The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
Issues like high insurance cost and the announced price hike effective January could also weigh on sales in 2019. The only bright spot is the softening seen in fuel prices over the past month.
It's the second time Nasscom has projected single-digit growth in a decade.
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
This is no surprise, given that the deadline for digitisation in Delhi, Mumbai, Kolkata and Chennai was October 31 and DTH firms and multiple-system operators were eyeing a windfall.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
Companies are rushing to sign up and run promotions for the 2012 London Olympics.
RupeePower aims to become the No 1 originator of financial products.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
New regulatory rules, softer freight rates and a liquidity crunch at non-bank lenders are among the reasons.
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Both the Apache and Chinook helicopters have been pressed into service as part of the IAF's deployment along the LAC in view of the bitter standoff with China in eastern Ladakh, officials said.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
The company's revenue rose 16.08 per cent to Rs 25,668 crore.
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
Cognizant jumps 13 ranks to become 4th most valued.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
In a regulatory filing, Reliance -- the country's most valuable company - said, 'The 43rd AGM will be held on Wednesday, July 15, 2020 at 2 pm though video conferencing / other audio-visual means.'
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
TCS is setting up a large BPO operation in Varanasi next year, some staff could be absorbed there
TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 years.
Change of guard and strategy has rejigged the financials and order of top IT companies.
The issue of acquiring farmland for industry is threatening to jolt West Bengal's Left Front, the world's longest-running democratically elected communist government, says Sumit Bhattacharya
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
While sport climbing made its debut in the Olympics only this year, it has had a popular home in India for many years now.
N Chandrasekaran, managing director & CEO, and S Mahalingam, chief financial officer, spoke to Business Standard on how they intend to sustain this growth in an uncertain environment.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
'His working style differs from his father as he is a quick decision-maker.'
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
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