Projects

L&T's Scandinavian partnership OKQ8 station. #L&T Infotech or LTI (NSE: LTI, BSE: 540005) has signed a multi-year strategic partnership with #OKQ8 Scandinavia, one of Scandinavia’s largest energy companies. As part of the deal, LTI will provide Application Development & Maintenance...

Improved prices to boost expansion ONGC facility. Indian oil and gas companies are likely use their improved cash flows from market-linked fuel prices to expand their asset base and enhance operational quality. That's according to report, titled "Can India's Oil...

Posco gives up on Odisha steel plant The CEO POSCO, Kwon Oh-Joon calling on the Prime Minister, Narendra Modi, in New Delhi on 20 January 2015. South Korea’s #Posco has virtually ended its project to build a steel complex in...

Smart grid growth projected at US$32.2bn   Smart grid revenue in India is expected to grow to US$32.2 billion in 2026 from US$12.6 billion in 2017, according to a report on the industry. “Driven by the need to improve grid...

HAL signs Russian agreements T. Suvarna Raju and A.V. Artukhov signing an agreement. India has signed two agreements with Russia on 17 March 2017 for long-term support to the Su-30 MKI fleet of the #Indian Air Force (IAF). It is...

India-Russia infra fund Minister Sitharaman lighting the lamp at IESS 2017. India and Russia are setting up a US$1 billion fund to promote mutual investments in infrastructure and technology projects. #Russian Direct Investment Fund (RDIF) would provide US$500 million and...

Russia-India works on deeper defence ties Jaitley Manturov discuss defence ties. #Defence Minister Arun Jaitley has called on Russia to work for deeper bilateral engagement in defence production for manufacturing of parts and sub systems which are needed in large...

Airbus' Asian Training Centre in New Delhi P. Ashok Gajapathi Raju, Minister of Civil Aviation and Tom Enders, CEO, Airbus unveiling the Training Centre. #Airbus is setting up a greenfield training facility at Aerocity, New Delhi, to support India’s growing...

Ministers discuss Indian-Russian trade Russian Minister of Industry and Trade Denis Manturov meets Sitharaman, in Chennai on 16 March 2017. Indian and Russian ministers have discussed a host of bilateral issues including the  Bilateral Investment Treaty between the two countries...

50 economic corridors Economic and industrial corridors in the making. Fifty economic corridors with upgraded key feeder and inter corridor routes would improve overall efficiency of freight movement and make Indian products competitive. #Minister of Road Transport & Highways and...