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PM Modi unveils development projects in Bihar's Jamui
Jabil partners with Gujarat Government for Rs 1,000 crore investment in Dholera
US-based electronics manufacturer Jabil has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up an electronics manufacturing services (EMS) facility in the Dholera Special Investment Region (DSIR). The MoU, valued at Rs 1,000 crore, was signed on November 14, 2024, in the presence of Gujarat Chief Minister Bhupendra Patel. The state-of-the-art manufacturing unit will focus on sectors including networking, automotive, and capital goods, and is expected to begin operations by 2027, creating around 5,000 jobs. Jabil, with over 100 global locations, will leverage its ..
India signs MoU with IEA for Enhanced Cooperation on critical minerals
On November 14, 2024, India’s Ministry of Mines signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation in the critical minerals sector. The MoU, aimed at boosting data sharing, analysis, and policy recommendations, is designed to improve India's decision-making and resource management in this vital area. The agreement was signed by V. L. Kantha Rao, Secretary of the Ministry of Mines, and Dr. Fatih Birol, Executive Director of the IEA, in the presence of Union Minister G. Kishan Reddy. The collaboration will focus on capacity building..
Delhi HC upholds order for GAIL to pay $7.2 million to Jindal Saw
The Delhi High Court has upheld a 2002 arbitral award directing GAIL (India) to pay $7.2 million, along with interest, to Jindal Saw Ltd (formerly Saw Pipes Ltd) in a dispute concerning a global tender for the upgradation of the gas pipeline system. The court's Division Bench, comprising Justices Vibhu Bakhru and Sachin Datta, reaffirmed the arbitral tribunal’s decision that GAIL was responsible for delays in the delivery and should honor the agreed contract amount without deductions. The original dispute arose after Saw Pipes failed to meet the delivery deadlines due to delays by GAIL, exac..
