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Startup Ecosystem's Rs500 Crores Dr. Vardhan addressing a press conference on Developing and Harnessing Nation’s Innovation and Startup Eco-System. Startup Ecosystem in India has committed Rs500 Crores to implement new programs in next few years, said Union Minister for Science...

LNG imports Dahej LNG terminal. India's Liquefied Natural Gas (LNG) import will reach more than 20 MMTPA by fiscal 2022 with terminals capacity of more than 40 MMTPA, according to a report by Dublin-based Research & Markets. It noted that...

Perishable cargo centre Land lease approved for perishable cargo centre at Guwahati Airport. The Cabinet has approved leasing of 4,050 sq m of Airports Authority of India land for building Centre for Perishable Cargo at Lokpriya Gopinath Bordoloi International (LGBI)...

Bio-fuel growth potential Minister Pradhan highlights bio-fuel growth potential. India’s Bio-Fuel business has the potential to grow to Rs.1 lakh Crore over the next 10 years from present Rs.6,500 crore, projected Dharmendra Pradhan, Minister of State (Independent Charge) for Petroleum...

Scrap shredding plant Source: Mahindra. The group is setting up India's first scrap shredding plant in venture with MSTC. Mahindra Inter Trade Limited and MSTC Ltd are jointly setting up a 100,000 tonne a year auto-shredding plant, the first in the...

Stressed industries RBI notes stress on balance sheets. In its recent Financial Stability Report, the Reserve Bank of India (RBI) noted continued stress on banks’ balance sheets but expects improved macro stability to provide some relief going forward. Banks’ gross...

Fortunes of small and medium enterprises BSE boost fortunes of Indian SMEs India's 127 small and medium enterprises (SMEs) have raised Rs936.85 crores from the market through the Bombay Stock Exchange (BSE) SME platform. Total market capitalization of 127 companies, as on...

Indian expertise includes hi-tech machinery as this one from Wilson Engineering Works of Chennai. Faced with challenging times of a severe slowdown in the global markets, the Indian engineering exporters are going all-out for a hard-sell in the Middle East...

The Baxter International Foundation launched Sisu Janani Seva, also known as “mHealth,” which is a mobile application that enables staff to better monitor the health status of underprivileged women, during and post pregnancy, and the immunization of children ages two...

Dr. Reddy’s Laboratories Ltd reported consolidated revenues at Rs. 39.7 billion, year-on-year growth of 3%, for the quarter ended December 31, 2015. Growth is driven by healthy performance in North America, Europe and India; partially offset by Emerging markets, which...