The Cabinet Committee on Economic Affairs (CCEA) has approved Taranga Hill-Ambaji-Abu Road new rail line in Gujarat and Rajasthan to provide connectivity and improve mobility.
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
Bharti Airtel Ltd. has acquired about a 7% stake in Cnergee Technologies, a cloud-based networking solutions provider, under the Airtel Startup Accelerator Program.
Russian State Atomic Energy Corporation Rosatom has supplied the first batch of upgraded nuclear fuel to India for two functioning units of the Tamil Nadu-based Kudankulam nuclear power plant.