memorandum of understanding (MoUs)

Indian Govt Signs MoUs With 27 Companies Under PLI Schemes For Specialty Steel

March 18, 2023 admin

Union Minister of Steel and Civil Aviation Jyotiraditya Scindia says that the PLI scheme is expected to generate an investment of about Rs 30,000 crore and additional capacity creation of about 25 Million Tonne of specialty steel in the next 5 years The Ministry of Steel on Friday announced it has signed 57 MoUs’ with 27 companies for specialty steel under the Production Linked Incentive (PLI) Scheme. An event to exchange of MoUs’ with companies was organised by the Ministry of Steel on Friday at Vigyan Bhawan, New Delhi. The…

ONDC, JKTPO Sign MOU To Strengthen Digital Commerce In J&K

August 25, 2022 admin

The collaboration is targeted towards accelerating eCommerce in the state by focusing on start-ups, Logistics, E-Commerce, and MSMEs ONDC and Jammu and Kashmir Trade Promotion Organization (JKTPO) have signed a Memorandum of Understanding (MOU) today to further expand the partnership and accelerate eCommerce adoption in the state. This association will strengthen joint advocacy and support efforts to accelerate the onboarding of sellers or seller service providers from among MSMEs, E-Commerce Companies, Artisans, FPOs, and Logistics companies to the ONDC network. JKTPO, a Government of India undertaking, is set up as…

Altair India Signs MoU With Aeronautical Society of India

July 18, 2022 admin

Altair India has signed an MoU with Aeronautical Society of India – Bangalore branch and their special interest group Aero Innovation & Skill Centre (AISC) as Mentors & Jury for Altair India Start-up Challenge (ASC) 2022. ASC 2022 is focused on Start-Ups in the Aerospace and Defence field and especially in the UAV segment. “I congratulate the Aeronautical Society of India, Bangalore Branch (AeSI) on launching a special interest group, Aero Innovation and Skill Centre (AISC). I am sure this initiative will help bridge the skill gap between the Industry…

Flipkart Signs MoU With Telangana SERP To Enable Market Access For FPOS And SHGs

June 26, 2022 admin

Flipkart has signed a Memorandum of Understanding (MoU) with the Society for Elimination of Rural Poverty (SERP), Department of Rural Development, Government of Telangana, to enable market access for farmer-producer organisations (FPOs) and self-help groups (SHGs) in Telangana. The MoU was inked by Sandeep Kumar Sultania, Principal Secretary, Panchayat Raj & Rural Development, Telangana and Smrithi Ravichandran, Vice President and Head of Grocery, Flipkart. Through this partnership, Flipkart aims to empower local farming communities and SHGs of Telangana by providing pan-India market access to more than 400 million customers on…

IFFCO Seeks Permission To Export Nano Urea From Kalol Plant

August 6, 2021 admin

Cooperative major IFFCO, which has developed nano-urea, has sought permission from the Department of Fertilisers for the export of this nutrient in liquid form from its facility at Kalol in Gujarat, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Chemicals & Fertilisers Minister Mansukh Mandaviya said the nano-fertiliser holds great promise for application in plant nourishment because of the size-dependent qualities, high surface-volume ratio, and unique properties. Nano-fertilisers releases plant nutrients in a controlled manner contributing to higher nutrient use efficiency, he added. ‘IFFCO has…

Bharat Biotech Scraps Mou With Brazilian Partners After Graft Allegations

July 24, 2021 admin

Bharat Biotech on Friday said it terminated the Memorandum of Understanding entered with Precisa Medicamentos and Envixia Pharmaceuticals LL.C for its COVID-19 vaccine Covaxin for the Brazilian market. The termination of the MoU came after the deal with the Brazilian government for supply of 20 million doses of the vaccine landed in controversy and attracted investigation by authorities in that country. Precisa Medicamentos is Bharat Biotech’s partner in Brazil, providing assistance, guidance and support with regulatory submissions, licensure, distribution, insurance and conduct of phase III clinical trials, among others. “The…

Essar Signs MoU With IIT Dhanbad (ISM) For R&D In CBM Gas Exploration

February 18, 2021 admin

Essar Oil and Gas Exploration and Production Ltd (EOGEPL), India’s leading Coal Bed Methane (CBM) gas producer, today said it has signed a Memorandum of Understanding for collaboration with the prestigious IIT (Indian School of Mines), Dhanbad, to jointly work on research and development of various advanced CBM technological innovations indigenously. EOGEPL, an investee company of Essar Global Fund Limited (EGFL), is one of India’s largest operator of unconventional hydrocarbon acreages. EGFL’s investments in EOGEPL are a part of its portfolio of Essar Capital’s upstream business, which is increasingly focused…