Economy

CFCL, TERI in pact for ‘Centre of Excellence for Advanced and Sustainable Agriculture Solutions’

Chambal Fertilisers and Chemicals Ltd (CFCL) and The Energy and Resources Institute (TERI) have signed an agreement to establish the ‘CFCL-TERI Centre of Excellence for Advanced and Sustainable Agriculture Solutions’. A media statement said the joint initiative of CFCL and TERI aims to address the challenges in the Indian agriculture sector such as stagnating agricultural […]

Economy

Dhanuka in pact with Bayer to acquire two active ingredients

Agri input maker Dhanuka Agritech has signed an agreement to acquire the international rights to active ingredients Iprovalicarband Triadimenol, invented by Bayer AG. Iprovalicarbis a fungicide from the carboxylic acid amines class, used for disease management caused by oomycetes species in horticulture crops. Triadimenol is used in seed treatment for cereals and cotton as a […]

Economy

SLCM in pact with Bank of Baroda to help farmers access credit against crops

Sohan Lal Commodity Management (SLCM), a post-harvest logistics and agri-solutions company, has partnered with Bank of Baroda to help farmers and the agriculture fraternity working with SLCM get credit against their crops. A media statement said SLCM said it will offer enhanced access to post-harvest credit at competitive rates through this partnership, while also providing […]

Economy

Russia committed on signing free trade pact between India and EAEU, says Manturov

Russia is committed to signing the free-trade agreement between India and the Russian-led Eurasian Economic Union as well as the bilateral agreement on services and investments, Russia’s First Deputy Prime Minister Denis Manturov said on Tuesday. External Affairs Minister S Jaishankar and Manturov, who co-chaired the India-Russia Inter-governmental Commission on Trade, Economic, Scientific, Technological and […]

GST leviable on AAI-Adani concessionaire pact for Thiruvananthapuram airport: Kerala AAR, ETCFO

The concessionaire agreement between the AAI and Adani Thiruvananthapuram International Airport Ltd is not a ‘transfer of business’, but supply of services and hence is liable to GST, the Kerala-bench of the GST Authority for Advance Ruling (AAR) has said. The Kerala AAR ruling is contrary to the rulings passed by the Rajasthan and Gujarat […]

Economy

GST leviable on AAI-Adani concessionaire pact for Thiruvananthapuram airport: Kerala AAR

The concessionaire agreement between the AAI and Adani Thiruvananthapuram International Airport Ltd is not a ‘transfer of business’, but supply of services and hence is liable to GST, the Kerala-bench of the GST Authority for Advance Ruling (AAR) has said. The Kerala AAR ruling is contrary to the rulings passed by the Rajasthan and Gujarat […]

Economy

Cyient DLM signs pact with Honeywell Aerospace Technologies

Cyient DLM, an integrated partner for design-led manufacturing, has announced its partnership with Honeywell Aerospace Technologies for the micro vapour cycle system (Micro VCS). The company signed a 16-year programme forecast to develop liquid cooling loops that will be used in select applications of Micro VCS.  Micro VCS is poised to redefine cabin temperature control. Crafted […]

Economy

Swiss companies set sights on India as $100 billion trade pact promises more opportunities

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in Europe eager to balance the costs […]