An order worth Rs 9,200 crore for supply of seven Long Range Surface-to-Air Missile (LRSAM) systems has pushed the order book of Navratna Defence PSU Bharat Electronics Ltd (BEL) beyond 50,000 crore for the first time in history of the company. The Navratna DPSU is confident that this is just[Read More…]
Tag: Company
Karnataka to promote start-ups with French collaboration
Karnataka has signed an agreement with Business France India to collaborate on promoting start-ups in five areas. “We have identified the five areas of collaboration for promoting start-up ecosystems in both countries,” Karnataka IT Minister of State Priyank Kharge told reporters on Friday on the margins of the Bengaluru Tech[Read More…]
Snapdeal in talks for a potential sale
Indian e-commerce company Snapdeal after having struggled to raised funds is in talks with Paytm-E-Commerce and Flipkart India for a potential sale as per LiveMint reports. However, the talks are still in its initial stages, Japan’s SoftBank which has invested roughly $900 million of the $2 billion or so raised by Snapdeal,[Read More…]
Idea-Vodafone merger to become world’s 2nd largest telecom company
Vodafone India and the Kumar Mangalam Birla-owned Idea Cellular would merge to create the country’s biggest phone company by subscribers, giving a tough fight to Bharti Airtel. The fresh Rs 1.55 lakh crore entity will also be the world No. 2 after China Mobile. Under the merger, both the company[Read More…]
Focus on business, forget about leadership change: Ratan Tata to CEOs
A day after Cyrus Mistry was removed as Chairman of Tata Sons, Ratan Tata on Tuesday asked leaders of group companies to focus on their businesses and not be concerned about the sudden exit. “My appointment is for short-term and the new leadership will be in place soon. I have[Read More…]