With Rs 200 crore foreign direct invesment (FDI) a rail wheel manufacturing factory will be built in Maharashtra's Aurangabad by Bonatrans, a Czech wheel and axle manufacturing company. The Indian Railways, which has already have such a wheel and axle factory in Bangalore, has succeeded to attract the FDI from Bonatrans.
Category: ECONOMY & POLICY
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Govt to build 3,862 Rajiv Awas Yojana houses in Haryana
Under the Rajiv Awas Yojana, the Union government has given approval to include Ambala, Sirsa and Rohtak towns of Haryana to build 3,862 houses at a cost of Rs 250 crore in the three towns.
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Nod to Universal Electronic Accessibility policy
The Union Cabinet recently approved the National Policy on Universal Electronic Accessibility that recognises the need to eliminate discrimination on the basis of disabilities as well as to facilitate equal access to electronics and Information and Communication Technologies (ICTs).
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Innovative solutions
Back in the early 1990s, when the other tire companies in India were busy producing highway tires for mass use mostly, the leaders at Balkrishna Industries (BKT) foresaw a unique opportunity in international business and audaciously initiated production in the off-highway segment.
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Project management lessons
As economic uncertainty continues to rage, organisations are recognising the value of project management as a critical capability that will steer them towards their business goals.
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Q-railing Perfect customer solution
Q-railing India, formerly known as Carl F International, is a fully owned subsidiary of Q-railing Europe. Since the existence in India from the year 2000, Q-railing India has grown far beyond having offices all over India, led by dynamic team of professionals
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Modernise … now!
The development of the facilities recommended by the railway modernisation committee will go a long way in making India self-reliant in railway technologies, writes Mohit Sinha.
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Marine insurance Manage most probable risks
In a slowing economy, it's important that the industry reengages itself in an optimal risk management exercise to provide adequate protection to an already strained balance sheet, says Vikash Khandelwal. In the second episode of our insurance insight series, he writes about marine insurance.
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Bombardier wins order from DMRC
Bombardier Transportation has won a major new order from Delhi Metro Rail Corporation (DMRC) to provide the first driverless unattended mass transit solution in India.
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Strata acquires equity in Geo Soluc)es
Strata Systems, Inc announced its acquisition of 50 per cent of the equity in Geo Soluc)es of Brazil.