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Monthly Archives: September 2015

Indian Navy to commission three immediate support vessels


In keeping with the Prime Minister’s call to ‘Make in India’, 14 of the ISVs were built indigenously by M/s SHM Shipcare, Thane while four were built by M/s ADSB and five by M/s Rodman Polyships. They are the last three of 23 Immediate Support Vessels and were commissioned into Indian Navy as T-48, T-49 and T-50. Vice Adm SPS ...

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INS Kochi, the largest India-made warship, commissioned


Destroyer warships are the second-most powerful vessels after aircraft carriers. The 7500 tonne ship was been built at the Mazagaon Dock Limited(MDL), Mumbai and is the largest warship to be built in India. INS Kochi, packed with weapons and sensors as well as advanced stealth features. INS Kochi is the second of the Kolkata class destroyers, the third in the ...

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Russia, India ponder co-development of new generation Infantry Fighting Vehicle


Russia and India are considering co-development of a new generation infantry fighting vehicle (IFV) at an Indian enterprise, said Albert Bakov, first vice president and co-owner of the Tractor Plants Concern. Russian Defense Ministry may additionally fund development of BMP-3 Dragoon IFV. The newly developed version also differs from the baseline BMP-3 in that its powerplant is located in front ...

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India, US, Japan to collaborate on maritime security


India, US and Japan have agreed to work together to maintain maritime security through greater collaboration. US Secretary of State John Kerry hosted the dialogue with Indian External Affairs Minister Sushma Swaraj and Japanese Foreign Minister Fumio Kishida, highlighted their shared support for peace, democracy, prosperity, and a rules-based international order. They reiterated their support for ASEAN centrality in the ...

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India rank 55th on a global index


India secured 55th rank on global index of the world’s most competitive economies World Economic Forum (WEF) said, India ranks better in investor protection, gross national savings, and quality of education system, venture capital availability, hiring and firing practices, GDP and domestic market size, public trust in politicians and burden of government regulation and needs improvement in areas like corruption, ...

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Registration of Business- Private and Public


Registration rules vary for businesses depending on the nature of the company. According to New Companies Act of 2013, an entrepreneur can form two types of companies i.e. Private Company and Public Company. Guidelines for Pvt. Ltd company- Minimum two shareholders are necessary Two directors required The Company’s Act restricts the membership of any private company to 50 excluding past ...

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Registering a business- in case of Sole Proprietorship and/or Partnership firms


Other than Private and Public Companies, there are Sole Proprietorship and Partnership firms as well.  Procedure to register a Sole Proprietorship firm: For Sole Proprietorship, there is no mandated rule as such but the owner may be required to attain a license specific to the mode of business from local administration. Procedure to register a Partnership firm: The registration of ...

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Broadband Highways: Challenges and Opportunities


Digital India’s success depends upon the successful implementation of its first program among its nine program – Broadband Highways. This is a challenge for the government but an opportunity for business and start-ups, and a much needed empowering tool for the common people. It has three sub-parts: 1. Broadband for All – Rural  India’s 2, 50,000 villages will be connected ...

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India trumps China, US in wooing FDI during H1 FY16


With $31 billion of foreign capital inflows, India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015, said a report published in Financial Times, London. The report said that in 2014 India ranked fifth in terms of capital investment, after China, the US, the UK and Mexico. In ...

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Linking Swachchata Abhiyan to Rural Job Scheme


The Public Accounts Committee headed by K V Thomas suggested to link Swachchata Abhiyan programme to flagship rural job scheme MGNREGA. Panel said that Prime Minister Narendra Modi’s sanitation scheme will give the sanitation campaign a push and will also address its fund-related problems The panel also suggested that the works done by MGNRGA should be evaluated through an independent ...

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