'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
Global engineering and product development digital services firm Tata Technologies on Monday said it has been selected by European aerospace major Airbus as a strategic supplier. The company will become an engineering, manufacturing engineering and services strategic supplier (EMES3), Tata Technologies said in a statement. "This is an outcome of an extensive seven month long multi-phased procurement assessment process that covered all Airbus divisions, subsidiaries, and affiliates across engineering, manufacturing engineering, and customer services engineering functions," it added.
Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.
Several Indian fishing boats entered Pakistan's Exclusive Economic Zone during the Eid holidays but a MSA vessel cleared the area and detained the five boats
Private equity firm Blackstone will buy out HP Enterprise's stake in Mphasis for up to Rs 7,071 crore, marking the largest IT deal for the US-based firm in India
A judicial magistrate the fishermen to jail in Karachi, two days after they were arrested by Pakistani authorities for allegedly fishing in the country's waters.
At least 45 Indian fishermen have been arrested by Pakistani authorities near Karachi
Hewlett Packard currently owns 60.5 per cent of BSE and NSE-listed Mphasis.
Pakistan has arrested 27 Indian fishermen and seized six boats for illegally entering its territorial waters, an official said on Monday.
Pakistani authorities on Friday arrested 24 Indian fishermen and seized four boats for allegedly entering the country's exclusive economic zone, officials said.
For the first time after the 26/11 Mumbai attacks, an Indian coast guard team visited Pakistan earlier this week to discuss the issues of fishermen languishing in jails and coordination between the two maritime forces.
Pakistani authorities have arrested 48 Indian fishermen and seized eight boats on charges of illegally fishing in the country's territorial waters, an official spokesman said on Friday. The Maritime Security Agency arrested the Indian fishermen late on Thursday night.
At least 29 Indian fishermen were on Saturday arrested by Pakistani authorities for allegedly entering the country's territorial waters. The fishermen were arrested by the Maritime Security Agency officials, who also confiscated their five boats during a routine patrol.
India has proposed direct communication between the coast guards of both countries to address issues relating to fishermen and operational difficulties.
"Two to three rounds of talks have been held between the two agencies on drawing up a document which is acceptable to both sides", Director General of Coast Guard, Vice Admiral Suresh Mehta.
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Fifty eight Indian fishermen were arrested on Thursday and their 11 boats seized by Pakistani authorities for allegedly violating the country's territorial waters.
Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
Rediff photographer-cum-correspondent Rajesh Karkera was the ultimate fly on the wall throughout the five days at Lakme Fashion Week Winter Fest 2016.
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