Investment

Tata Communications said NetFoundry™, a software and business developed as part of Tata Communications’ Shape the Future innovation and entrepreneurship programme, has become an independent subsidiary within the Group.

The state-owned companies have been asked to submit their spending plans for the next four quarters, while ensuring that all overdue payments to vendors and contractors are cleared on 15 October 2019.

Saudi Arabia sees India as a potential high growth market and is looking to invest US$100 billion in petrochemicals, infrastructure and mining among others, considering the country’s growth potential.

The Government is making concerted efforts to modernise the Navy and equip it with the best platforms, weapons and sensors to deal with any conventional and unconventional threats to India’s maritime interests, said Defence Minister Rajnath Singh.

Government is deeply conscious of the requirements of the Armed Forces and remains committed in providing requisite focus and financial support for its modernisation, Defence Minister Rajnath Singh has assured.

The debate about Andhra Pradesh’s proposed capital city Amravati and its eventual fate continues, and the situation remains fluid.

RailTel Corporation of India Ltd achieved a turnover of Rs.1,017 crore and posted a Profit before Tax amounting to Rs. 179 crore and net profit of Rs.110 crore during 2018-19 on standalone basis.

Approval for Aramco being supplier to India   Ministry of Corporate Affairs’ Competition Commission of India has approved the acquisition of 70% shareholding in Saudi Basic Industries Corporation (SABIC) by Saudi Arabian Oil Company (Saudi Aramco), which supplies crude oil,...

Eros International Plc has entered into definitive agreements with an institutional investor in connection with a registered direct offering of US$27.5 million aggregate principal amount of senior convertible notes due 2020 for gross proceeds of $25 million, before deducting estimated...

Technology is needed for production, preservation and marketing of products, said Minister of State for Micro, Small and Medium Enterprises Pratap Chandra Saarangi.