Technology

SPV formed for managing station and hotel. Gandhinagar station. The Indian Railway Stations Development Corporation Ltd (IRSDC) and the state Government of Gujarat (GoG) has formed a special purpose vehicle for the re-development of Gandhinagar station. The IRSDC has taken...

Two new centres are commitment to customers. NTT Communications Corporation (NTT Com), the ICT solutions within Tokyo-headquartered the NTT Group, has launched international data network services in India. The service is through its affiliate NTT Communications India Network Services (NTTCINS)....

DMIC receives Rs.499.86 crore funding. DMIC: work in progress. Commerce and Industry Minister Nirmala Sitharaman has given an update on the industrial corridors being built in the country, with funding status to date. The Delhi Mumbai Industrial Corridor (DMIC) is...

Tax exemption for import of raw materials. Though the 2011 imposition of Minimum Alternative Tax (MAT) had slowed down growth of special economic zones (SEZs), the implementation of Goods and Service Tax (GST) provides good investment opportunities in Indian SEZs,...

Nuclear pact comes into force. Modi and the Prime Minister of Japan, Shinzo Abe witnessing the exchange of the Civil Nuclear Agreement between India and Japan, at Kantei, in Tokyo on 11 November 2016. The India-Japan Agreement for Cooperation in...

Focus on R&D and Technologies. Tata manufactured Shaurya. India must be self-reliant in defence production and it is critical that private industry undertake defence technologies and manufacturing by understanding Indian Army’s requirements, said Lt-Gen. Sarath Chand, Vice Chief of Army...

Railways looking for cutting-edge technology. The National Institute for Transforming India, NITI Aayog, has approved Rs.18,000 crore investment for high-speed rail projects for Delhi-Mumbai and Delhi-Kolkata, Union Minister for Railways, Suresh Prabhu has told ASSOCHAM. “We are working on Gatiman...

Discussion on project viability commences. The Government has accorded ‘in principle’ approval of five coastal sites and designated them for locating Light Water Reactors (LWRs) in cooperation with the Russian Federation, France and the USA. Two projects, KKNPP 3&4 (2X1000...

Reactors to be completed in phases by 2031. Dr. Jitendra Singh. The Government has accorded administrative approval and financial sanction for construction of 10 indigenous 700 MW Pressurized Heavy Water Reactors (PHWRs) in fleet mode. The reactors are planned at...

Govt encourages defence equipment manufacturing. Model of Russia's Sukhoi jet which is used by India. Details of India’s defence agreements signed with Russia over the past five years is as under: •Agreement for training of Indian armed forces personnel in...