FDI bonanza for India

At a time when the global FDI trends are not so encouraging, India has not only bucked the trend but also registered a record inflow during 2016-17. According to data released by the department of industrial policy and promotion (DIPP) last week, FDI into the country rose by 9 percent in 2016-17 touching a record level of $43.5 billion. The commendable jump in the inflow was led by the services sector which attracted $8.9 billion. Mauritius remained the leading global hub for FDI inflow in India accounting for $15.7 billion,…

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Cabinet approves four laning of Porbandar-Dwarka section

The Cabinet Committee on Economic Affairs last week approved the development of four laning of Porbandar-Dwarka Section of NH-8E in Gujarat. The cost is estimated to be Rs.1958.88 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 118 kms. This work will be done under the National Highways Development Project (NHDP) Phase IV on Hybrid Annuity Mode. The project will help in expediting the improvement of infrastructure in Gujarat and in reducing the time and…

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Policy for domestic manufacturing of high-tech defence equipments

Breaking new ground, the Defence Acquisition Council (DAC) under the Chairmanship of the Minister of Defence, Arun Jaitley, last week finalised the broad contours of a policy aimed at engaging the Indian private sector in the manufacture of high-tech defence equipment in India.  The policy is aimed at developing the defence industrial eco-system in the country through the involvement of both the major Indian corporates as well as the MSME sector. The policy will give a boost to the ‘Make in India’ policy in the Defence sector and set Indian…

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Air India connects Delhi to Stockholm

Air India has announced non-stop flight services between Delhi and Stockholm, starting from August 15, 2017. The services will be operated thrice a week — Wednesdays, Fridays and Sundays – with each flight roughly having eight-hour duration. Making the announcement, Ashwani Lohani, Chairman  & Managing Director of Air India said, “As part of Air India’s international route network expansion plans, we are happy to announce the Delhi-Stockholm direct flight from August 15, 2017. The flight will be operated thrice a week on Boeing 787 Dreamliner aircraft.” Incoming traffic from India to Sweden has grown over…

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Ericsson- Microsoft collaborate to accelerate IoT globally

Ericsson (NASDAQ: ERIC) will further strengthen the global Internet of Things (IoT) ecosystem with Microsoft by enabling enterprises to speed up the time it takes to launch mobile network-based IoT services.  Ericsson IoT Accelerator allows enterprises to deploy their IoT solutions using Azure, which connects them directly to the ecosystem of mobile operators using the connectivity management service delivered by the Ericsson Device Connection Platform (DCP) which is part of the Ericsson IoT Accelerator. Ericsson IoT Accelerator, a cloud-based, horizontal cross-industry offering comprising platform services and near-product services for telecom…

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BlackBerry Expands AtHoc Cloud Service

BlackBerry Limited (NASDAQ: BBRY; TSX: BB) is expanding the capability of its industry-leading crisis communication software to enable government agencies and large organizations to account for their people in real-time. Available today, AtHoc Account automates personnel accountability and crisis communication processes by providing safety and availability status updates of people before, during and after an event – ultimately providing the information leaders need to make operational decisions. With an integrated approach to personnel accountability, AtHoc Account combines inputs from managers about their team, call center operators, data streams from HR…

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GST for Infrastructure & EPC Projects

16 June 2017 Hotel Pride Plaza, Bangalore India finally seems to be on the verge of implementing this much-awaited tax regime “GST” Infrastructure projects currently enjoy various  concessions and benefits from indirect tax perspective, and it is imperative to evaluate whether these benefits would continue under the GST regime. The objective of the program organized by Firstview Group is to analyse the provisions of the model GST law and assess its impact on the infrastructure & construction sector. The conference will provide an opportunity to get insights from a distinguished panel…

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National Competitiveness Forum in Delhi

Institute for Competitiveness has collaborated with NITI Aayog, CII & Times Network for presenting the National Competitiveness Forum on May 25, 2017 between 8:00 AM and 4:00 PM being organized at Taj Palace, Sardar Patel Marg, New Delhi. The highlight of the event is that Professor Michael E Porter (founder of the modern strategy field) who would be presenting two keynotes on The Idea of Competitiveness and Social Progress. Each of the keynotes would be followed by panel discussion by experts in the respective domains. Some of the other speakers and experts sharing their views on at the forum are Shri Suresh…

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Ceva Logistics looking for Senior Manager- IT

CEVA is now hiring for Senior Manager IT – BD Support and product management.  Job Summary: As part of the India IT team, the IT Manager BD Support and Product Management is responsible for the commercialization of Matrix Solutions and the communication between the CEVA BD organization and the neighboring IT departments. This role supports CEVA India BD organization during pre-sales by providing advise on commercial aspects and related to the value proposition of CEVA’s IT landscape. This will be achieved by direct pre-sales support for concrete opportunities plus regular…

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