Yes, it is expected that several Dubai-based organisa¡tions are keen to develop the Gujarat International Finance Tec-City (GIFT City) project. During the visit, we have met authorities of Dubai International Finance Centre (DIFC), Dubai Multi Commodity Centre (DMCC) and Dubai Metro, with a view to develop GIFT City as a global financial hub.
Category: Technology
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Process reengineering transforms business
Montecarlo Construction Limited, a major Indian large-scale construction firm, found growth impeded by legacy software. The firm deployed an SAP® Business All-in-One solution for the engineering, construction, and operations industry, reengineering its business processes.
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Mapping India
Agendra Kumar is the President of NIIT GIS Ltd (Esri India), a joint venture between ESRI Inc., USA and NIIT Technologies (NTL), India. He has over 25 years of experience in IT business management and has served as the country head of several multinational technology companies.
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New Volvo truck range makes an exciting premiere in India
Volvo Trucks´ much-awaited new range has been launched in India. The completely renewed product portfolio - which includes the flagship Volvo FH, voted ´International Truck of the Year 2014´ in Europe - is pushing the limits on what premium trucks can offer, setting a new benchmark for transportation.
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New Gurgaon sees rise in PE investors
Over the past 15 months, New Gurgaon, which is an area between Manesar and old Gurgaon, has seen investments in real estate projects by several private equity funds. Singapore sovereign wealth fund GIC recently put in Rs 150 crore in a joint venture with realty firm Vatika group to develop two projects in this area of Gurgaon.
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UltraTech to acquire Jaypee cement units at Rs.5,400 crore
Kumar Mangalam Birla-led Aditya Birla Group´s flagship firm UltraTech Cement has decided to acquire two cement units of Jaiprakash Associates with a combined capacity of 4.9 million tonnes per annum in Madhya Pradesh for an enterprise value of Rs 5,400 crore.
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70,000 LEDs to light up Jaipur
The Jaipur Municipal Corporation has signed an MoU with ESCO Company to replace sodium and tube lights with energy-saving LED (light-emitting diode) lights. JMC said the day-to-day trouble faced by Pink City residents will be resolved with these LED lights.
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Government to connect 55,000 villages with phones by December 2016
The telecom department plans to take mobile networks by December 2016 to nearly 10 per cent of Indian villages that are still unconnected, to make the government´s ambitious Digital India programme more pervasive.
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DoT plans two-phase spectrum auctions
In an attempt to strike a balance between the need to put more airwaves up for sale and meet revenue targets for this fiscal year
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Aircel, RCom tie up for 3G services in Mumbai
GSM operator Aircel has launched 3G services in Mumbai, making the metro its third circle after Delhi and Rajasthan.