Private equity firm Neev Fund, which is backed by IndiaÂ’s largest lender State Bank of India, has struck its second deal this year in a cold chain logistics service provider, a person familiar with the development has told VCCircle.
Author: admin (Infratructure Today)
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Topcon announces agreement for Bentley reality modelling software
Topcon Positioning Group has introduced Topcon ContextCapture, powered by Bentley Systems, a reality modeling software solution that will be offered with Topcon UAS (unmanned aerial systems).
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Karan Singh Sodi elevated to MD – Mumbai, JLL India
JLL, India's largest and leading International Property Consultancy, has announced the elevation of Karan Singh Sodi to Managing Director – Mumbai (MMR).
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OMRON expands its reach in the energy segment
OMRON, a front-runner in ‘Sensing & Control Think’ technologies, is all geared up to expand its presence in the smart energy segment in India. The company has updated its portfolio with an array of unique and innovative solutions to cater to some of the critical needs faced by utilities in the sector in the country.
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Delhi Airport second best among worldÂ’s biggest airports
GMR Group-led Delhi International Airport has announced that Indira Gandhi International Airport (IGIA) has become the world’s second-best airport in the largest airport category — with passenger capacity of over 40 million passengers per annum (MPPA) — as per the Airports Council International (ACI) ASQ 2016 rankings.
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Coal India approves interim dividend of Rs 18.75 per share
Coal India has said that its Board has approved an interim dividend of Rs 18.75 per share for the 2016-17 financial year. The government is likely to get around Rs 9,200 crore from the total interim dividend payout.
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Cabinet approves development of 50 un-served and under-served airstrips
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal for revival of 50 un-served/under-served airports/airstrips of the state governments, Airports Authority of India (AAI) and civil enclaves in three financial years starting from 2017-18.
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New Delhi Municipal Council to launch large-scale skill development drive
New Delhi Municipal Council (NDMC), currently engaged in transforming NDMC area into a Smart City with global benchmarks, has embarked on a large scale skill development drive for enhancing employment opportunities and increasing productivity as mandated under the Smart City Mission Guidelines.
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Air India to raise over Rs 3,000 crore for purchasing Boeing aircraft
Air India is looking to raise short-term loans worth over Rs 3,000 crore to partly fund the acquisition of four Boeing 787 planes. It plans to induct these four aircraft — part of the 27 aircraft order placed with Boeing Inc in 2006 — between July and October this year.
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Coal gas can help lower import bill by $10 billion in 5 years
Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official has said.