Projects

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...

Tool market The Commercial Tool Rooms Market in India will grow at a CAGR of 17% by 2020 backed by mainly increasing demand from a growing automotive industry, says Research and Markets in a 2016-2020 report. The demand is also...

Suzlon's order Elutala-II project. Wind turbine supplier Suzlon Energy has secured a 132 MW repeat turnkey order from India’s ReNew Power Ventures for two projects in Andhra Pradesh. The order is for 48 units of S97120M Hybrid Tower and 15...