Technology

Board members of United States India Business Council (USIBC) leaders have expressed their desire to prepare a roadmap to achieve the target of US$500 billion in bilateral trade.

Escorts Limited has launched its unique Automated Farming Solutions with the launch of Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming.

An Rs.9,200 crore order for supply of seven Long-Range Surface-to-Air Missile (LRSAM) systems has pushed the order book of Navratna Defence Public Sector (DPSU) Bharat Electronics Ltd (BEL) beyond Rs.50,000 crore for the first time in history of the company.

The acquisition of Larsen & Toubro Electrical and Industry Automation division by Schneider Electric will spur growth in domestic manufacturing in line with the Make in India initiative, said Commerce and Industry Minister Suresh Prabhu.

The Communications Compatibility and Security Agreement (COMCASA) will enable India to access advanced technologies from the US and enhance India's defence preparedness.

TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, has named Shailesh Rao as Head of TPG Growth and The Rise Fund for India and Southeast Asia.

Punjab business community is expanding into new areas including a digitization centre and electronic-vehicles, according to the state’s business leaders.

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) has won the 2018 Nutanix Outstanding Innovation Partner Award. Wipro received the award during the Nutanix .NEXT Conference in New Orleans.

Tata Advanced Systems (TASL) and Lockheed Martin Corp have agreed to commence production of F-16 wings in India for export, strengthening the ‘Make in India’ initiative.

India plans to construct 100 new airports with an investment of close to US$60 billion in next 10-15 years on a Public Private Partnership basis, said Civial Aviation Minister Suresh Prabhu.