Uncategorized

India represents a major international market Source: Airtel. Barcelona-headquartered RGK Mobile, a forward-thinking global provider of digital content subscription services and mobile payment aggregation, has named Airtel a partner in its direct billing services in India. Airtel’s subscribers can now...

Provision to cut down on procurement cycle  The Minister of State for Defence Dr. Subhash Bhamrein has elaborated on the Defence Procurement Procedure (DPP) in parliament on 3 Jan 2018. The capital procurement process for defence including issues relating to...

Loan to modernize tank irrigation system The World Bank has signed a US$318 million loan agreement for the Tamil Nadu Irrigated Agriculture Modernization Project to promote climate resilient agriculture technologies, improve water management practices, and increase market opportunities for small...

US$50 billion turbines-cogen plant market by 2022 India’s Ducon Infratechnologies Limited (BSE:534674, NSE:DUCON), has set up a wholly owned subsidiary, Ducon Combustion Equipment Inc. (DCE), in New York, to sell diversified combustion and power products to global markets where demand...

Intelsat technology is well placed in India Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network and leader in integrated satellite communications and LAMHAS, one of the fastest growing teleport operators in India, have signed a multi-year agreement...

Automobile investments to generate office space demand. The global investment firm Xander Group’s key deal worth US$350 million to acquire the Special Economic Zone (SEZ) owned by Shriram Properties on Chennai’s GST Road in Q2 2017 will boosted foreign investment...

2,000-km road-highway upgrades worth US$500m. ADB signing ceremony for US$200m loan. The Asian Development Bank (ADB) has signed a US$220 million loan with the Indian government for improving connectivity as well as transport efficiency and safety on State Highways of...

Bid submission 13 June 2017.   Bharat Heavy Electricals Limited (BHEL) is looking for pipe structure for its PGCIL Bhuj-II project in Gujarat. Tender Enquiry No.- 257E006 Tender Title: Procurement of Pipe Structure for PGCIL Bhuj-II Project Bid Submission Date: 13-Jun-2017...

Survey reflects investors confidence in the Indian market. Foreign investors see India as a vast and diverse up-and-coming market with plans to increase investments there over the near to medium term, boosting its ranking to eight position on the Global...

Shell groups 1,500 experts at new tech centre Shell said its new technology hub in Bangalore is for expanding Research & Development activities in Asia.  Shell Technology Centre Bangalore (STCB), on 52-acre site, can house up to 1,500 experts working...