In an attempt to fast-track resolution of investment cases of Dutch companies operating in India, the Department for Promotion of Industry and Internal Trade (DPIIT) and The Kingdom of The Netherlands have signed a bilateral Fast-Track Mechanism (FTM) between the two countries.
Tata Steel has signed a Memorandum of Understanding (MoU) with BHP, a leading global resources company, with the intention to jointly study and explore low carbon iron and steelmaking technology. Under the partnership, Tata Steel and BHP intend to collaborate on ways