Over 1,12,962 Companies Registered in FY 2024-25: Government Initiatives Fueling Growth

Companies

Registration figures more than 1,12,962 companies in FY2024-25 registered upto Nov 30,2024, indicates in a positive development, how well the economy of the nation is expanding. Increase company registration is a tremendous success, reflecting the well and sustained efforts of the government in making the economy conducive for businesses. All of these strategic initiatives brought to the process of making …

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Akasa Air Raises Significant Funds: Premji-Ranjan Pai Consortium Acquires Stake

Akasa AIr

Emerging low-cost carrier Akasa Air plans to raise about $130-140 million from a family-office led consortium headed by two of India’s best known entrepreneurs, Premji Invest founded by Wipro scion Azim Premji, and Claypond Capital headed by Manipal Group founder Ranjan Pai. The family of late billionaire investor Rakesh Jhunjhunwala is reinvesting to restate their commitment to Akasa’s growth, as …

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Gati Shakti: Revolutionizing Infrastructure Development in India

PM Gati Shakti

The infra landscape of India is fundamentally changing, and the heart of it is the Gati Shakti Scheme. Conceived by the government and introduced as an initiative, it has literally rewritten the template for developing, executing, and delivering projects altogether. Here is how, according to Union Minister of Communications Jyotiraditya Scindia, Gati Shakti has changed the pace of infrastructure growth, …

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India requires an investment of $2.2 trillion in infrastructure to become a $7 trillion economy by 2030

India

Indian aspirational vision of $7-trillion economy by 2030 would require major and gigantic investments in infrastructure advancement. India must take at least $2.2-trn infusion during the next decade in such vital infrastructures to become realists, says the most current Indian Infrastructure report from Knight Frank India, “India Infrastructure: Reviving Private Investments”. This report shows that the growth of India’s economy …

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Amaravati Receives $788.8 Million Loan from ADB for Sustainable Growth

Amaravati

The Asian Development Bank (ADB) has recently authorized a large loan to help in the development of the proposed green and smart capital city of Andhra Pradesh-the Amaravati. It agreed to provide a total $788.8 million or about ¥121.97 billion, meant to be used to bring better infrastructure to the city under sustainable and climate-resilient guidelines. The project supports the …

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