India's record breaking aviation growth continues unabated. The International Air Transport Association (IATA) has said that the country saw the fourth highest number of passengers taking off in 2016, up two places from the previous year, overtaking the UK and Brazil.
Tag: Brazil
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All Work, Before Play
When in August this year, India sent its largest ever delegation to the Summer Olympic Games held in Rio de Janeiro, Brazil, most expected the country to further improve on its performance over the London edition of the games which had been held four years earlier.
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Debt of top 30 steel firms at $150 bn
The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&Y). The global consultancy´s report also reveals that major part of this debt is with companies in India, China and Brazil.
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India retains top slot in air traffic growth
India retained the top slot as the fastest growing domestic air traffic market in September with a demand growth of 13.2 per cent over same month last year.
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Suzlon installs 350 MW wind energy projects in Brazil
The leader in wind turbine maker Suzlon Group has commissioned wind energy projects having a total capacity of 350 MW in Brazil. These projects are located in the high wind states of Rio Grande do Norte and Ceara in Brazil.
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Assets of India´s financial institutions reach $2.8 trillion
According to a report, the total value of assets held by India´s financial institutions touched $2.8 trillion, the third largest among BRICS nations, in 2013.
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OIL for more hydrocarbon concessions
Oil India (OIL) is seeking more hydrocarbon concessions across the globe, including Brazil and Mexico. Among its major ventures abroad
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Power Person
Vimal Kejriwal is President - Transmission & Distribution (T&D) Business, of KEC International Limited (KEC), a billion dollar infrastructure Engineering Procurement Construction
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ONGC Videsh to buy 12% in Brazil’s BC-10 block
To buy an additional 12 per cent participating interest in block BC-10 in Brazil's Campos Basin, ONGC Videsh has signed definitive agreements. Post the deal, OVLÂ’s share in the acreage would increase to 27 per cent, the Indian government firm said on October 14.
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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.