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.
Tag: Magazine
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GMR divests majority stake in GUEL
In line with GMR Group's Asset Right and Asset Light Strategy, GMR Highways has signed a definitive agreement with India Infrastructure Fund (IIF) to divest 74 per cent stake in GMR Ulundurpet Expressways (GUEL).
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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.
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Kirby organises seminar
Kirby India recently organised an interactive technical seminar at Hyderabad focusing on the Indian IS 800:2007 design codes. Chaired by SR Satish Kumar, professor at the Indian Institute of Technology Chennai and a member of the standing committee of advisors for the code, the seminar was attended by the entire structural design team from Kirby India.
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We will reduce group dependence by 25 Percentage
Essar Ports witnessed a five-fold increase in profits, up to Rs 331 crore. Having outperformed itself by posting 54.5 mt of handled cargo, Rajiv Agarwal, Managing Director, is aiming to triple it in the next few years.
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Canadian pension funds for India’s infra development
The 5th India Infrastructure Summit 2013 organised by FICCI recently in New Delhi explored the various means of infrastructure financing and funding. A report.
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Assocham summit Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
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Essar Ports Harbinger of hope
From a modest beginning, it is now a name to reckon with among ports in India. With a massive 48 per cent profit in Q1, a port and five terminals to operationalise in the next year, the company expects to continue doing well for a second consecutive quarter (ended September). Sumantra Das writes on the emergence of Essar Ports.
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The Champion CIO
GS Ravi Kumar is associated with Gati as the Chief Information Officer (CIO) for the last 12 years. During his tenure, he has played a major role in transforming the entire IT system of Gati to be at par with the best in the industry.
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A dedicated technocrat
VA George, President & Chief Executive Officer, Thejo Engineering, has an experience of more than three-and-a-half decades in corporate and banking sectors (both, in public and private), out of which more than 20 years in senior management positions.