Pakyong, the first airport connecting the eastern India state of Sikkim to the rest of the country, opens for business near the state’s capital of Gangtok on October 8.
India Tender and Business News
With an eye to the growing importance of urban development especially in Southeast Asia's emerging economies, Mitsubishi Corporation (MC) and Surbana Jurong (SJ), a wholly-owned subsidiary of Temasek Holdings, a Singapore government affiliated investment company, have formed a joint venture targeting acquisition of $2.5 billion in urban development projects in Asia.
An official release from Sikkim in North India said the government plans to shift from treating drug use as a criminal act to considering it a disease instead.
ThreadSol, an enterprise material management for sewn products company based in India, is coming to the Origin Africa products show coming up in Nairobi, Kenya, from September 9-11. With fashion and fabrics a major booming industry on the continent, ThreadSol hopes to make major inroads with its solutions set.
Godrej Process Equipment, a business unit of Godrej & Boyce Mfg. Co. Ltd. headquartered in India, has acquired the Yuba and Ecolaire brands and design technologies from Oklahoma-based SPX Heat Transfer, a subsidiary of SPX Corporation, USA, a global supplier of highly engineered products and technologies.
Bugworks Research Inc., a biopharma startup focused on antibotics based in Bangalore, India and Delaware, just completed a $9 million Series-A financing round.
ICOSNET, one of Algeria's internet service providers, has chosen India based Tejas' Converged Packet Optical (CPO) products to serve the growing demand for its high-speed Internet access, & Virtual Private Network offerings in the country.
Optus,the largest telecom operators in Australia, awarded a multi-million-dollar contract to India based Subex, a telecom analytics solution provider, to implement its ROC Network Asset Management solution.
Fujitsu Limited an NPO SEEDS Asia (1) are planning a field trial in India to combine augmented reality (AR) (2) and real-time flooding information to help better mitigate the impacts of urban flooding and raise awareness of citizens regarding local disasters.
On July 25, the BRICS Business Forum will take place in Johannesburg, South Africa. More than 1000 delegates from Brazil, Russia, India, China and South Africa (BRICS) will attend.
Securities Limited (ESL), an India-based brokerage firm has selected Itiviti, a provider of multi-asset trading technology and financial infrastructure located in Japan, for new OMS and connectivity solution.
New York based One Drop, an international water foundation, announced a partnership with Germany based METRO, an international wholesale and food specialist, to provide safe water access to people in India.
Sterlite Power of Mumbai, India, won 6 lots for electrical transmission projects in Brazil. The estimated total investment for those projects is approximately USD $1 billion; it represents about 65 percent of the total projects available.
COMPO EXPERT, a Münster, Germany based manufacturer of specialty fertilizers for commercial use, has entered into a strategic partnership with India'based Transworld Furtichem Pvt. Ltd. (Transworld Furtichem), an important regional fertilizer manufacturer.
The Connect to Learn initiative developed by Ericsson, a Swedish technology company, has now expanded to India, via the Smile Foundation. It helps unprivileged children learn computer skills, English and more.
For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.
India-Based APAC, a provider of immunotherapy for the treatment of cancer and US-Based Diakonos, a provider of treatment of immune system diseases in Texas, signs technology transfer and licensing agreement to bring Immunotherapy technology to India.
India based IBS Software, a provider of new-gen IT solutions to the airline industry, has been selected by British Airways (BA), to provide a technology solution for flight and crew operations management.
Redwood Shores, California-based iPass Inc., a provider of global mobile connectivity, announced a partnership with Bharat Sanchar Nigam Limited (“BSNL”), a major telecoms service provider in India, to expand Wi-Fi footprint in the country.
NEC Technologies India, part of NEC Corporation of Japan, announced it is delivering an Intelligent Transportation Management System (ITMS)/Automatic Fare Collection System (AFCS) for the city of Ahmedabad, India's Bus Rapid Transit (BRT) System.
World Resources Institute and Toyota Mobility Foundation To Develop Transport Solutions for Six Indian Cities
India is getting help with its challenges in transportation thanks to a new partnership between the World Resources Institute (WRI) and the Toyota Mobility Foundation (TMF).
TechnipFMC, in consortium with L&T Hydrocarbon Engineering (LTHE), has been awarded by Hindustan Urvarak and Rasayan Limited (HURL) major Engineering, Procurement, Construction and Commissioning (EPCC) contracts for two state-of-the-art, natural gas based fertilizer complexes in Eastern India.
Finnish manufacturer KONE Corporation has been selected to install 57 elevators at Lodha The Park, a premium high-rise residential tower development in Worli, downtown Mumbai.
Indian firm L&T Construction has secured orders for the construction of cement plants in Odisha and Andhra Pradesh.
Azure Power, an independent solar power producer based in India, announced that it has won a 130 MW solar power project which was recently auctioned by Maharashtra State Electricity Distribution Company Limited (MSEDCL), rated A by ICRA, a Moody’s company.