Projects

Rail projects approved Indian Railways' Begun-Kodar Station. The cabinet has approved nine projects, covering 1,937.38 km of rail lines and costing RS24,374.86 Crores across states on August 24, 2016. The projects are: Construction of 2nd railway line between New Bongaigaon...

Fast Edge deployed Reliance Communications (RCOM) and its subsidiary Global Cloud Xchange (GCX) have announced the deployment of Fast Edge, the country’s first “Make in India” Content Delivery Network (CDN), designed to take “Digital India” from promise to fruition. “India’s...

Adapting German skill India and Germany are collaborating in skill development under an agreement signed by Skill Development Ministry and Entrepreneurship (MSDE) and German International Cooperation (GIZ). The German Government has given Euro3 million (Rs22.6 Crore) for the three-year project...

Fuel cess for projects Nitin Gadkari briefing the media, during the IACC Convention. The Shipping Ministry has proposed using part of the fuel cess collected for building national highways for expansion of National Waterways. Speaking at the Infrastructure Session of the...

JNPT signs US$400m funding The Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai has signed an agreement with State Bank of India (SBI) and Development Bank of Singapore (DBS) for External Commercial Borrowing (ECB) of US$400 million for expansion programme. The...

Honeycomb seeks OEM jv Honeycomb's products. Florida-based Honeycomb Company of America, Inc. (HCOA) is exploring the possibility of setting up a joint venture preferably with an original equipment manufacturer and an Indian partner, its President and CEO Steven Walker said....

Viaan games Mumbai’s Viaan Industries Limited has entered game development and publishing through its new development-focused brand Viaan Studios for the Asian and European markets. Leveraging its extensive infrastructure in Mumbai, Viaan Studios is to develop and publish AAA games....

LTI-Coupa partnership   Larsen & Toubro Infotech (LTI) has announced a strategic partnership with Coupa, a leader in cloud-based spend management and procurement software platform. The partnership will enable enterprises to rationalize spends, achieve measurable savings, control costs and improve...

Automotive market Indian automotive component market worth US$44bn in 2016.The automotive components market in India is estimated to cross US$44 billion in 2016 with passenger cars accounting for the largest revenue share in the country's automotive component market in 2015,...

India-Russia business talks India is keen to jointly develop coal fields and iron ore mines in Russia to bolster bilateral trade and economic ties. Similarly, Russia is ready to participate in the “Make in India” program in order to develop...