Technology

Japan’s OKI has won the contract to supply 3,500 cash-recycling machines and associated services for the State Bank of India (SBI), India’s largest bank.

Indian Railways (IR) has plans to set up 500 Mega Watt (MW) of Land based Solar plants, including those on its unused land, Railway Minister Piyush Goyal said in a written reply to a question in Lok Sabha (Parliament) on...

India’s Defence Budget has increased year on year for replacement of ageing and obsolete defence equipment, Minister of State for Defence Jayadev Galla said in a written reply to Lok Sabha on 26 June 2019.

The Public Sector Units (PSUs) in the defence industry have been given a target to achieve 25% of their turnover through exports by 2022-23, Defence Minister Rajnath Singh told Rajya Sabha on 26 June 2019.

The Power business of Larsen & Toubro (L&T) is to set up a 2x660 MW ultra-supercritical power plant in Buxar district of Bihar under a mega engineering, procurement and construction (EPC) order from SJVN Thermal Private Limited.

Platform to reduce project costs by 60%     Tech Mahindra Ltd has announced a strategic global alliance with Dallas’ K2View, Inc to help organizations accelerate and bridge digital transformation by giving enterprises real-time access to their data, across silos,...

Commerce and Industry Minister Piyush Goyal has directed Department for Promotion of Industry and Internal Trade (DPIIT) to immediately form a committee to hear grievances and provide necessary clarifications on issues related to FDI in e-Commerce.

Four Plastic parks in the States of Assam (Tinsukia), Madhya Pradesh (Raisen), Odisha (Jagatsinghpur) & Tamil Nadu (Thiruvallur) have been approved for implementation till 2019-20, Chemicals and Fertilizers Minister D.V. Sadananda Gowda told Parliament on 25 June 2019.

World Bank is lending US$31.58 million for the Uttarakhand Public Financial Management Strengthening Project that will help improve the State’s ability to manage its Financial Systems and lead to Better Utilization of Development Resources.

Santa Clara’s SoundHound Inc.®, the leading innovator in voice-enabled AI and conversational intelligence technologies, has announced a partnership with Hyundai Motor Group to bring the first voice-enabled, smart-connected SUV to the Indian market.