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India's 1st indigenous aircraft carrier Vikrant handed over to Navy

 The Cochin Shipyard Ltd on Thursday delivered the country's first indigenously-built aircraft carrier (IAC-1) to the Indian Navy which would induct and commission the vessel into service as the INS......

'Indian Navy cannot come second in war'

 In the hot Kolkata sun, on the banks of the Hooghly river, craftsmen from Garden Reach Shipbuilders & Engineers (GRSE) swarm over what will be the Indian Navy's most high-tech stealth warship. For......

Caparo Group ventures into power generation

 Lord Swraj Paul-owned Caparo Group on Friday announced entry into the power generation business through a joint venture with Finland-based Wartsila at a project cost of Rs 1.15 billion ( Rs 115......

Power outage? Indians spend Rs 30,000 cr annually

 Indians spend a whopping 30,000 crore (Rs 300 billion) every year on fuel and maintenance cost on power back-up equipments to secure themselves against frequent outages. According to a pan-Indian......

India may become engg sourcing hub

 Global engineering companies such as Siemens, Cummins, ABB, Aker Kvrner, Wartsila, Alfa Laval and SKF are planning to increase their sourcing of engineering equipment and services from India......

SAB, Electrolux FDI proposals cleared

 Proposals of Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar Inc were among the 52 foreign direct investment cases totalling Rs 321 crore (Rs 3.21 billion)......

MNC delisting may accelerate

 A string of multinational companies holding close to 90 per cent stake in their Indian subsidiaries may like to delist their domestic arms from Indian bourses, investment bankers have said. This......

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