Technology

Lendingkart to expand credit offerings Signing of Fullerton-Lendingkart fund raising pact. Source: Fullerton. Singapore’s Fullerton Financial Holdings Pte Ltd (FFH), along with participation from existing investors, is leading over US$87 million being raised by Indian Fintech Lendingkart Technologies Private Limited....

Bid closes on 12 Feb 2018 Bridge and Roof Company (India) Limited seeks Rotary Equipment, Balance Non-Pressure Part Thermal Power Project, North Chennai. Tender ref: BnR/HO/ERE/71061/BLR-RE/NC/03. Tender ID: 2018_BandR_290159_1. Bid closes on 12-Feb-2018 04:00 PM. Bid opens 13-Feb-2018 04:30 PM....

IMF bullish on economic outlook Prime Minister Narendra Modi has championed technology as a means of development and warned of its potential to be used as a means of destruction in his address at the sixth World Government Summit (WGS...

Water & Effluent Treatment order of Rs.1,255 crore The construction arm of Larsen & Toubro has won orders worth Rs.2,275 Crore across various business segments. It has secured an Engineering, Procurement and Construction (EPC) contract from Bangalore Development Authority for...

EV for designing transport infra, says study   Electric vehicle (EV) market has the potential to grow significantly in the coming years as sales are expected to witness high double digit growth rates annually in India till 2020, noted a...

FY2019 revenue seen at US$143-$151M Solar-based Azure Power Global Ltd is expecting to put into operation 1,300–1,400 MW in fiscal year ending March 2019, up 30-55% year on year. For current fiscal year, it expects to 905–1,000 MWs to be...

Nine month net profit up 171%, reports NALCO National Aluminium Company Limited (NALCO) is vigorously pursuing its projects including a 1,320 MW Greenfield Thermal Power Plant in Odisha. Its other projects includes: addition of 0.5 MTPA capacity to its existing...

Spending on safety increased, says Goyal Modern technologies that lower reliance on human element and improve efficiency of the system are being adopted by the Indian Railways, Minister Piyush Goyal said on 9 Feb 2018. Self Propelled Ultrasonic Rail Testing...

Three-year fleet maintain and service deal   Air India’s regional carrier Alliance Air has signed a three-year agreement with Pratt & Whitney Canada (P&WC) to deliver fleet maintenance services and support for PW127M engines. “We continue to deliver highly flexible...

Sagarmala programme for industries For promoting port-led industrialization, 14 Coastal Economic Zones (CEZs) covering all the Maritime States and Union Territories have been identified as part of the National Perspective Plan under the Sagarmala Programme. The Perspective Plans for all...