The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter India´s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.
Tag: automation
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Container terminal industry has been slow on automation
We have recently signed a Letter of Intent (LoI) with India´s largest Container Terminal Jawaharlal Nehru Port Trust. This announcement was made at a formal event presided by Mr Nitin Gadkari, Union Minister of Road Transport, Highways and Shipping in the presence of Mr Anil Desai, Member of Rajya Sabha in Mumbai.
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IndianOil targets full automation
IndianOil is on a programme to ensure all its outlets in the country are fully automated in five years. IOC has about 25,000 petrol pumps of which 8,800 are automated. Declaring its 53 petrol pumps in Coimbatore
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Siemens Q3 net rises 13-fold to Rs.168 cr
Automation and solutions provider Siemens´ net beat expectations, rising 13-fold to Rs 168.26 crore for the third quarter of FY2015, compared to Rs 13 crore in the year-ago period. The company´s sales growth was muted at Rs 2,322.01 crore compared to Rs 2,318.74 crore. provider Siemens´ net beat expectations, rising 13-fold to Rs 168.26 crore for the third quarter of FY2015, compared to Rs 13 crore in the year-ago period. The company´s sales growth was muted at Rs 2,322.01 crore compared to Rs
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IT in Rail Safety: Far from autopilot
Indian Railways (IR) depends extensively on manual systems to monitor passenger and freight train services, train signalling and communications. Consequently, IR figures among the worst in the world in safety.
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IOC seeks partner for LNG tmnl
Indian Oil Corporation (IOC) will invest around Rs 14,000 crore during the current fiscal and would soon look for a partner for its Rs 10,000 crore LNG terminal project near Chennai.
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