Investment

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.

Commerce and Industry Minister Piyush Goyal has told the US-India Strategic Partnership Forum (USISPF) that Indo-US relationship is at their “best ever” now and trade relations between the two countries have a huge potential which is yet to be tapped.

Petroleum and Natural Gas Minister Dharmendra Pradhan has invited investing Companies to bring technology, capital and good business models to India.