Government has divested a part of its stake in ITC to Life Insurance Corporation of India; Government has received an amount of Rs. 6,682 crore from this transaction

Government through Specified Undertaking of the Unit Trust of India (SUUTI) has divested 2% shares of the total shares of ITC to LIC through block trade on 7th March, 2017. Government has received an amount of Rs. 6,682 crore from this transaction.
Government through Specified Undertaking of the Unit Trust of India (SUUTI) has divested




Science & Technology MinisterDr. Harsh Vardhansays that the Prime Minister has confidence in youth to give the country a great advantage

The Minister for Science & Technology Dr. Harsh Vardhan has said that the Prime Minister has a lot of confidence in the youth to give the country a great advantage now. Speaking after presenting the Meritorious Invention Awards of National Research Development Corporation(NRDC) in New Delhi today




Powergrid Commissions ±800kV HVDC Champa – Kurukshetra Pole-I

Trial operations of 1500MW, Pole-I of ±800kV HVDC Champa – Kurukshetra transmission System has been successfully completed and the Pole has been put to commercial operations, starting today.




Government approves nine (9) FDI proposals involving FDI of Rs. 659 crore

Based on the recommendations of the Foreign Investment Promotion Board (FIPB) in its 243rd Meeting held on 21st February 2017, the Government has approved nine (9) FDI proposals involving Foreign Direct Investment (FDI) of Rs. 659 crore, and recommended three proposals for the Cabinet Committee on Economic Affairs (CCEA) as per details enclosed.




Water level of 91 major reservoirs of the country goes down by Two per cent

The water storage available in 91 major reservoirs of the country for the week ending on March 23, 2017 was 54.962 BCM, which is 35% of total storage capacity of these reservoirs. This percentage was at 37 for the week ending on March 16, 2017. The level of March 23, 2017 was 132% of the storage of corresponding period of last year and 101% of storage of average of last ten years.