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.
Tata Power has signed an MoU with the Tamil Nadu Government to invest about Rs 3,000 crore for setting up a greenfield 4GW Solar Cell and 4GW Solar Module manufacturing plant in Tirunelveli District of Tamil Nadu.
The Supreme Court accepts Banthia Commission report paving way for reservation for OBCs in Local Body Elections in Maharashtra. The Supreme Court has accepted the report of the Banthia Commission and directed the Maharashtra State Election Commission to hold elections as per the report.
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