The Kerala government is getting ready to implement a 'revolving fund scheme' in the state tourism sector with an aim to revive the industry which had been shattered due to the outbreak of COVID-19. Tourism Minister P A Mohammed Riyas told the state Assembly that the proposed scheme envisaged to provide interest-free loans is aimed to support those employed in the industry who are facing challenges due to the pandemic spread.

Niti Aayog Vice Chairman Rajiv Kumar on Tuesday said a healthy and efficient distribution sector is essential for improving the ease of doing business, and for improving ease of life. Releasing a report titled 'Turning Around the Power Distribution Sector', Kumar said the report examines many important reforms such as the role of the private sector in distribution, power procurement, regulatory oversight, integration of renewable energy, and upgradation of infrastructure.

Home interiors company HomeLane on Monday said it has entered into a three-year strategic partnership with ace cricketer, Mahendra Singh Dhoni, as an equity partner and brand ambassador. As part of the partnership, Dhoni will own equity in HomeLane and will be its first brand ambassador, a statement said. Details of Dhoni's investment were, however, not disclosed.

Ambuja Cements, part of Swiss building material major Holcim group (Earlier LafargeHolcim) on Monday said it will invest Rs 310 crore to expand the production capacity of its plant at Ropar, Punjab, over the next two years. The expansion at the Ropar plant is expected to be completed by June 2023 and after this total capacity of the cement grinding unit at Ropar will increase to 4.5 MTPA from 3 MTPA now, it added.