NBCC to execute housing projects worth Rs.130 crore in Mauritius
The Dollar Business Bureau State-run construction company NBCC Ltd will execute housing projects worth Rs.130 crore in Mauritius. NBCC (India) Ltd, which is managed by the Ministry of Urban Development, will build 700 duplex-type homes with 50 square metre net floor area in one-and-a-half year time in Mare Tabac and Dagotiere of Mauritius. In this regard, a Memorandum of Understanding (MoU) was signed on Monday in the presence of M Venkaiah Naidu, India’s Urban Development Minister, and Showkutally Soodhun, Vice Prime Minister and Minister of Housing and Lands of Mauritius. Earlier in March, NBCC had signed an agreement for constructing a new building for Supreme Court in Port Louis at an investment of Rs.220 crore in 2 years. The Government of India has sanctioned $353 million as ...
Strong Sino-Indian ties good for Singapore S R Nathan
The Dollar Business Bureau “If that is apparently the new trend indeed and it turns out to be real and is sustainable, it should augur well for improved Sino-Indian relations, as Singapore have an interest in the well-being of India and China,” wrote Nathan in his latest book ‘S R Nathan in Conversation’, launched by Singapore Foreign and Law Minister K Shanmugam at the Singapore Management University on Monday night. Elaborating on the changing trend in Sino-Indian ties, Nathan (90) noted that the President of China Xi Jinping’s visit to New Delhi and his offer of investment in infrastructure development in India is also a welcome move for the region. Giving his observation on the two of the fastest growing economies, Nathan ...
