mumbai/IBNS: Tata Sons is all set to buy AirAsia Berhad’s majority stake in AirAsia India as all eyes are set on the second phase of Air India deal, which reportedly the Tatas are most likely to win. The Malaysian budget airline will sell 32.67% of its stake in Indian operations for $37.7 million, after which Tata Sons will hold 83.67% ...

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Tender Issued for Rural Electrification Work Using Solar Mini/Micro Off-Grid Systems

The last date for the submission of bids is January 11, 2020 The Jharkhand Renewable Energy Development Agency (JREDA) has issued a request for proposal (RfP) for electrification work at seven villages with 583 kW of mini and micro-grid solar power systems. The work is expected to cost ₹166.9 million (~$2.3 million) and must be completed within three months from ...

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S.Korea’s 5G users near 11 million in Nov: Report

South Korea racked up nearly 11 million users on fifth-generation (5G) wireless networks as of end-November, data showed on Thursday. Seoul: New Delhi South Korea racked up nearly 11 million users on fifth-generation (5G) wireless networks as of end-November, data showed on Thursday. According to a data compiled by the Ministry of Science and ICT, the country had 10.9 million 5G users last month, accounting ...

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Realme to start 2021 with 5G-enabled X7 series

India’s youngest and fourth largest smartphone brand Realme shared its “TechLife” and “5G Leader” vision for 2021 as it aims to diversify its product ecosystem and launch 5G smartphones across price points. New Delhi: India’s youngest and fourth largest smartphone brand Realme shared its “TechLife” and “5G Leader” vision for 2021 as it aims to diversify its product ecosystem and launch 5G smartphones ...

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Phase-II of Air India disinvestment to start Jan 5

New Delhi: The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. The process has been divided into two stages. In stage I, expressions of interest (EoI) have been submitted by interested bidders and they will be shortlisted based on eligibility criteria and other terms ...

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After CESU, Tata Power takes over Southco, Wesco

The order was issued on December 28 amid concern that Tata Power may take same recourse as in the case of CESU asking for a review of the Commission order.  BHUBANESWAR: The Odisha Electricity Regulatory Commission (OERC) has issued an order vesting the management and control of two distribution companies, Southco and Wesco, with Tata Power Company Ltd (TPCL) with effect ...

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India approves sale of Akash missile system to foreign nations

NEW DELHI: In a big boost to India’s indigenous defence capabilities, the government approved on Wednesday the sale of Akash missile system to foreign nations, Defence Minister Rajnath Singh said. A surface-to-air missile with a range of 25 km with over 96 per cent indigenisation, Akash, developed by the DRDO, is India’s first indigenously designed missile system and can target fighter ...

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Indian Ministry of Electronics and IT to award tenders for 1 million NavIC Chips to highest bidder

Following pre-bid meetings on December 14, high-stakes bidding is now on for tenders for 1 million integrated NavIC and GPS receivers in India, to be submitted to the Ministry of Electronics and IT, by January 11. Proposals can be submitted for the design, manufacturing, supply, and maintenance of the receivers. The request for proposal (RFP) was floated by MeitY on ...

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IPS officers Roopa and Nimbalkar in war of words over tender process in Bengaluru Safe City project

Karnataka Home Secretary D Roopa on Saturday claimed that Hemant Nimbalkar was trying to favour a private company. IPS officer Hemant Nimbalkar on Sunday said that the tender process in the multi-crore Bengaluru Safe City Project was not biased amid allegations of irregularities in the tender process. Karnataka Home Secretary D Roopa on Saturday had alleged that there were irregularities ...

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Two top police officers target each other over Safe City project

According to official sources, Ernst & Young (E&Y), a multinational professional services network, had bagged the Safe City project through an open tender one-and-a-half years ago. BENGALURU: The Rs 619 crore Bengaluru Safe City project under the Nirbhaya scheme has come under a cloud with two senior IPS officers seemingly indulging in shadow-boxing. Hemant Nimbalkar, Additional Commissioner (Administration), wrote to ...

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