Investment

Japan’s Rakuten Mobile Network Inc and Tech Mahindra are building next generation (4G & 5G) software defined network laboratories in Tokyo and Bengaluru.

India’s food retail market is expected to touch US$827 billion by 2023, up from US$487 billion in 2017, growing at a compound annual growth rate (CAGR) of 9.23%, with recent reforms making the sector more competitive and market oriented.

Employees will be offered 99 lakh shares at Rs.252.7 per share of Coal India Ltd which is expected to fetch Rs.250 crore as the government divest its stake.

The Reserve Bank of India (RBI) has cancelled registration of 31 non-banking finance companies (NBFC) operating in a financial-strapped sector.

Three sewage infrastructure projects, costing Rs.425.41 crore, has been completed in Varanasi, a release from the Public Information Bureau said on 8 Nov 2018. 

Inland Waterways Authority of India (IWAI), the project Implementing Agency, has completed the first of the three Multi Modal Terminals (MMTs) as a more environment-friendly transport for cargo movement.

The Union Cabinet has approved the filling of Padur Strategic Petroleum Reserves (SPR) at Padur in Karnataka state by overseas National Oil Companies (NOCs).

The Cabinet Committee on Economic Affairs has given ‘in principle’ approval for strategic disinvestment of 100% Government of India's shares in Dredging Corporation of India Ltd (DCIL) to consortium of four ports namely, Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar...

The Union Cabinet has approved leasing out of six airports, Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru, under Public Private Partnership (PPP) model of development.

L&T Technology Services has been rated as a Leader in 6 market categories across 3 industries for the German market in the inaugural edition of Provider Lens™ survey by Information Services Group (ISG).