Investment

Foreign Secretary discussed innovative security and defence tech with the Indian government Foreign Secretary Liz Truss has forged stronger UK security and defence links with India on her trip to the country, and visited on 23 Oct 2021 HMS Queen...

Ministry expects 42m tonnes of Specialty Steel production by 2026-27 The Cabinet has approved Production-Linked Incentive Scheme for Specialty Steel which will boost exports to about 5.5 million tonnes a year and earn foreign exchange of Rs.33,000 crore. Current Specialty...

Soland works to improve operating model to align with Net Zero carbon commitment Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) through its Boundaryless Enterprise solutions will facilitate London-headquartered National Grid’s continued digital transformation, integration of its managed services and...

Truss-Jaishankar to announce Strategic Futures Forum Foreign Secretary Liz Truss has announced GBP561.9 million investments as part of a series of tech and infrastructure tie-ups in India to boost both economies and help developing countries grow in a clean and...

Patel says Rs.12,000 crore scheme in the works for installation of data centres Hyperscale datacentre scheme is likely to attract Rs.3 lakh crore investment in the next 5 years, given that, with an average of 14.6 GB per month, India...

German ZF Group-Pune's KPIT to develop solution for mobility ecosystem The next generation of vehicles that come into the market will feature electric drives, a high degree of automated functions as well as connectivity, and they will be software-defined, says...

Focus on Decarbonization, Digitilization and Decentralization, says Tongia There are new demand areas opening up for Indian Electrical industry with energy transition, shift to renewable energy and emphasis on green hydrogen, focused investment in urban infrastructure be it Metro, EVs,...

Chandrasekhar highlights three-pronged approach to promote use of technology The Government expects to form partnerships with the Private Sector in areas not just limited to soliciting business, business development or advocacy, but even in areas of future technology development or...

Modi updates energy leaders on Indian projects Prime Minister Narendra Modi interacted with the CEOs and experts of the global oil and gas sector earlier on 20 Oct 2021 via video conferencing, inviting them to participate in energy sector, saying...

REC enters interest rate swap referencing and hedges interest rate risk on facility In a first for any NBFC in India, REC Limited has successfully raised a US$75 million, 5-year Secured Overnight Financing Rate (SOFR) linked Syndicated Term Loan with...