The ministry of power is looking at creating a separate electricity distribution channel for industries, as part of the Centre’s ‘Make In India’ push and bid to provide incentives to companies.
Forget economy, bond market is happy with liquidity infusion by RBI
The bond market seems to be no longer taking cues from the economy but is happy with the daily dose of liquidity infusion by the Reserve Bank of India (RBI).
After commercial auction success, govt plans further mining reforms
Govt to decriminalise provisions of LLP Act in upcoming Winter Session
After running commercial coal mining auctions, the Union government is now going to come up with a comprehensive package of reforms in the non-coal mining sector.
After amending the Companies Act, the Ministry of Corporate Affairs is now looking to decriminalise provisions of the Limited Liability Partnership (LLP) Act in the upcoming Winter Session of Parliament. One of the changes being proposed is allowing LLPs to issue non-convertible debentures (NCDs).
Hit by Covid slump, Mumbai airport seeks moratorium till March 2022
Mumbai International Airport (MIAL), which has been hit by a slump owing to the pandemic, has sought extension in the payment holiday on loans till the end of March 2022, as part of the debt restructuring package.