updated 12:07 PM UTC, Jun 27, 2017

Lockheed Martin, Tata Ink Deal To Make F-16 Fighters In India

Tuesday, 20 June 2017 09:31
London: Tata Group and American aerospace giant Lockheed Martin on Monday signed an "unprecedented" deal to jointly produce the combat-proven F-16 fighter jets in India, boosting Prime Minister Narendra Modi's 'Make in India' plan ahead of his first summit with…

Banks To Go To Court Over Bad Loans Of 12 Largest Debtors

Wednesday, 14 June 2017 08:45
India's banks have been ordered to use the country's courts to resolve bad loans totaling about Rs. 2 lakh crore ($31 billion) issued to 12 large debtors.The Reserve Bank of India told the banks to use insolvency laws to find…

Lufthansa Says Starting Local Airline In India A 'Misadventure'

Tuesday, 18 April 2017 14:41
Deutsche Lufthansa AG said starting a domestic airline in India, the world's fastest growing aviation market, will be a "misadventure" because of high jet fuel taxes and the cost of operations. Lufthansa's comments come weeks after Qatar Airways Ltd. said…

1.3 mn HLL female condoms to Africa, Caribbean

Wednesday, 31 August 2016 17:36
Thiruvananthapuram: Leading condom manufacturers HLL Lifecare Ltd, headquartered here, will export 1.3 million female condoms to African countries Gambia and Burkina Faso and Dominican Republic in the Caribbean, a company statement said on Wednesday.This new order is part of supporting…

India rises in rank to 35 on World Bank Logistics Index 2016

Wednesday, 31 August 2016 17:35
New Delhi: Rising 19 places over its previous ranking, India has been ranked 35 among 160 countries in World Bank's recently-released Logistics Performance Index (LPI) for 2016, the government said on Wednesday.The Logistics Performance Index Report is published by World…

Genpact, Amrita University join hands to prepare data scientists

Wednesday, 31 August 2016 17:16
New Delhi: The global business process management company Genpact on Wednesday announced a memorandum of understanding (MoU) with Coimbatore-based Amrita Vishwa Vidyapeetham (Amrita University) for preparing data scientists.Aimed to develop industry-oriented knowledge and skills in analytics through guest lectures and…