Investment

Tech Mahindra and i1too, a digital disruptor in London, have formed strategic partnership to launch a next generation software development platform aimed at accelerating innovation, automation and digitalization across a broad spectrum of industries globally with no-code application platform WEM.

S&P Global Ratings has affirmed its 'BBB-' long-term issuer credit ratings on Indian Railway Finance Corp (IRFC). The outlook on the rating is stable. It has also affirmed 'BBB-' long-term issue rating on the company's senior unsecured notes.

Tata Communications has unveiled a new, state-of-the-art Cyber Security Response Centre (CSRC) in Chennai, showcasing “Managed Security Services”.

PerkinElmer Inc has collaborated with Institute of Chemical Technology (ICT) to open "explorerTM G3 Project," an advanced high-throughput screening facility at DBT-ICT Centre for Energy Biosciences in Mumbai.

Morristown, New Jersey-based Alef Mobitech has opened Customer Experience Centers (CECs) in Mumbai, New Jersey and Sao Paulo to enable enterprise leaders and others to explore a new world of possibilities in mobile edge computing solutions.

Ducon Infratechnologies Limited has been actively submitting new proposals for Flue Gas Desulfurization (FGD) systems for power plants and industrial boilers in India.

In continuation of the disinvestment policy of the Government, the Cabinet Committee on Economic Affairs has approved further disinvestment of Indian Tourism Development Corp Ltd's (ITDC) properties by transferring incomplete projects to Jammu & Kashmir and Bihar state Governments.

The Cabinet Committee on Economic Affairs has approved a new Broad Gauge Electrified Line of 294.53-km route from Katghora to Dongargarh.

The Cabinet Committee on Economic Affairs has approved the construction of New Domestic Terminal Building and other allied structures at Patna airport at an estimated cost of Rs.1,216.90 crore.

The intra-BIMSTEC trade has the potential to grow to US$240 billion from the current estimated US$40 billion once a Free Trade Agreement is implemented, M. Shahidul Islam, Secretary-General of the seven-member country group, citing estimates by think-tank groups.