Will the FPO fund infusion solve Vodafone Idea’s problems?

Will a capital infusion of Rs 45,000 crore be enough for Vodafone Idea? Will the capital investment plan help in the turnaround of the company? Should existing and new investors invest in FPO? Watch this video to know-

There is a need for the cooperatives to work like corporates, and hence, "we need to have a legislation like the Companies Act to get the best out of the sector", he said.

Nitin Gadkari on July 15 said the government plans to shift public transport and logistics to clean energy sources.
Speaking at a CII event, he also said India is already on track to reach its goal of 175 GW of installed renewable capacity by 2022.

He said India is rapidly developing alternative mobility solutions like ropeway, cable car, funicular rail, among others.

Gadkari said his ministry is working to create opportunities for alternative clean and green transport fuels like electricity, bio-CNG, LNG, biodiesel, ethanol and methanol.

“We have abundant solar energy. solar-generated electricity charges are very low and ensure a zero-carbon emission cycle in electric vehicle (EV) ecosystem,” he said.

Gadkari said the government is investing heavily for infrastructure development through National Infrastructure Pipeline (NIP).

The minister said to reduce congestion on corridors and enhance logistic efficiency, 35 locations have been identified for the development of Multimodal Logistics Parks.

Published: July 15, 2021, 21:53 IST
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