يحاول ذهب - حر
DISCREPANCIES IN TECHNICAL BIDS - Govt likely to give two weeks to ACC PLI applicants
June 08, 2024
|Business Standard
The central government is planning to give a two-week window to the applicants of the 10 GWh tranche of the Advanced Chemistry Cell (ACC) Production Linked Incentive (PLI) scheme to submit all the necessary documents, Business Standard has learnt.
This decision follows the discovery of discrepancies by the Ministry of Heavy Industries (MHI) in the technical bids submitted by several participants.
In some technical bids, these applicants have either not provided details of their valuation or other essential projectrelated information.
"We are planning to give two weeks' time to submit all necessary documents to all applicants," an official aware of the development said, adding that if the applicants fail to furnish the required documents, they will be disqualified. The discrepancy in the bids has caused the government to miss its target of completing the bidding process within a month of declaring the technical bidders.
هذه القصة من طبعة June 08, 2024 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business Standard
Business Standard
Divisions in Federal Reserve underscore challenge for Trump’s next chair
US President Donald Trump wants significantly lower borrowing costs and has been clear that he expects his pick to replace Jerome H Powell as chair of the Federal Reserve to follow through.
2 mins
December 12, 2025
Business Standard
₹ hits new low on outflows, delay in US trade deal
The rupee hit a fresh closing low of 90.37 per dollar on Thursday, pressured by foreign outflows from both bonds and equities. Uncertainty around the trade deal with the US also weighed on sentiment.
2 mins
December 12, 2025
Business Standard
Pension parking lot expanded to gold, AIFs, Invits
Unlocking the flow of annual retirement savings worth about ₹1 trillion into a wider range of assets Unlocking the flow of annual retirement savings worth about ₹1 trillion into a wider range of assets, including alternative investment funds (AIFs), equities, gold and silver exchange traded funds (ETFs), infrastructure investment trusts (Invits) and Basel-III tier-I bonds issued by state-owned shadow banks, the Pension Fund Regulatory and Development Authority (PFRDA) has significantly liberalised its investment guidelines for the National Pension System (NPS).
3 mins
December 12, 2025
Business Standard
Mexico slaps up to 50% tariff on imports from India, China
Engg goods account for 61% of India's $5.75 bn exports to North American nation
2 mins
December 12, 2025
Business Standard
Insurance firms still negotiating with distributors on commission revisions
Life insurers have formed committee to discuss the capping of distributor commission
2 mins
December 12, 2025
Business Standard
IndiGo to offer ₹10,000 travel vouchers to impacted Dec 3-5 flyers
India's largest airline, IndiGo, hit by major operational disruption last week, on Thursday said it would offer travel vouchers worth ₹10,000 to passengers who were stranded for several hours at some airports between December 3 and December 5.
2 mins
December 12, 2025
Business Standard
AI firms may need to pay global revenue share to content creators
The government is likely to propose that companies using data from Indian content creators to train their artificial intelligence (AI) systems and large language models (LLMs) share a portion of their global revenues as royalties once these services are commercialised, a senior government official has said.
2 mins
December 12, 2025
Business Standard
AI-driven growth of TCS makes its M&A strategy more aggressive
Even as Tata Consultancy Services (TCS) on Wednesday announced one of its largest ever acquisitions, the market reaction remained subdued.
2 mins
December 12, 2025
Business Standard
State to table 2nd edition of Jan Vishwas Bill
‘The Chhattisgarh government will bring out the second edition of the Jan Vishwas Act, which decriminalises minor offences by replacing prison terms with fines to facilitate investment and a business-friendly atmosphere.
1 min
December 12, 2025
Business Standard
Risk factor
Railways too must carefully assess duty hours
2 mins
December 12, 2025
Listen
Translate
Change font size