Technology

Engineers to drive digital transformation Germany’s Covestro has chosen L&T Technology Services Limited (NSE: LTTS) as one of its major engineering services partners to implement digitalization based Engineering Programs across Covestro’s global locations. Covestro has awarded a multi-million dollar contract...

Pavagada park gets 100MW plant Source: Azure. Azure Power (NYSE: AZRE) has won a cumulative capacity of 130 MWs at a blended tariff of Rs.3.35 (~US 5.2 cents) per kWh, bringing the company’s total portfolio to over 1,720 MWs. The...

MD McLemore reports unprecedent growth potential   Seattle-based Columbia Asia, with 12 hospitals in India, is expanding health service in Asia with freshly raised US$210 million for adding 16 hospitals and two clinics. It will have more than 4,000 beds...

PerkinElmer supports Govt initiatives The Biotechnology Industry Research Assistance Council (BIRAC) and PerkinElmer have signed a Letter of Intent to promote India-led startups and innovators in the areas of biomedical, biotechnology and public health. They will work together on the...

Product R&D and marketing plans lined up Chargebee's Indian origin founders. Chargebee, a SaaS subscription management and recurring billing solution, has secured US$18 Million in growth capital, led by New York-based Insight Venture Partners. The Series C investment also saw...

LTI's consultancy for Accudyne Accudyne Industries has selected Larsen & Toubro Infotech Ltd (NSE: LTI, BSE: 540005) as the transformation partner to provide IT Infrastructure & Security Management Services. Accudyne Industries is a leading global provider of precision engineered, process-critical...

Jharkhand to have Plastic Hub   The India government has approved a Rs.120 crore Plastic Park for making polymer prodcuts in Deoghar District in Jharkhand. Announcing this on 20 Mar 2018, Minister for Chemicals & Fertilizers Ananthkumar said 150-acre park...

Support sort for Start-ups and innovations FICCI-Russian during bilateral trade talks in New Delhi on 19 Mar 2018. Russian Deputy Minister for Economic Development, Alexey Gruzdev, has called for innovative business strategies to raise Russia-India trade to US$30 billion by...

Heavy water reactors set for implementation The Government has approved and given financial sanction fr 12 nuclear power reactors in the country, said Minister of State for Atomic Energy and Space, Dr Jitendra Singh in a written reply in the...

Local industry told to interact with Defexpo participants Sitharaman (in brown saree) meeting with the industry on 16 Mar 2018. Defence Minister Nirmala Sitharaman met over 200 representatives from the industry for the Tamil Nadu Defence Corridor, which along with...