Agreements

REC Signs 200M Euro Loan With German Bank KfW For Distribution Sector Reforms

  REC Limited, a prominent Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, achieved a significant milestone by signing a 200 million Euro loan agreement with the German bank KfW. This agreement, marking REC's sixth line of...

ACKO And PhonePe Collaborate To Make Insurance Accessible To Millions

  ACKO General Insurance and PhonePe have joined forces to revolutionize the landscape of insurance accessibility in India. This strategic collaboration aims to provide users with a comprehensive range of car and bike insurance products directly through the PhonePe platform....

Ujjivan SFB partners with Water.org To Offer Water, Sanitation And Hygiene Loans

  Ujjivan Small Finance Bank (Ujjivan SFB) has recently unveiled a strategic partnership with Water.org, a renowned global non-profit organization dedicated to providing access to safe water and sanitation through affordable financing solutions. This collaboration holds significant promise for addressing...

RBI and Bank Of England Ink MoU For Exchange Of Information

  The Reserve Bank of India (RBI) and the Bank of England (BoE) took a significant step towards fostering international financial cooperation by signing a Memorandum of Understanding (MoU) on Friday. The focus of this MoU is on collaboration and...

India and EU ink Semiconductor Agreement To Boost Supply Chain

  India and the European Union (EU) marked a significant milestone on Friday by signing a Memorandum of Understanding (MoU) on semiconductors. This collaborative effort aims to establish a robust supply chain, promote innovation, and align both regions with global...

Commerce Ministry Partners With e-commerce Firms To Boost District-Based Exports

  In a significant move aimed at empowering micro, small, and medium enterprises (MSMEs) and boosting e-commerce exports from the country, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, has initiated collaborations with...

India and US Strengthen Innovation Ties with Landmark Pact

India and the United States have taken a significant step to boost collaboration among startups and promote innovation through a memorandum of understanding (MoU) signed on November 14 in San Francisco. This partnership, established under the framework of the India-US...

India And ADB Ink $400 Million Deal For Urban Infrastructure Development

  India has taken a significant step towards the development of high-quality urban infrastructure with the signing of a $400 million policy-based loan agreement with the Asian Development Bank (ADB). The agreement, aimed at improving service delivery and promoting efficient...

APEDA Partners With Lulu Hypermarket To Boost Indian Agri-Product Exports

  The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce, Government of India, has inked a Memorandum of Understanding (MoU) with the renowned global retail giant, Lulu Hypermarket LLC. The MoU, which centers on...

Nokia Partners with TATA Play Fiber to Launch India’s First WiFi6-Ready Broadband Network

Nokia, a prominent technology leader, has marked a major advancement in the Indian broadband sector through its partnership with TATA Play Fiber to unveil India’s first WiFi6-ready broadband network. This initiative addresses the growing need for robust broadband connections, which...