Mahindra Defence, Airbus Helicopters sign pact to produce military helicopters January 25, 2016 12:33
Mahindra Defence and Airbus Helicopters have taken forward a memorandum of understanding signed in July, 2015. A pact was now signed between the firms to form a joint venture to produce military helicopters in India.…
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Everything about NDA government’s crop insurance scheme January 25, 2016 07:03
The Pradhan Mantri Fasal Beema Yojna is the flagship crop insurance scheme of the NDA government to reach out farmers. According to Home Minister Rajnath Singh, "The scheme will create a security shield for farmers…
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Wanda Group to invest $10 billion in India January 23, 2016 09:24
China’s biggest commercial property developer, Wanda Group, and Haryana state have signed a preliminary agreement for the construction of an industrial zone. Billionaire Wang Jianlin's Dalian Wanda Group has decided to invest $10-billion to build…
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Book new Mahindra KUV100 SUV online in Flipkart January 18, 2016 07:24
Mahindra & Mahindra, the Utility Vehicle manufacturer, has partnered with Flipkart, online marketplace, for online bookings for new SUV - KUV100 model. From, 18 January 2016, the compact SUV can be booked online. Flipkart Business…
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Bharat Forge plans for integrated auto components hub in Nellore January 11, 2016 07:05
Bharat Forge, a forging major, is planning to set up an integrated auto components hub in Nellore, by investing nearly Rs. 1,200 crore in the project. A Memorandum of Understanding (MoU) was signed by the…
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Azim Premji, most generous Indian in 2016 January 09, 2016 06:54
Chairman of Wipro, Azim Premji, 70, has ranked as the most generous Indian of the year for the consecutive third year with donations valued Rs. 27,514 crore towards the education sector, according to Hurun India…
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Volvo merges Indian bus operations with group arm Volvo India January 05, 2016 10:47
Volvo Group, Swedish auto giant, has merged Volvo Buses India (its Indian bus operations) with its group arm Volvo India Pvt. The merger came into effect form 31 December 2015. The move makes Bangalore-headquartered Volvo…
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New scheme cheers textile industry, A-TUFS January 02, 2016 13:44
The decision from the Union government to launch an amended technology upgradation fund scheme has lightened the textile industry. The new scheme is a replacement for the existing revised, restructured TUFS. The financial burden of…
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Greybull Capital to buy Tata Steel UK unit December 23, 2015 10:32
Tata steel is in discussion to sell its UK-Based Unit to Greybull Capital, an investment firm. The news is in accordance with the statements from two firms. This news gave a boost to troubled steel…
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Google, Ford discuss on autonomous cars December 22, 2015 12:27
Google is in discussions with Ford on building its autonomous cars, according to reports from Automotive News which cited a person with related project knowledge. If the contract manufacturing deal gets finalized, it would come…
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Medical device sector now delinks from Pharmaceutical sector? December 12, 2015 10:23
Good news for medical device sector, as its long standing demand for delinking from the Pharmaceutical sector was accepted by the government. The health ministry accepted to delink schedule M III of the Drug Rules…
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Global solar alliance plans by India, France November 30, 2015 12:46
Indian Prime Minister Narendra Modi and French President Francois Hollande are to launch a game changing international solar alliance, as an effort to bring affordable and clean solar energy to all.According to a statement from…
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