Investment

The Cabinet has approved administrative arrangement on Cooperation in the field of Railways between the India’s Ministry of Railways and the Directorate General for Mobility and Transport of the European Commission to strengthen future technical exchanges and cooperation.

The Cabinet has approved on 23 Oct 2019 the proposal for Agreement on Science and Technology Cooperation between India and the United States.

The Cabinet has approved the proposal for revival of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) by infusing Rs.29,937 crore.

There is a rising risk of contagion in the Indian financial sector, said S&P Global Ratings in a cautious noted, adding that markets reflect this fragility.

Smart city and industrial corridor developments will drive growth in India’s captive power generation market by 15,076.23 MW during 2019-2023, progressing at a CAGR of over 5%, according to the latest #marketresearch report by Technavio.

The government will continue with privatisation in the aviation sector and more airports will be privatised soon, informed Usha Padhee, Joint Secretary, Ministry of Civil Aviation.

Derby-based global exporter, PW Defence Ltd, is definitely studying the Indian market and seeking opportunity to supply its component parts to manufacturers under the ‘Make in India’ programme.

North Carolina-headquartered Red Hat, Inc., said Vodafone Idea Limited (VIL) is leveraging Red Hat OpenStack Platform, Red Hat Ceph Storage, Red Hat Ansible Automation Platform and Red Hat Enterprise Linux to transform its distributed network data centers to open standards,...

J.P. Morgan has announced a US$25 million, five-year, commitment to help low- and middle-income communities in India develop the skills needed by the country’s workforce in the future.

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has approved Capital Procurement for the Defence forces amounting over Rs.3,300 crores of indigenously designed and developed equipment.